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Financial mechanism for the small and medium-sized businesses development in the Kurgan region


Orlov S.N., Marfitsyn S.V.
(about the authors)

Orlov S.N. – (Kurgan State University)

Marfitsyn S.V. – (PK Uralets)

Published in:
Russian Journal of Entrepreneurship
– Volume 19, Number 9 (September 2018)

JEL classification: G30, G39, L26

Keywords: business development prospects, financial mechanism, gross domestic product, innovations, small business


Citation:
Orlov S.N., Marfitsyn S.V. (2018). Financial mechanism for the small and medium-sized businesses development in the Kurgan region. Russian Journal of Entrepreneurship, 19(9), 2605-2624. doi: 10.18334/rp.19.9.39362


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Abstract:

The article deals with the problems and prospects of small business development in the Russian Federation on the example of the Kurgan region. Small business is in quantitative and qualitative terms the most dynamically developing sphere of the economy. In the address to the Federal Assembly for 2018, the President of the Russian Federation outlined among the priorities the measures necessary to ensure the dynamics of small and medium-sized businesses that meet modern economic challenges and requirements. Based on the analysis of the current situation in the economy and entrepreneurship, the authors propose priority options for solving the problems of development of the sphere of modern economy with extremely high potential on the basis of improving the financial mechanism of functioning and support of entrepreneurship in the Kurgan region.







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