Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC-CPSLR 2021)

<Previous Article In Volume
Next Article In Volume>

The Innovative Basis of the Growing Small and Medium-sized Businesses

Authors
Lesya Bozhko1, *
1Emperor Alexander I St. Petersburg State Transport University, St. Petersburg, Russia
Corresponding Author
Lesya Bozhko
Available Online 22 February 2022.
DOI
10.2991/assehr.k.220208.012How to use a DOI?
Keywords
Organisational development; Organisational growth; Small business; Medium business; Innovative development; Organisational changes
Abstract

The growth of the organisation, expressed in revenue and the number of staff increase, has a positive effect on the socio-economic indicators of the country. The firm’s innovative activity as a factor of intensive growth in current conditions is beyond doubt but requires additional analysis to ensure it, considering the problems of growing organisations. Identification of innovation-based success factors and solutions to the problems of growing companies are topical management issues. The study aims to determine the factors of innovative development that would be the basis for ensuring the growth of small and medium-sized organisations. By methods of selective observation and in-depth structured interviews with representatives of small and medium-sized businesses, approx. three hundred organisations from Russian regions were surveyed, growth factors based on innovations were determined. The study results allow us to see the problems of growth of firms and choose possible solutions in the field of innovation management when making investment decisions. This will smooth out the economic instability of the business during the period of growth and create sustainable competitive advantages.

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC-CPSLR 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
22 February 2022
ISBN
10.2991/assehr.k.220208.012
ISSN
2352-5398
DOI
10.2991/assehr.k.220208.012How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

risenwbib
TY  - CONF
AU  - Lesya Bozhko
PY  - 2022
DA  - 2022/02/22
TI  - The Innovative Basis of the Growing Small and Medium-sized Businesses
BT  - Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC-CPSLR 2021)
PB  - Atlantis Press
SP  - 69
EP  - 74
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220208.012
DO  - 10.2991/assehr.k.220208.012
ID  - Bozhko2022
ER  -