Article
Article name The role of small business in the socio-economic development of the national economy
Authors
Bibliographic description Belyaev D., Malyshev E. The role of small business in the socio-economic development of the national economy // Transbaikal State University Journal, 2017, vol. 23, no. 11, pp. 85—91. DOI: 10.21209/2227-9245-2017- 23-11-85-91.
Category Economics
DOI 334.012.64
DOI 10.21209/2227-9245-2017-23-11-85-91
Article type
Annotation The definition of the business sector as a strategic sphere of state interests, which is the main source of financing budgets of different levels and economic development, is given. It is noted that entrepreneurship in Russia has sufficient growth potential, being a flexible sphere of economic state structure, and is able to react quickly to changing market conditions, both on the domestic and international markets. It is shown that in order to build an effective mechanism for regulating the state system in the field of private property, socially responsible entrepreneurship is necessary, which also contributes to the overall development of democratic and market principles. The results of the research showed the need for the development of the small business sector. It is established that its independent development, without state participation, in conditions of unfair competition, high concentration of administrative barriers, limited access to various resources in the form of loans, state support, as the study shows, has no prospects. It is shown that effective state regulation of small business through the necessary redistribution of powers between levels of power, through the improvement of mechanisms of tax, financial, administrative management can create a stable sector of the national economy with a high degree of return. It is noted that in the process of development of the small business sector, the surrounding economic and social environment is exposed, namely: economic legislation is being improved, civil society is being formed. The conclusion is drawn that the representatives of small entrepreneurship realize their social responsibility to the society; therefore the institutions of state regulation not only play an important role in creating an effective small business sector, but also contribute to the development of an entrepreneurial culture inherent in a civilized society
Key words small and medium-sized business; factors of development of small and medium business; legislative regulation of small and medium business; civil society; administrative barriers; social responsibility; democratic and market principles; external and internal factors; innovative project; tax system
Article information
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