Investigation of program mechanisms efficiency for the small and medium-sized businesses development in Russia
Economic Annals-ХХI: Volume 193, Issue (9-10), Pages: 71-77
Citation information:
Medvedeva, N., Shilova, I., & Malygina, E. (2021). Investigation of program mechanisms efficiency for the small and medium-sized businesses development in Russia. Economic Annals-XXI, 193(9-10), 71-77. doi: https://doi.org/10.21003/ea.V193-08
Natalia Medvedeva
D.Sc. (Economics),
Professor,
Department of Economics and Management in Agroindustrial Complex,
Vologda State Dairy Farming Academy named after N. V. Vereshchagin
2 Shmidt Str., Vologda, 160555, Russian Federation
named35@mail.ru
ORCID ID: https://orcid.org/0000-0003-2026-6300
Irina Shilova
PhD (Economics),
Associate Professor,
Department of Economics and Management in Agroindustrial Complex,
Vologda State Dairy Farming Academy named after N. V. Vereshchagin
2 Shmidt Str., Vologda, 160555, Russian Federation
irina.shilov@yandex.ru
ORCID ID: https://orcid.org/0000-0001-8574-9878
Ekaterina Malygina
PhD Student (Economics),
Department of Transport Complex Management,
Emperor Alexander I St. Petersburg State Transport University
9 Moskovsky Ave., Saint Petersburg, 190031, Russian Federation
iekatierina.miedviedieva.1999@mail.ru
ORCID ID: https://orcid.org/0000-0002-4089-9669
Investigation of program mechanisms efficiency for the small and medium-sized businesses development in Russia
Abstract. The study examines the improvement trends of small and medium-sized businesses in Russia by the year 2021. Measures of state support aimed at developing the entrepreneurship are outlined. The effective growth of entrepreneurship leads to the satisfaction of products, works, services, and new jobs. Support for small and medium-sized business entities in foreign countries is at a higher level than in Russia. This is due not only to the long period of formation of the market economy but also to the fact that foreign countries’ government attaches great importance to small forms of enterprises and supports them by implementing special programs and providing benefits. The study aims to evaluate the program mechanisms’ efficiency for developing small and medium-sized entrepreneurship in Russia. The authors substantiated a system of indicators characterizing state support’s socio-economic efficiency in consolidated blocks: entrepreneurial, budgetary, and social efficiency. A methodology for assessing state programs’ efficiency for developing small and medium-sized businesses, including integral indicators based on the standardization of entrepreneurial efficiency components, has been developed. This methodology makes it possible to identify the relationship between the social aspects of entrepreneurial activity and state support.
Keywords: Entrepreneurship; Small and Medium-Sized Entrepreneurship; Efficiency; Methodology; Government Support; The System of Indicators
JEL Classifications: E10; E23; F12
Acknowledgments and Funding: The authors received no direct funding for this research.
Contribution: The authors contributed equally to this work.
Data Availability Statement: The dataset is available from the authors upon request.
DOI: https://doi.org/10.21003/ea.V193-08
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Received 16.06.2021
Received in revised form 19.07.2021
Accepted 2.08.2021
Available online 19.10.2021