Open AccessThe trends of export activities development of small and medium enterprises: world experience and russian practice
Author(s) -
E. V. Malysheva
Publication year - 2022
Publication title -
meždunarodnaâ torgovlâ i torgovaâ politika
Language(s) - English
Resource type - Journals
eISSN - 2414-4649
pISSN - 2410-7395
DOI - 10.21686/2410-7395-2021-3-70-78
Subject(s) - business , diversification (marketing strategy) , small and medium sized enterprises , industrial organization , sustainability , product (mathematics) , value (mathematics) , commerce , marketing , finance , ecology , geometry , mathematics , machine learning , computer science , biology
The article analyzes the peculiarities of export activities of small and medium-sized businesses, shows the high involvement of companies belonging to small and medium-sized businesses (SMEs) in the high-tech sector. The contribution of SMEs to the creation of the value of a product/service through the introduction of innovations and their adaptation to different contexts by providing new or niche products that meet the diverse needs of customers is noted. Based on the analysis of the world practice of export activities of SMEs, the author concludes that SMEs can contribute to economic diversification and economic sustainability. This is especially true for resource-rich countries that are particularly sensitive to fluctuations in raw material prices. The emphasis is placed on the analysis of the export activity of Russian SMEs, an insignificant share of SMEs in the total volume of exports in comparison with other countries is highlighted. It is concluded that Russian small and medium-sized businesses are in the process of formation, which makes them vulnerable to the influence of both external and internal threats. It is shown what impact the COVID-19 pandemic had on SMEs. It was emphasized that the main problems for such companies were non-fulfillment of contractual obligations and a sharp decline in demand.