Journal of Engineering and Applied Sciences

Year: 2017
Volume: 12
Issue: 13
Page No. 3452 - 3454

Proposals for the Establishment or Improvement of the Existing Regional Structures to Support Small and Midsize Business in the Russian Federation

Authors : P.K. Konstantinovich

Abstract: Consolidated measures to support small and midsize business, considered in the present study can lay the basis for regional policy in this area as well as for the development of roadmap. In the Russian Federation the contribution of small and midsize business into GDP is about 20% at the same time for example in the USA this figure amounts to >40% that is there is a huge growth potential which can be encouraged by implementing competent program including the regional program aimed at supporting entrepreneurial activity.

How to cite this article:

P.K. Konstantinovich , 2017. Proposals for the Establishment or Improvement of the Existing Regional Structures to Support Small and Midsize Business in the Russian Federation. Journal of Engineering and Applied Sciences, 12: 3452-3454.

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