Priorities of development of small and medium sized innovative business in the conditions of global challenges

The article deals with the problem of substantiation of priorities of development of small and medium sized innovative business. It is shown that in modern conditions the priorities of development of small and medium sized innovative business should be considered as a necessary direction for effective innovative development of the Republic of Bashkortostan and Russia as a whole. The article considers approaches to the measurement of innovative development of small and medium-sized innovative business. The approaches to the evaluation of the development of innovative systems are classified. The theoretical basis of the research is represented by the classification of approaches to the evaluation of the development of innovative systems. The approaches of substantiation of strategic priorities, to solve the problem of substantiation of priorities of development of small and medium sized innovative business, various methods are analyzed. The Russian and foreign experience to substantiate the strategic priorities of small and medium innovative business development is analyzed...