Regional Economics: Theory and Practice
 

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Management of small business development in the region

Vol. 17, Iss. 6, JUNE 2019

Received: 28 March 2019

Received in revised form: 23 April 2019

Accepted: 15 May 2019

Available online: 17 June 2019

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: M2, N8, R1, R11, R58

Pages: 1082–1104

https://doi.org/10.24891/re.17.6.1082

Pronyaeva L.I. Central Russian Institute of Management, Branch of RANEPA, Orel, Russian Federation
pli.dom@mail.ru

ORCID id: not available

Fedotenkova O.A. Central Russian Institute of Management, Branch of RANEPA, Orel, Russian Federation
o-fedotenkova@yandex.ru

ORCID id: not available

Subject This article discusses the economic relations and institutional and managerial processes in the sphere of State regulation of small business development at the regional level.
Objectives The article aims to develop recommendations on improvement of the management system and strengthening of State influence in the sphere of small business development in the region.
Methods For the study, we used the economic and statistical methods, graphic and expert estimate techniques, and the literature review approach.
Results The article summarizes the experience of small business operations in foreign countries and assesses the developments of Russian economists dealing with small businesses and regional development. It defines the factors constraining the development of small business in the region and shows the main areas of its support by the State. To conduct a comprehensive assessment of small business development in the region, the article offers an original scorecard.
Conclusions Implementing the proposed recommendations will help assess the condition of small business and apply appropriate tools in the system of State management of small business development in regions.

Keywords: small business, regional development, State support, management

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