Current State Of Entrepreneurship Financing Mechanisms

Abstract

The foundation of a market management system is made up of the most dynamic entities, namely, entrepreneurs, each of whom is individually interested in the results of doing business. From a legal point of view, entrepreneurial activity is defined as an independent activity carried out at its own risk, aimed at the systematic receipt of profits from the use of property, sale of goods, performance of work or the provision of services by persons registered in this capacity in the manner prescribed by law. The economic interpretation of entrepreneurship is more capacious and characterized from various perspectives by Russian and foreign economists. Western economists define entrepreneurial activity as a peculiar management style, the core of which is innovation, the constant search for new market opportunities, the ability to mobilize financial resources from various sources to perform specific tasks. The concept of financing entrepreneurial activity is understood as a combination of methods, methods, various forms used for providing an event with a financial resource; the resumption of the financial support of a specific industry and entrepreneurial business activity by attracting own funds is called self-financing. This research is aimed at searching for these relations. The issues of choosing sources of financing business are covered in sufficient detail both in Russia and in the world. However, the question of the optimal structure of financing remains debatable and does not exclude the gap between theoretical studies and the reality of their practical application, which confirms the relevance of this study.