Infrastructure support for the economic security of business activities

Abstract

Aim. While investigating the socio-economic essence of infrastructure, the presented study aims to substantiate its increasing importance in ensuring the desired level of economic security of enterprises and the economic system as a whole.Tasks. The authors determine the relationship and mutual influence between the process of achieving the desired level of economic security of enterprises and the degree of infrastructure network development; specify and expand the classification of the economic security infrastructure support network according to new evaluation criteria; substantiate the increasing role of the government as the desired level of economic security of enterprises and the national economy as a whole is being achieved; justify the growing complexity of the process of infrastructure support for business activities with allowance for cyclicity and sectorality.Methods. This study analyzes and assesses the essence and role of infrastructure as an institution ensuring the normal operation of economic entities within the framework of the process approach. Research methods are used to summarize the obtained results and propose recommendations for increasing the effectiveness of the government’s regulatory role in the field of economic security and improvement of the infrastructure network.Results. According to the authors’ concept, the increasing importance of infrastructure as a developing institution contributing to the formation of a synergetic effect from the use of certain economic security instruments by various economic entities is substantiated. This concept can serve as a basis for a comprehensive solution to one of the most difficult tasks of our time — achieving the desired level of economic security of various economic entities.Conclusions. The study proves that infrastructure acts as one of the most important institutions of the modern economic system since the degree of its development determines the possibility of achieving the desired level of economic security. The authors propose an approach to organizing interaction between the elements of infrastructure support for economic activity with allowance for cyclicity and sectorality. The increasing importance of government regulation aimed at increasing the level of economic security of all economic entities is determined.