THE ROLE OF SMALL BUSINESS IN THE INNOVATIVE ECONOMY

The relevance of the study: due to the weak resistance of SMEs to competition from large businesses with broad financial capabilities, to exercise their social and economic role in society. It is worth noting that the current measures aimed at helping to develop small and medium-sized enter-prises prevent a qualitative leap and achieving the level of global growth rates and efficiency of small and medium-sized enterprises in comparison with the most developed Western countries.