The essence and prospects of business development in Russia in modern conditions

Abstract

Abstract At the present stage, more and more new managerial and legal models appear in Russia in the context of a developing real estate market with the construction business organization. Some of them are the adapted models for managing the investment and construction projects, which are just beginning to be formed and used by entrepreneurs and managers in the Russian conditions. The article considers the business development as an important factor for the Russian economy as a factor in improving the investment and construction activities’ efficiency. The essence definition of business development as a system of organizational, legal and economic relations between the subjects of the real estate market related to the socio-economic territorial business development is formulated. The main business development stages are highlighted, including for the projects’ implementation in Russia.