Pages: 86-92
Published: 28.02.2018
Abstract: This article is devoted to the theoretical and methodological research of formation of institutional framework of small business management, its current condition and peculiarities, as well as its improvement of theoretical-practical aspects. In addition to the study of institutional foundations of small businesses from the theoretical and practical point of view, the results of the research will facilitate improving of the efficient management of interaction of small businesses due to the minimization of transaction expenses as well as decision-making aimed at developing institutional environment on the basis of innovations’ integration.
Key words: small business, small businesses management, institutional framework, innovation development.
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