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The development of small innovative enterprises through harmonising economic interests
[journal article]
Abstract The harmonisation of economic interests is
one of the essential preconditions for the development
of enterprises, including small
ones. As practice shows, the harmonisation of
major interests of small innovative business
requires not only market instruments, but also
state regulation, which de... view more
The harmonisation of economic interests is
one of the essential preconditions for the development
of enterprises, including small
ones. As practice shows, the harmonisation of
major interests of small innovative business
requires not only market instruments, but also
state regulation, which demands the development
of a corresponding mechanism. This
study sets out to develop and justify the macroeconomic
mechanism of development of
small innovative enterprises on the basis of
harmonisation of basic economic interests of
their agents. The research significance of the
results presented in the article consists in the
fact that, for the first time, the problem of economic
interest harmonisation has been considered
in relation to the agents of small innovative
business. The author juxtaposes the major
economic interests of these agents and
identifies their compatibility and conflict areas.
The article offers a mechanism for the
development of small innovative businesses,
including two sets of instruments — those
aimed at combining the agents’ efforts on the
basis of their common economic interests and
prevention of conflicts resulting from their incompatibility.
The recommendations on the
application of instruments for harmonising
economic interests can be used in drawing up
programmes for the development of small innovative
business at the federal, regional, and
municipal levels... view less
Keywords
entrepreneurship; innovation capacity; economic development (single enterprise); method; small business; economic success; macroeconomics
Classification
Basic Research, General Concepts and History of Economics
Document language
English
Publication Year
2012
Page/Pages
p. 25-34
Journal
Baltic Region (2012) 3
DOI
https://doi.org/10.5922/2079-8555-2012-3-2
ISSN
2079-8555
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works