Subject. This article focuses on the theoretical and methodological foundations and tools of selective investment policy. Objectives. The article aims to reduce inter-territorial imbalance by fulfilling the specific spatial potential of small and medium-sized businesses in various types of municipalities. Methods. For the study, we used the methods of classification and typological and comparative analyses. Results. The article offers a comprehensive typology of municipal formations, identifies specific investment barriers, and proposes a stratified system of adapted investment mechanisms for each type of municipality. Conclusions. The effectiveness of investment support for small and medium-sized enterprises depends on its adaptation to local specifics. Implementing the proposed selective approach can help reduce the severity of spatial disparities and turn Russia's territorial diversity into a resource for sustainable and balanced development.
Keywords: spatial potential, small and medium-sized enterprises, selective investment policy, investments, economic policy
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