Russian high-tech business incubators: functional-and-value analysis approach

Nina K. Moiseeva, Janna Smirnova and Davide Infante ()

International Journal of Economics and Business Research, 2014, vol. 8, issue 2, 193-204

Abstract: The application of value management as well as functional-and-value analysis is still at the development stage in the Russian economy. Our work analyses the application of these methods in the particular case of high-tech business incubators. We investigate and analyse the advantages that functional-and-value analysis provides for the R%D-intensive field, taking into account the economic and social motivations in the establishment of a business incubator, its organisation and interaction with internal and external components. In this context we also determine the importance of value management and value analysis in enhancing internationalisation of high-tech Russian enterprises. Finally, the evolution process of value management and functional-and-value analysis in the conditions of the idiosyncratic Russian economy is described and crucial factors of modern tendencies, such as greater efficiency but high risk aversion are highlighted.

Keywords: business incubators; Russia; functional-and-value analysis; high-tech firms; high technology; value management; social motivation; economic motivation; efficiency; risk aversion. (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijecbr:v:8:y:2014:i:2:p:193-204

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