Abstract and keywords
Abstract (English):
Innovation plays a key role in economic growth both at the level of individual enterprises and at the level of the whole country. Therefore, the rational allocation of financial resources intended to support and develop innovations is of paramount importance. When selecting methods of financing innovative projects, it is necessary to take into account both external and internal factors. Ignoring these factors can lead to a shortage of financing and the suspension of projects at early stages for individual companies, as well as to technological, resource or financial dependence on foreign investors for the state as a whole.

Keywords:
financing, innovation, small and medium businesses, finance, economic development
References

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