IDEAS home Printed from https://ideas.repec.org/a/aiy/journl/v1y2015i2p258-267.html
   My bibliography  Save this article

Potential for Development and Limitations of Regional Business Environment

Author

Listed:
  • Solodilova, N. Z.
  • Malikov, R. I.
  • Grishin, K. Ye.

Abstract

The article considers some questions of institutional support for the development of the regional business environment. In connection with constantly growing social liabilities of regional and municipal authorities, which results in the upsurge of risks of budget imbalance at respective levels, the research provides a foundation to the necessity of forming favorable business environment promoting enterprise activity in regions. The process of creating institutes of a region’s business environment is analyzed with applying a matrix institutional model of entrepreneurship. The article reveals the mechanism stipulating the emergence of specific peculiarities of institutional configurations of the regional business environment. A conclusion is drawn about the decisive role of the institutional configuration of the business environment in the existing differences in the levels of social and economic development of regions. The researchers put forward a hypothesis that supporting a favorable institutional configuration of a region’s business environment that stimulates enterprise activity in the area cannot last indefinitely as its development is of a cyclical nature. Simulation parameters for the formation and maintenance of a favorable institutional configuration of the business environment are given. With the aim of practical application of the suggested approach, the authors suggest a methodology allowing for regional authorities to estimate the expediency of favorable institutional configuration of business environment, and on this basis to formulate rules of play for business so that these rules could boost business activity and increase the contribution of entrepreneurship to the region’s social and economic development. The approach under consideration provides an opportunity to substantiate a theoretical and methodological framework for developing practical mechanisms of projecting and further long-term maintenance of favorable institutional configuration of business environment which will contribute to expanding the region’s business activity, and which is resistant to negative effects of the external environment.

Suggested Citation

  • Solodilova, N. Z. & Malikov, R. I. & Grishin, K. Ye., 2015. "Potential for Development and Limitations of Regional Business Environment," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 1(2), pages 258-267.
    • Handle: RePEc:aiy:journl:v:1:y:2015:i:2:p:258-267
    DOI: 10.15826/recon.2015.2.009
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10995/47771
    Download Restriction: no
    File URL: https://libkey.io/10.15826/recon.2015.2.009?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Malikov, Rustam (Маликов, Рустам) & Grishin, Konstantin (Гришин, Константин), 2014. "Simulation parameters of the institutional configuration of the regional business environment [Моделирование Параметров Развития Институциональной Конфигурации Региональной Деловой Среды]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 171-185, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Natalya Solodilova & Rustam Malikov & Konstantin Grishin, 2017. "Regional Entrepreneurship System: Development Parameters and Potential of Reconfiguration," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1107-1122.
    2. Irina S. Zinovyeva & Yuri А. Kozenko & Kirill B. Gerasimov & Yulia I. Dubova & Margarita S. Irizepova, 2016. "Regional Innovation Development as a Feature of Competitiveness in the XXI Century," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 10(4), December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Natalya Solodilova & Rustam Malikov & Konstantin Grishin, 2015. "Potential for Development and Limitations of Regional Business Environment," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 137-148.
    2. Solodilova, Natalia (Солодникова, Наталья) & Malikov, Rustam (Маликов, Рустам) & Grishin, Constantin (Гришин, Константин), 2017. "Institutional Configuration of Regional Business Environment [Институциональная Конфигурация Региональной Деловой Среды]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 3, pages 134-149, June.
    3. Solodilova, Natalia Z. (Солодилова, Наталья) & Malikov, Rustam I. (Маликов, Рустам И.) & Grishin, Constantin E. (Гришин, Константин Е.), 2018. "Configuration Approach to Researching Regional Entrepreneurial Ecosystems [Конфигурационный Подход К Исследованию Региональной Экосистемы Предпринимательства]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 134-155, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aiy:journl:v:1:y:2015:i:2:p:258-267. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Irina Turgel (email available below). General contact details of provider: https://edirc.repec.org/data/seurfru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.