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The Role of Foreign Partners as Investors or Customers in the Development of Small Inonovative Business in Snezhinsk
Pages 148-156

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From page 148...
... In fact, there has been a brain drain of relevant specialists to the United States, Europe, and other countries. Counterpart investments have generally been connected with the raw materials industries and the service sphere, with minimal use of Russia's intellectual potential.
From page 149...
... In the early 1990s the city became responsible for social issues, public utilities, and other matters, and a growing number of enterprises involving private capital began to appear, with most of them providing intermediary or retail and wholesale trade services. Only recently has some progress been seen in the development of small businesses using conversion technologies and developments.
From page 150...
... center Production of autonomous heating systems using Uran boilers (project cost: $592,000) Production of quick-toassemble residential buildings (project cost: $1,107,000)
From page 151...
... In the United States alone, there are 260,000 disabled persons who have had one or both legs amputated, and this figure increases by 40,000 annually. These disabilities cost a billion dollars annually just to provide for the initial needs of the patients.
From page 152...
... Creation of the company was based on the following objectives: · distribution and installation of advanced technologies for automated accounting of materials and products at enterprises in the region and around the country as a whole · creation of additional jobs in the city on this basis Plans called for these objectives to be pursued in three stages. In the first stage, the main emphasis was on selecting foreign partners that produced the equipment the region needed for the marking and automated identification of materials.
From page 153...
... The new municipal Internet infrastructure will produce the following positive results: ~ It will preserve jobs or create new ones at enterprises selling and installing computer and communications equipment. ~ It will create a new sector of the job market in Snezhinsk: Internet design and software companies, electronic business, news services, and library and consulting services.
From page 154...
... The project was included as a top-priority element of the medical section of the Snezhinsk accelerated conversion plan, but it has nevertheless remained only on paper. A positive example of cooperation with foreign partners should also be mentioned.
From page 155...
... There are few chances for obtaining loans because of the high risks associated with innovation activity without any financial support. · Participation in various joint programs is currently the most realistic way of attracting foreign partners in the innovation-oriented small business sector.
From page 156...
... · There is a lack of expertise in management and an absence of communication skills in dealing with foreign partners.


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