Organizational Development of Russian SMEs: Current trends

Emil Velinov, Maxim Ponomarev

Abstract


The research paper sheds a light on Russian SMEs transition and specifically on their current development and evolution. The paper attempts to explain what are the main drivers and antecedents on SMEs during the period 2010-2015. Along with it, it is applied detailed analysis of Russian SMEs in terms of key performance indicators, turnover and volume of sales. Further, are given potential developments and trends within SMEs in Russia. The paper draws attention to socio-economic and political factors influencing SMEs development.


Keywords


Transition, SMEs, Russia, Current trends, Developments

References


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European Commission. Enterprise and Industry. Small and medium-sized enterprises (SMEs): SME Definition; Federal law №209-FZ "On small and medium business development in Russian Federation".

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