economic cycles

Determination of the Influence of the Economic Cycle Stages on the Innovative Potential of Small Entrepreneurship

The small business sector is studied. It is hypothesized that the small business sector has a significant innovative potential, the possibilities of which depend on the economic cycle of market conjuncture. It has been hypothesized that innovation investment in the small business sector depends significantly on economic cycles, and that the structure / directions of innovation investment are determined by the global market conjuncture.