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Peculiarities of doing business in special economic zones of the Russian Federation


Streltsov A.V., Yakovlev G.I.
(about the authors)

Streltsov Aleksey Viktorovich – (Samara State University of Economics)

Yakovlev Gennadiy Ivanovich – (Samara State University of Economics)

Published in:
Russian Journal of Entrepreneurship
– Volume 19, Number 4 (April 2018)

JEL classification: F10, F15, F19

Keywords: capital, economic problems, integration, preferences, preferential treatment of management, resident, risks, special economic zones


Citation:
Streltsov A.V., Yakovlev G.I. (2018). Peculiarities of doing business in special economic zones of the Russian Federation. Russian Journal of Entrepreneurship, 19(4), 895-906. doi: 10.18334/rp.19.4.38973


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Abstract:

We consider peculiarities of organization and the advantages of special economic zones necessary to attract mobile industrial capital of entrepreneurs from different countries in certain areas. We reveal the problems hindering the wide development of special economic zones (SEZ) for the Russian economy and distinguish economic, administrative, regulatory and legal components. We show the expediency of development of a risk sharing system for current activity between residents of OEZ, their managing companies, regional and Federal authorities. It is necessary to develop both incentive measures for resident enterprises and a mechanism for monitoring their operation in SEZ regulating the profile of their residents ' activities, assessment of their impact on the level of competition in the market, elimination of cases of oppression and closure of competing domestic enterprises, dependence of the Russian industry on transnational companies.








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