Development of State and Small-Business Partnership in a Region’s Innovation Sector

The strategic goals of innovation development of the Russian Federation and problems of development of small and medium businesses require the study of the mechanisms of successful cooperation between the state and small businesses, including public-private partnership (PPP). The article considers promising mechanisms for innovative development of the Russian economy in the framework of PPP, with the participation of small businesses. The hypothesis is presented by the thesis that small business has a high innovation potential and exceptional opportunities for its implementation in PPP projects. This thesis is confirmed by the analysis and synthesis of a number of scientific theories. The purpose of the study is to clarify the nature and areas of partnership between the state and small business in innovation and development of proposals to improve their cooperation according to the PPP principles. The methodological basis of the study includes the systematic approach, methods of structural, concept, functional and statistical analysis, the method of expert evaluations. The paper discloses the essence of public-private partnership as a mechanism for attracting private capital to investment processes on mutually beneficial terms for solving socially important issues; identifies the tools and forms of PPP used for economic innovative development. The key mechanisms of economic innovative development based on the principles of public-private partnership, include: program government investments; creation and maintenance of development institutions; formation and development of innovative territorial clusters; building and development of an innovative high-tech business development infrastructure. Using the experience of the Samara Oblast and the aerospace cluster the authors review the mechanisms for the implementation of PPP in innovation sector and the model for involving small businesses in investment projects. They also define organizational and economic conditions and prerequisites for an effective partnership between the state and small businesses in innovation sector, present far-reaching ways of active participation of small businesses in the PPP projects. The authors present recommendations for improving the interaction between small business and the state in innovation sector and involvement of small businesses in the implementation of innovation and significant investment projects. It seems that the developed proposals can be used in the activities of the Samara Oblast authorities and ensure sustainable economic growth and innovative development of the region on the basis of PPP mechanism

Keywords

cluster, public-private partnership, innovation infrastructure, small innovation business