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Economic Analysis: Theory and Practice
 

A methodological approach to justify forms of support for export-oriented enterprises

Vol. 14, Iss. 10, MARCH 2015

Available online: 9 March 2015

Subject Heading: ANALYSIS OF BUSINESS PERFORMANCE

JEL Classification: 

Pages: 16-25

Morkovina S.S. Voronezh State Forestry Engineering Academy, Voronezh, Russian Federation
tc-sveta@mail.ru

Panyavina E.A. Voronezh State Forestry Engineering Academy, Voronezh, Russian Federation
panyavina-e-a@mail.ru

Budkova S.V. Voronezh State Forestry Engineering Academy, Voronezh, Russian Federation
svb.aksioma@mail.ru

Importance Because of the importance of foreign trade activities, the challenges of disclosing the export capacity of the region, in general, and the enterprise, in particular, the problem of providing effective support to export oriented companies recently acquired even greater relevance.
     Objectives The aim of the study is to identify opportunities to support small and medium-sized enterprises engaged in foreign trade operations.
     Results The authors present the results of research on the state and development of export-oriented small and medium-sized businesses. The authors consider the forms of State support of export-oriented business: marketing, consulting and training, finance. They disclose the reasons for insufficient implementation of export capabilities of enterprises. The article identifies the financial and administrative constraints among the major constraints on the development of export-oriented small and medium-sized businesses. The paper proves that in order to support internationalized business structures, it is necessary to develop methodological tools, which will make it possible to provide a targeted support to needy businesses. In the course of the study, the authors have developed a methodology for support of export-oriented small and medium-sized businesses.
     Conclusions and Relevance The authors conclude that the proposed methodology, having found its application in small and medium-sized businesses, will contribute to a real assessment of the effectiveness of interventions to support export-oriented small and medium-sized businesses. The methodical approach can be used by the Federal and regional authorities, as well as the small business development centers in the preparation of normative legal acts, regulating the direction and forms of support to small and medium-sized businesses.

Keywords: support, export-oriented enterprises, small business, effectiveness, activities, socio-economic efficiency

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