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Modernization of Institutional Environment of Entrepreneurship in Russia for Development of Innovation Initiative in Small Business Structures

Author

Listed:
  • Tatiana Epifanova
  • Nikolay Romanenko
  • Tatiana Mosienko
  • Tatyana Skvortsova
  • Alexandr Kupchinskiy

Abstract

This article explores the structure of institutional environment of entrepreneurship in Russia and its influence on the development of small business structures that are involved in innovations. It sets out structural elements of institutional environment: institutions, instruments, and methods of regulation; besides, it defines main criteria of evaluation of the level of development in the sphere of innovative entrepreneurship. In order to improve innovative initiative of small business-structures, the article offers the mechanisms of improvement of institutional entrepreneurial environment.

Suggested Citation

  • Tatiana Epifanova & Nikolay Romanenko & Tatiana Mosienko & Tatyana Skvortsova & Alexandr Kupchinskiy, 2015. "Modernization of Institutional Environment of Entrepreneurship in Russia for Development of Innovation Initiative in Small Business Structures," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 137-148.
    • Handle: RePEc:ers:journl:v:xviii:y:2015:i:3:p:137-148
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