This article describes the main components of creating an innovative product, foundinterdependence of costs for research & development and patent activity in the country. It shows the comparative characteristics of small innovative business's systems in the industrially advanced countriesand Russia.The positive role of copying foreign production of innovative goods and the use of technology was identify. The basic socio-economic problems affecting the active development of innovative entrepreneurship were distinguished. Considered the Russian experience in the development of small and medium-sized enterprises in pre-revolutionary and Soviet times (artisanal-cooperative movement). Recommendations for the creation of innovation climate, based on the support of the invention and the mentality of the Russians were given in this article.

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Conducted an analysis of such possibility as establishment of infrastructure elements of small busines's investment-innovative development as regional centers of agricultural technologies transfer (RCATT) and venture funds. Basic strategic purposes and principles of RCATT in context of

The paper investigated the possibilities of using the traditional organizational structures of economic entities for solving the functional issues of investment and innovation. It was revealed that the greatest challenges of innovation and investment processes in small enterprises

Proven by international experience appropriateness of the model of multiple innovation sources determines the urgency of the problem of development of small enterprises innovative activity. This paper examines the theoretical basis for attribution of "innovation activity" concept i.e. definition, types and stages of innovation, as well as analyzes the methodological aspects of effective management of the small business innovation. This study describes the main negative factors of innovation environment for small business and modern innovation strategies. The authors draw conclusions about effectiveness of application of innovative management strategies at different innovation stages and offer some measures to develop innovative intra-firm behavior.