@ARTICLE{26543116_307960221_2019, 
	author = {Galina Shirokova and Liudmila Ivvonen and Elena Gafforova}, 
	keywords = {, strategic entrepreneurship, entrepreneurial mindset, managing resources, strategically, competitive advantage, small and medium enterprises, performance, economic crisis, Russiainnovation},
	title = {<p class="text">Strategic Entrepreneurship in Russia during Economic Crisis</p>},
	journal = {Foresight and STI Governance},
	year = {2019},
	volume = {13},
	number = {3},
	pages = {62-76},
	url = {https://foresight-journal.hse.ru/en/2019-13-3/307960221.html},
	publisher = {},
	abstract = {The paper explores the patterns of business investment in research and development (R&amp;D) using evidence from companies in South Africa, in comparison with indicators for a number of other countries. This study covers the period 2006-2016, the studied companies were grouped by the amount of R&amp;D expenditures (BERD), the number of reports on research performance for the first and last years of monitoring. A typical characteristic of private sector R&amp;D activities is the uneven distribution of resources in space and time. The major financial and other assets are concentrated within few large companies from a limited number of industries, while the majority of small and medium-sized enterprises invest in R&amp;D projects only sporadically, for a period of no more than two consequential years. Firms that perform R&amp;D for longer periods invest in R&amp;D incrementally and remain more persistent than enterprises performing less R&amp;D for shorter time periods. In view of the common nature of a number of patterns, these observations suggest different approaches to policies supporting R&amp;D performance in the business sector not only in South Africa, but also in other countries.},
	annote = {The paper explores the patterns of business investment in research and development (R&amp;D) using evidence from companies in South Africa, in comparison with indicators for a number of other countries. This study covers the period 2006-2016, the studied companies were grouped by the amount of R&amp;D expenditures (BERD), the number of reports on research performance for the first and last years of monitoring. A typical characteristic of private sector R&amp;D activities is the uneven distribution of resources in space and time. The major financial and other assets are concentrated within few large companies from a limited number of industries, while the majority of small and medium-sized enterprises invest in R&amp;D projects only sporadically, for a period of no more than two consequential years. Firms that perform R&amp;D for longer periods invest in R&amp;D incrementally and remain more persistent than enterprises performing less R&amp;D for shorter time periods. In view of the common nature of a number of patterns, these observations suggest different approaches to policies supporting R&amp;D performance in the business sector not only in South Africa, but also in other countries.}
}