THE IMPORTANCE OF SCIENTIFIC NEWS IN INCREASING THE COMPETITIVENESS OF SMALL BUSINESS
Keywords:
Small business, competitiveness, scientific innovations, innovative development, startup projects, technoparks, innovative clusters, product production, economic efficiency, science and business integration, new technologies, innovative products, scientific developments, business potential.Abstract
The article analyzes the role and importance of scientific innovations in increasing the competitiveness of small businesses. The study highlights the mechanisms for implementing scientific developments in business processes, creating new products and services, increasing production efficiency and strengthening market competitiveness. It also examines the possibilities of implementing scientific innovations in small businesses through startup projects, technoparks and innovation clusters, expanding the innovative potential of business entities and creating high added value. The results of the study reveal the strategic importance of scientific innovations in business development and help identify ways to increase economic efficiency.
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