The SME sector of the Russian Federation: Current status, development problems, and State support measures-Reference-Cited by-同舟云学术

The SME sector of the Russian Federation: Current status, development problems, and State support measures

Published:2022-07-14 Issue:7 Volume:20 Page:1253-1268
ISSN:2073-1477
Container-title:Regional Economics: Theory and Practice
language:
Short-container-title:RETP

Author:

YAKIMCHUK Natal'ya N.¹,IVANOV Maksim D.²,OREL Aleksandr A.³

Affiliation:

1. Peter the Great St. Petersburg Polytechnic University (SPbPU)

2. State Institute of Economics, Finance, Law, and Technology (SIEFLT)

3. Small and Medium-Sized Business Fund – Microcredit Company MO Gorod Gatchina

Abstract

Subject. This article analyzes the functioning of the small and medium-sized business sector in Russia and the SME support programmes implemented in Germany, the USA, and the UK. Objectives. The article aims to conduct a comparative analysis of the development indicators of small and medium-sized businesses in Russia and some foreign countries, and develop recommendations for improving State support for this business in Russia. Methods. For the study, we used the methods of comparative and content analyses. Results. The article identifies and describes the main negative factors affecting the development of small and medium-sized businesses in Russia. Conclusions. The article concludes that it is necessary to develop strategic measures aimed at increasing the investment activities in the small and medium-sized business sector.

Publisher

Publishing House Finance and Credit

Subject

General Medicine

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