IDEAS home Printed from https://ideas.repec.org/a/rnp/regsem/rm2310.html
   My bibliography  Save this article

Evaluation Of The Effectiveness Of Support Mechanisms For Small And Medium-Sized Businesses
[Оценка Эффективности Механизмов Поддержки Малого И Среднего Предпринимательства]

Author

Listed:
  • Lyubchenko, Irina (Любченко, Ирина)

    (Russian Presidential Academy of National Economy and Public Administration)

  • Syroizhko, Valentina (Сыроижко, Валентина)

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

Relevance of the topic. Small and medium-sized enterprises (SMEs) are an important element of the economy and provide a significant part of jobs in many countries. They contribute to the development of innovation, increase competitiveness and overall economic stability. Support for SMEs can have a positive effect on social well-being, improving living conditions and raising the standard of living of the country’s population as a whole. Objective. Identification of factors influencing the success and development of small and medium-sized businesses, and development of recommendations for improving and optimizing SME support programs. Methodology. The study is based on a systematic approach using statistical, comparative, logical and retrospective analysis. Results and conclusions. It is established that the improvement of the system of support for small and medium-sized enterprises in Russia will require the creation of conditions for the development and expansion of access to financial resources, the development of educational programs, the organization of business incubators and assistance in the formation of an innovative economy. Some recommendations: 1. Simplification of registration procedures for business: it is necessary to reduce time and costs during business registration, as well as transfer most of the procedures to electronic form to increase efficiency. 2. Development and implementation of training programs: it is important to create training programs and courses that will help small and medium-sized businesses improve their skills in management, marketing, accounting and finance. 3. Provision of financial support: in addition to bank loans, small and medium-sized businesses can be supported through grant programs, leasing, participation in investment projects. 4. Improving the culture of entrepreneurship: it is important to change the attitude towards entrepreneurship in society and the educational environment and support the development of a culture of entrepreneurship among the population. It is also important to ensure the loyalty of the business environment and the stability of the legal and economic conditions for the development of small and medium-sized businesses in Russia. To do this, it is necessary to continue coordinating the work of government agencies, invest in infrastructure and the development of innovative technologies. Application area. The scope of regulation of state policy in the field of support of small and mediumsized businesses in the region.

Suggested Citation

  • Lyubchenko, Irina (Любченко, Ирина) & Syroizhko, Valentina (Сыроижко, Валентина), 2023. "Evaluation Of The Effectiveness Of Support Mechanisms For Small And Medium-Sized Businesses [Оценка Эффективности Механизмов Поддержки Малого И Среднего Предпринимательства]," Region: Systems, Economics, Management, Russian Presidential Academy of National Economy and Public Administration, issue 4, pages 93-98.
  • Handle: RePEc:rnp:regsem:rm2310
    as

    Download full text from publisher

    File URL: https://repec.ranepa.ru/rnp/regsem/rm2310.pdf
    Download Restriction: no
    ---><---

    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:rnp:regsem:rm2310. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: RANEPA maintainer (email available below). General contact details of provider: https://edirc.repec.org/data/aneeeru.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.