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Measures of local support to the entrepreneurship development

Bun'kovskii D.V. East Siberian Institute of Ministry of Internal Affairs of Russian Federation, Irkutsk, Russian Federation ( bdv611@yandex.ru )

Journal: National Interests: Priorities and Security, #7, 2019

Subject Governmental regulation (support) of business mostly determines the economic development of a country and its regions. Sound local policy considering all aspects of SME is a cornerstone of the quality of production and business nationwide. Appropriate support of SME should spur its growth and make its macroeconomically influential. SME enhancement will increase the employment rate and efficacy of market mechanisms preventing the monopolism.
Objectives The study identifies and systematizes what measures may possibly be undertaken to support the SME development locally.
Methods The study relies upon the systems and comprehensive approaches to reviewing mechanisms for supporting SME locally, and classification, observation, grouping, comparison and generalization.
Results I found and systematized measures for supporting SME locally and described positive effects of such measures and implementation mechanisms. The article articulates principles for choosing appropriate SME support measures at the local level.
Conclusions and Relevance The following principles may underlie the effective support to SME development at the local level. Local authorities should not divert business initiatives, render those services which businesses are incapable of delivering themselves, consider the priority of social services contributing to goals and local socio-economic development generating the highest multiplicative economic effect.


The scope of interests of small and medium-sized entrepreneurship in the petrochemical industry

Bun'kovskii D.V. East Siberian Institute of Ministry of Internal Affairs of Russia, Irkutsk, Russian Federation ( bdv611@yandex.ru )

Journal: National Interests: Priorities and Security, #7, 2017

Importance Currently, the Russian economy faces growing needs in domestic oil refining. It requires to enhance the performance of the Russian oil refineries by upgrading the equipment used for secondary oil refining processes and increasing their capacities up to production capacities of primary refining equipment. It is necessary to increase types of petrochemicals and the distribution market by diversifying secondary oil refineries and increasing the number of petrochemical producers represented by small and medium-sized businesses in cooperation with large businesses dealing with the primary refining cycle.
Objectives The research outlines the scope of small and medium-sized businesses? interests in oil refining and petrochemical production and forecasts the effect of their cooperation.
Methods Using my own techniques, I determine the scope of small and medium-sized businesses? interests in oil refining and petrochemical production and forecast the effect of their cooperation.
Results Drawing upon the experience of the petrochemical plant in performance enhancement, I illustrate options for developing the cooperation of small and medium-sized businesses in oil refining and petrochemical production.
Conclusions and Relevance Cooperating in oil refining and petrochemical production, large and small (medium-sized) producers need to see benefits and advantages of such cooperation. It should increase profits of all businesses, create new employment opportunities, additional proceeds to various budgets. The findings can be useful for large businesses in oil refining and petrochemical production when they outline their production strategies. Certain findings may be used by authorities to prepare SME support programs.


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