Approach to strategic management of a small innovative enterprise

Basic approaches to the management of a small innovative enterprise are identified, and a strategic management model created in view of distinctive features of such enterprises is proposed. The strategy selection is based on the analysis of product design, resources availability, and business development status. The paper notes that the combination of these estimates enables the formation of a wide set of enterprise development alternatives from self-dependent work and market entry up to looking for a strategic alliance with a large-scale enterprise.