State Policy of Stimulating Innovation Activities of Small Enterprises in Ukraine

Journal Title: Бізнес Інформ - Year 2015, Vol 6, Issue 0

Abstract

This article discusses the fundamentals of State policy of stimulating innovation activities of small business. The methods, leverages and tools of the State influence on innovative activities of small enterprises have been summarized, on the basis of which a model of innovative development of economy has been built. Structure of the model of innovative development of economy includes the following methods: forming an environment, conducive to realization of investment and innovation projects; development and integration of both research and innovative sectors and entrepreneurs; improving the resource and infrastructure security. In order to implement the methods the following leverages of State influence are used: institutional direct and indirect methods, financial-credit direct and indirect methods, as well as the following tools of influence: improvement of existing and enactment of new regulatory legal acts; improved strategic planning; investing in the progressive structural changes on the system-innovation basis; applying high-performance technical equipment and production technologies, information systems; predominance of responsibility of officials over their corruptive benefits. The following instruments of State regulating innovations of the direct and indirect influence have been explored: strategies and programs for business development, public procurement and public contracts, taxes, tax credits, national and sectoral industry standards and regulations, licenses.

Authors and Affiliations

Ivan Bryk

Keywords

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  • EP ID EP89627
  • DOI -
  • Views 104
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How To Cite

Ivan Bryk (2015). State Policy of Stimulating Innovation Activities of Small Enterprises in Ukraine. Бізнес Інформ, 6(0), 92-96. https://europub.co.uk./articles/-A-89627