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Internationalization as factor of boosting business innovations



S.I. Kiryukov
M.A. Klementyeva
kiryukov@gsom.pu.ru
m.klementyeva@mail.ru
senior teacher, the Department of Marketing, Higher School of Management, St. Petersburg State University, senior lecturer, the Department of International Business, St. Petersburg State University of Economics, PhD in Economic
candidate for a Master's degree in International Business, St, Petersburg State University of Economics
St. Petersburg
St. Petersburg

Keywords:

  • business
  • business internationalization
  • innovation
  • innovativeness
  • competitiveness
  • high technology
  • Current economic conditions make the processes of innovation development and business internationalization increasingly interconnected and interdependent. New models of entering new markets can be seen. Business integration in the international markets contributes to accelerated implementation of innovations in the business in question.