Managerial Problems of Russian Technology Startups
In the article the importance of small business and technology startups as the main sources of GDP and innovative development is studied by the developed economies examples. The results of the Russian technology startups research conducted by Bauman Moscow State Technical University are considered.
Research aim is to identify key managerial problems and to formulate survival factors. Study objective is to develop a research mechanism for a technology startup management system. The following startups (Generation S, Russian Venture Company, RBC, Skolkovo, TechUp, Rusbase, Engineering entrepreneurs club of Bauman Moscow State Technical University) were selected as the research objects. In this case incomplete enumeration and mixed sampling were used. A survey of 81 technology startups founders and managers was conducted (more than 400 research invitations were sent). During the meetings of Engineering entrepreneurs club of Bauman Moscow State Technical University 25 in-depth interviews with the startups founders and leaders were collected. For the study two questionnaires consisting of 44 and 75 questions were developed in electronic form. The study revealed the main problems of management and development through self-assessment of the level of management environment and in-depth interviews. The majority of problems are connected with the manufacturing process management and wrong choice of business model. The main factors of startup survival rate were defined.