Projecting a Functional Model of Financing Government-Backed Innovative Projects in Small Entrepreneurship

DOI

10.2991/icefb-19.2019.39How to use a DOI?

Keywords

functional model; innovation projects; small and medium entrepreneurship

Abstract

Small innovation entrepreneurship nowadays suffers certain difficulties related to finding financial resources for starting up and development. Financing innovation projects of small entrepreneurship allows to solve several problems simultaneously, such as creating more jobs, improving welfare of the population, adjusting to changing conditions of the environment, etc. Within the framework of the study, a functional model of financing government-backed innovation projects in small entrepreneurship has been devised. The study results offer a context diagram and decompositions of several layers of government-backed financing scheme for small entrepreneurship. The practical value of the study is corroborated by a possibility to use the devised functional model for the purposes of strategic planning and monitoring small innovation entrepreneurship finance programs.

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  - Olga M. Gusarova
AU  - Victor M. Kondrashov
AU  - Ludmila T. Kiyashchenko
AU  - Elena V. Ganicheva
PY  - 2019/12
DA  - 2019/12
TI  - Projecting a Functional Model of Financing Government-Backed Innovative Projects in Small Entrepreneurship
BT  - Proceedings of the External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019)
PB  - Atlantis Press
SP  - 154
EP  - 157
SN  - 2352-5428
UR  - https://doi.org/10.2991/icefb-19.2019.39
DO  - 10.2991/icefb-19.2019.39
ID  - Gusarova2019/12
ER  -