International Conference on Eurasian Economies
10-12 July 2017 – Istanbul, TURKEY
Paper detail
Paper ID : 1832
Status : Paper published
Language : English
Topic : Regional Economics
Presenter: Asst. Prof. Dr. Burulcha Sulaimanova
Session : 2A Finance
Innovativeness of SMEs in Small Non-Oil Producing Post-Communist Economies
Innovativeness of SMEs in Small Non-Oil Producing Post-Communist Economies
- Asst. Prof. Dr. Kamalbek Karymshakov (Kyrgyz-Turkish Manas University, Kyrgyzstan)
- Asst. Prof. Dr. Burulcha Sulaimanova (Kyrgyz-Turkish Manas University, Kyrgyzstan)
- Asst. Prof. Dr. Dastan Aseinov (Kyrgyz-Turkish Manas University, Kyrgyzstan)
Abstract
This paper aims to study the determinants of innovation propensity of small and medium-sized enterprises (SMEs) in five small non-oil exporting Former Soviet Union countries. Empirical analysis is based on the data from the fifth wave of the Business Environment and Enterprise Performance Survey (BEEPS). Innovation of SMEs is measured by five innovation practices: innovation in goods services, process, organization, marketing and R&D spending. For each aspect of innovation bivariate regression analysis is applied. Estimation results shows that experience of managers has curvilinear effect on the innovation in SMEs. Foreign participation, export orientation and competitiveness in sectors are important for innovation.
JEL codes: O31, O32, L25
Karymshakov, Kamalbek, Sulaimanova, Burulcha, Aseinov, Dastan (2017). "Innovativeness of SMEs in Small Non-Oil Producing Post-Communist Economies" in Proceedings of International Conference of Eurasian Economies 2017, pp.70-77, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C08.01832
