Obstacles to Small Innovative Companies’ Development: Case Study of Nizhny Novgorod Region

  • Nadezhda Butryumova Venture Management Department, National Research University Higher School of Economics
  • Svetlana Karpycheva Venture Management Department, National Research University Higher School of Economics
  • Khristina Grisheva Venture Management Department, National Research University Higher School of Economics
  • Elena Kasyanova National Research University Higher School of Economics
Keywords: small innovative companies, innovation infrastructure, obstacles, case study, Nizhny Novgorod region, Russia.

Abstract

The article presents the survey results of obstacles to small innovative companies as a case study of Nizhny Novgorod region of Russia as an area with high innovative potential and great level of socio-economic indicators. Based on the semi-structural personal interviews with 19 experts - the management of support infrastructure, results shows some typical for this region impediments: bureaucracy; lack of trust, poor collaboration within the innovation system; poor information support; legislative obstacles to innovations and intellectual property protection; low interest of large companies in collaboration with small ones. The findings and recommendations can help policy-makers to meet the needs of small innovative companies, and increase the innovative activity of small firms through the improvement of the assistance programs.

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Published
2015-12-15
How to Cite
Butryumova, N., Karpycheva, S., Grisheva, K., & Kasyanova, E. (2015). Obstacles to Small Innovative Companies’ Development: Case Study of Nizhny Novgorod Region. Journal of Technology Management & Innovation, 10(4), 74-84. https://doi.org/10.4067/S0718-27242015000400008
Section
Case Studies