Russian high-tech business incubators: functional-and-value analysis approach Online publication date: Fri, 29-Aug-2014
by Nina K. Moiseeva; Janna Smirnova; Davide Infante
International Journal of Economics and Business Research (IJEBR), Vol. 8, No. 2, 2014
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.
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