Abstract

The problematic aspects of the financial and credit mechanism of business activity are considered. Some factors of formation of financial interrelations at the micro level and their interaction at the macro level are investigated. The problem areas of entrepreneurship are emphasized. The systemic factors of sources of financial resources in the business sector are generalized. Attention is paid to the need to develop and improve the financial subsystem of entrepreneurial activity. Peculiarities of supporting potential innovative implementation are investigated.

Highlights

  • Financial and credit support for various enterprises in any industry today is becoming an objective reality in market conditions

  • A financial and credit mechanism that contributes to the development of entrepreneurial activity in these conditions should be a complex of financial methods, such as planning, Journal of Social Sciences

  • A financial mechanism in the narrow sense refers to sources of financial and credit support, such as self-financing, for example, lending and budget financing, as well as a model for regulating financial flows

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Summary

Introduction

Financial and credit support for various enterprises in any industry today is becoming an objective reality in market conditions. If entrepreneurs of different ranks get quick access to various financial, material and technical resources, the process of their functioning will change dramatically in the necessary direction of business development, and many tasks of the state business support program will be solved automatically.

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