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Management of Small Innovational Enterprise under the Conditions of Global Competition: Possibilities and Threats

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  • Svetlana V. Bogdanova
  • Irina V. Kozel
  • Lilia V. Ermolina
  • Tatiana N. Litvinova

Abstract

Purpose – The purpose of the article is to develop recommendations for overcoming threats and effective use of possibilities of development of small innovational enterprise in the process of its management under the conditions of global competition. Design/methodology/approach – The authors use the method of systemic and problem analysis, opposite tack, method of SWOT-analysis, and method of economic modeling. Findings – The authors determine the place and role of small innovational entrepreneurship in development of global markets and conduct SWOT-analysis of management of small innovational enterprise under the conditions of global competition. As a result of the research, the authors come to the conclusion that globalization of international markets is an objective process that takes place regardless of wish and realization of its importance and consequences by entrepreneurship. That’s why small innovational business would be under the threat of disappearance without adequate reaction to change of global markets. Originality/value – In order to restructure the process of management of small innovational enterprise for the conditions of global competition, this work offers proprietary recommendations for increase of effectiveness of management of small innovational enterprise under the conditions of global competition and develop the authors’ model of increase of effectiveness of management of small innovational enterprise under the conditions of global competition.

Suggested Citation

  • Svetlana V. Bogdanova & Irina V. Kozel & Lilia V. Ermolina & Tatiana N. Litvinova, 2016. "Management of Small Innovational Enterprise under the Conditions of Global Competition: Possibilities and Threats," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 268-275.
    • Handle: RePEc:ers:journl:v:xix:y:2016:i:2:p:268-275
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    File URL: http://www.ersj.eu/repec/ers/papers/16_2_p27.pdf
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    References listed on IDEAS

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    1. Romero, Isidoro & Martínez-Román, Juan A., 2012. "Self-employment and innovation. Exploring the determinants of innovative behavior in small businesses," Research Policy, Elsevier, vol. 41(1), pages 178-189.
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    2. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:92-108 is not listed on IDEAS
    3. Kalieva О.М. & Karelin N.V., 2019. "Marketing Management in Urban Passenger Transportation Innovations," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 2), pages 211-220.
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    5. Svetlana Martynova & Polina Sazonova, 2018. "Women's Entrepreneurship in the Innovative Regions of Russia in the Mirror of Qualitative Sociological Research," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 843-858.
    6. Kamila Urbanska & Agnieszka Parkitna & Joanna Kubicka, 2021. "Success of SMEs in the Era of Pandemics," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 407-423.
    7. V.Yu. Chernova & Z.G. Golodova & E.A. Degtereva & A.M. Zobov & V.S. Starostin, 2018. "Russian Industry in Global Value-Added Chains," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 165-178.
    8. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:69-91 is not listed on IDEAS
    9. M.P. Loginov & E.E. Noeva & G.A. Volkovitckaia & A.A. Murinovich & A.I. Serebrennikova, 2018. "Competitiveness-based Typology of the Russian Regions," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 787-796.
    10. Vishal Kumar Singh & Amit Gautam, 2022. "Structural Investigation of Export Assistance and Performance of Handloom Exporters," Metamorphosis: A Journal of Management Research, , vol. 21(1), pages 7-18, June.
    11. A. Gudkova & G. Rodionova & T. Turko & V. Fedorkov, 2018. "Small Innovative Business Development Experience," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 158-170.
    12. Eddy Soeryanto Soegoto, 2018. "Effective Enterprise Communication and Learning Attitude in Business Performance: A Case Study on SMEs," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 55-68.
    13. S. Purwanto & M. Setiawan & F. Rohman & N.K. Indrawati, 2018. "Financial Assistance, Marketing Assistance and Export Commitment to Improve Export Performance," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 69-91.

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