Open AccessBusiness Climate Development Problems in a Depressed Region
Author(s) -
A.K. Zemskova,
D.A. Hellstrom,
E.A. Yanova,
I.A. Kudinov
Publication year - 2021
Publication title -
èkonomika. pravo. innovacii
Language(s) - English
Resource type - Journals
ISSN - 2713-1874
DOI - 10.17586/2713-1874-2021-1-32-38
Subject(s) - position (finance) , recession , business , entrepreneurship , small business , small and medium sized enterprises , state (computer science) , production (economics) , economy , economics , finance , algorithm , computer science , keynesian economics , macroeconomics
The Novgorod region has an exceptionally favorable geographical position, however, during the period of the general recession of the country's economy, the enterprises located in it turned out to be uncompetitive, sharply reducing their production. In modern conditions the most numerous sector of the economy are representatives of small and medium-sized businesses, which are targeted by programs of the Bank of Russia to support and stimulate their development. The Novgorod region created a municipal program for the development of this sector of the economy, which defines a set of various arrangements, the main goal of which is to provide absolute access to financial and other resources. In addition to these events, training activities are carried out, consisting in the provision of information seminars in various forms for representatives of this sector. The article presents an analysis of numerous problems in entrepreneurship development in the region of Novgorod, as well as specifies the theoretical aspects of changing the business climate. The justifications for necessary state support of small and medium-sized business subjects are highlighted. The research emphasizes two main problems of entrepreneurial activity: the socio-economic development of the Novgorod region and the development of small and medium-sized business subjects.