Our paper examines one of the key aspects of the organizational economics -the factors of economic success and sustainability of the pharmaceutical small and medium enterprises (SMEs) in India. Indian pharmaceutical industry is known for its high fragmentation and weak generic based R&D initiatives. The study uses inflation adjusted cross section data for 20 SMEs in the year 2013-2014 and applies OLS regression model with robust standard errors. It has found that exports, R&D expenditure, and previous year profits have exercised positive impact on SMEs' growth. The negative, yet statistically significant influence of advertising and marketing expenditure highlights the need to rethink about strategic management policies of SMEs. Our results suggest that SMEs are required to pay more attention towards the global market expansion and value creation through R&D investment, as a part of their long-term growth and survival strategy.

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Research in changes to the institutional environment has set a scientific problem of a balance between consequences from such changes and a need to sort out differences across imperfect standards and regulations. Approaches to solve the abovementioned issue are not the same. In a review of scientific papers, we present an original view of scientists, who are committed to the Russian academic tradition. To clarify this, the paper summarizes theories on the efficiency of economic agents and institutions. The paper also demonstrates ambiguity in approaches to a definition of efficiency conditions. It justifies factors of an increase or a decrease in transaction costs in a horizontal and vertical institutional expansion, as well as a change to the transformational function. In the course of the research, existing saturation and sparsity as features of the institutional environment are discussed.

Nowadays it becomes highly urgent to promote educational services of a higher educational institution since its specialization is of great importance for the economy of a province. This is especially true for the oil and gas university, which trains specialists for oil and gas industry, i.e identifying the main alternative in the formulation and resolution of administrative tasks on issues of quality management in higher education in the regional higher educational institution by means of new automated information technologies; by choosing the most effective ones and introducing the results of the management into the real life practice of modern society. The authors suggest their version of use of the new technology of pattern recognition in the formulation and solution of the problem of increase in quality of education in the regional higher educational institution and in the creation of informational sociological proving grounds as an informational base when carrying out the experiment with the quality of education in virtualspace.

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For a long time, the Arctic was considered a territory not adapted for human life (“dead earth”), impassable either by water or by land due to the climate. Currently, not only scientists, but also ordinary travelers and tourists are going to the North Pole. Today, tourism in the Arctic is one of the rapidly developing areas in the past few years. Therefore, the authors studied the development of tourism in the Arctic and its impact on the environment. It has been established that the development of ecological, cultural, scientific, extreme tourism, sport hunting, fishing and cruises is relevant for the Arctic regions. It was determined that the main problem in the development of tourism in the Russian Arctic is the transport and logistics underdevelopment of the region. But, these territories are so rich in natural, cultural, historical resources that there is the possibility of developing almost all types of tourism.

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The paper deals with the analysis of specific parameters of reciprocal influence between man and the Arctic environment, the formulation of the theoretic provisions, as well as the development of the scientific conclusions regarding the definition of the perspectives and peculiarities of the Arctic Region environmental development under conditions of globalization and the world environmental crisis. As the results of the conducted research, the authors revealed and generalized the scientific approaches towards the definition of the legal status of the Arctic; stated the legal contents and the meaning of the basic environmental standards and programs of the international legislation regarding the Arctic Region; considered the spheres of influence of the states on the Arctic territory and on the environmental situation of this region in general; characterized the environmental conditions for living of the Arctic population; and defined the nature of the adverse anthropogenic effect on the environment of the investigated region. The analysis of the literature helped to formulate the theoretical conclusions, to develop the practical recommendations and to forecast the long-run perspectives and peculiarities of the Arctic environmental development. It is substantiated that the reciprocal influence between man and the environment in the territory of the Arctic Region moves towards a qualitatively new stage, which forces the states to adopt the strategical decisions in the sphere of the reclamation of the Arctic Region only considering the preservation of the ecosystem, provision of the proper living quality of the Arctic population, as well as the environmentalization of all the kinds of economic activities in the region. The paper contains the scientific substantiation and proposes the development of the Concept of Sustainable Development and Preservation of the Ecosystem for the Arctic Region, which will also include the monitoring system for the condition of the Arctic.