The Strategic Priorities of Developing Small and Medium Sized R&D and Innovative Enterprises in the Republic of Bashkortostan

Abstract

The article studies the priorities of developing small and medium sized innovative business. The paper shows that in modern conditions the priorities of developing small and medium sized innovative business should be considered as a necessary direction to ensure effective innovative development of the Republic of Bashkortostan and Russia as a whole. The article analyses the approaches to assessing the innovative potential of small and medium-sized innovative business. The author classifies the approaches to assessing the development of innovative systems. The paper presents the analysis of the indicators characterizing the innovative activity of small and medium business in the Republic of Bashkortostan. The author calculates the index of innovative potential and defines the priorities of developing small and medium sized innovative business in the Republic of Bashkortostan. The article reveals that for the most objective analytical assessment it is necessary to study such indicators as the number of small and medium sized R&D enterprises, the average number of innovative small and medium sized enterprises, the money turnover of R&D and innovative small and medium sized enterprises, costs on technological innovations of small enterprises, the share of small enterprises involved in technological innovations in the total number of small enterprises in Bashkortostan. The author emphasizes that under the conditions of global challenges it is necessary to deal with the strategic priorities of developing small and medium sized innovative business comprehensively and take into account such factors as innovative potential, innovative risk and security of innovative activity.