The Meaning of Clustering to Enhance the Russian Economy Innovative Competitiveness

DOI

10.2991/iscfec-18.2019.47How to use a DOI?

Keywords

Innovation, Innovation system, Competitiveness, Cluster, Russia.

Abstract

The development of small business in Russia, despite the attention of the state, does not give significant results. Often, the reasons for the bankruptcy of small and medium-sized enterprises are inability to manage their own financial resources or ignorance of the financial position of partners. Regular analysis of the financial situation would improve the situation. However, the existing foreign and domestic methods of analysis are not suitable for small businesses for a number of reasons, which was proved in the article on the basis of the study. The identification of restrictions for small businesses in the analysis allowed us to justify for using of the coefficient method. Comparison of the set of coefficients proposed by different authors in methods for analyzing the financial condition of small organizations and the generalization of the characteristics of small trading organizations made it possible to justify a set of acceptable coefficients for analysis. The application in the analysis for comparison of non-generally established standards, and threshold average industry values, allowed to make correct conclusions on the financial state on the basis of the proposed methodology on the example of the indicators of small trade organizations. Se-lection of analysis techniques implemented in the article provides not only a ready-made instrument, but also a method for its selection and adjustment.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - T. Levchenko
AU  - E. Konvisarova
AU  - M. Nesterenko
AU  - B. Alijonova
PY  - 2019/01
DA  - 2019/01
TI  - The Meaning of Clustering to Enhance the Russian Economy Innovative Competitiveness
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 210
EP  - 213
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.47
DO  - 10.2991/iscfec-18.2019.47
ID  - Levchenko2019/01
ER  -