Improving the tools for supporting entrepreneurship as a driver of the regional economy's sustainable growth under economic fluctuations

Subject. This article discusses the issues related to State support for small and medium-sized business in the face of external challenges and threats. Objectives. The article aims to develop a structured model to improve the performance of small and medium-sized businesses. Methods. For the study, we used a systems analysis. Results. The article finds that the small and medium-sized business sector provides flexible and quick satisfaction of needs, serves as an effective tool for structural restructuring and solving important socio-economic problems at the nationwide level. The article presents the author-developed model, which is based on improving the mechanism of network horizontal and vertical cooperation of business representatives through the creation of a coordinating council. Conclusions. The implementation of a systems approach to the development of entrepreneurship in the region will help create the necessary conditions for the growth of production.

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Publication Details

Journal
Regional Economics Theory and Practice
Published
2024-10-14
DOI
https://doi.org/10.24891/re.22.10.1915
Citations
1
Primary Topic
Economic Development and Digital Transformation
Type
article
Field-Weighted Citation Impact
0.83
Controls
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article

Improving the tools for supporting entrepreneurship as a driver of the regional economy's sustainable growth under economic fluctuations

A. D. Bogdanov, О. Е. Пудовкина
1 citations
Regional Economics Theory and Practice
Economic Development and Digital Transformation
0.83
article

Improving the tools for supporting entrepreneurship as a driver of the regional economy's sustainable growth under economic fluctuations

A. D. Bogdanov, О. Е. Пудовкина
article en
1 citations

Abstract

Subject. This article discusses the issues related to State support for small and medium-sized business in the face of external challenges and threats. Objectives. The article aims to develop a structured model to improve the performance of small and medium-sized businesses. Methods. For the study, we used a systems analysis. Results. The article finds that the small and medium-sized business sector provides flexible and quick satisfaction of needs, serves as an effective tool for structural restructuring and solving important socio-economic problems at the nationwide level. The article presents the author-developed model, which is based on improving the mechanism of network horizontal and vertical cooperation of business representatives through the creation of a coordinating council. Conclusions. The implementation of a systems approach to the development of entrepreneurship in the region will help create the necessary conditions for the growth of production.

Regional Economics Theory and PracticeVol. 22(10)
Samara State University of Economics (RU)
Decent work and economic growth
Openalex Percentile: Top 22%
Economic Development and Digital Transformation
0.83
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