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Regional Economics: Theory and Practice
 

Improving the tools for supporting entrepreneurship as a driver of the regional economy's sustainable growth under economic fluctuations

Vol. 22, Iss. 10, OCTOBER 2024

Received: 11 March 2024

Received in revised form: 20 April 2024

Accepted: 22 May 2024

Available online: 16 October 2024

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: А13, О2, R11

Pages: 1915-1926

https://doi.org/10.24891/re.22.10.1915

Ol'ga E. PUDOVKINA Samara State University of Economics (SSEU) – Syzran Branch, Syzran, Russian Federation
olechkasgeu@mail.ru

https://orcid.org/0000-0003-2993-7131

Andrei D. BOGDANOV Samara State University of Economics (SSEU), Samara, Russian Federation
superiorab1994@gmail.com

https://orcid.org/0009-0004-1080-5651

Subject. This article discusses the issues related to State support for small and medium-sized business in the face of external challenges and threats.
Objectives. The article aims to develop a structured model to improve the performance of small and medium-sized businesses.
Methods. For the study, we used a systems analysis.
Results. The article finds that the small and medium-sized business sector provides flexible and quick satisfaction of needs, serves as an effective tool for structural restructuring and solving important socio-economic problems at the nationwide level. The article presents the author-developed model, which is based on improving the mechanism of network horizontal and vertical cooperation of business representatives through the creation of a coordinating council.
Conclusions. The implementation of a systems approach to the development of entrepreneurship in the region will help create the necessary conditions for the growth of production.

Keywords: entrepreneurship, small and medium-sized business, regional economic development, State support measures, macroeconomic situation

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