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Directions for improving the methods of state support of small innovative businesses

УДК:334.746.4.001.895 (574) | МРНТИ 06.52.13

ISSN 2709-4707

Category: Economy

The article considers the main directions of improving methods of state support for small innovative entrepreneurship.

The main goal of government support measures is to ensure the development of small business as one of the most important elements of a market economy. As part of the implementation of this strategy, state support is enshrined at the legislative level. Formation of the primary support base for small innovative entrepreneurship is a complex and lengthy process. The main objectives of the state policy for the formation of market relations in the scientific and technical sphere are to stimulate the development of infrastructure for small innovative entrepreneurship, the development of competition by attracting financial resources and their targeted and effective use for the implementation of programs and projects for the creation of high-tech products. Innovation in any area of the economy requires financial investment. To obtain additional profit, improve the efficiency of the organization, obtain a socio-economic result, it is necessary to implement financial investments. Concrete ways of implementing state regulation and supporting the development of innovative entrepreneurship are proposed.

Keywords: government support, innovation, science, production, investment, priorities, potential.