Abstract
The article analyses key methods of regulation of formation of most-favored-nation environment for development of innovative business, indicates their advantages and basic disadvantages which interfere effective administration of relevant processes. New approach for organization of regulation of formation of most-favored-nation for innovative business environment, as well as for utility estimate of such regulation for different types of economic agents, is offered. In conclusion the system of indicators of efficiency of most-favored-nation formation for innovative business environment management is presented. DOI: 10.5901/mjss.2014.v5n12p75
Highlights
Study of key tendencies of steady development of modern global social-economic system proves raising trend of significance of business sector as the basic source of public revenue which is determined by necessity of business activities development with the aim of integral use of resource potential by implementation of complex of business characteristics focused on non-recurrent improvement of the effectiveness and innovativeness of economic development which allows to provide positive dynamics of social-economic systems in strategic perspective [1, 2]
At the present stage of development innovative potential of social-economic system can be implemented on condition of formation of most-favored-nation for innovative business conditions in the format of small business enterprises which prevail in innovative economic sector which is determined by necessity to use creativity factor, as well as to provide flexibility and adaptability of relevant authorities on early stages of development [3]
On this picture we can see that regulation of activities of innovative business of various types on different stages of innovative cycle should be implemented by different subsystems of public administration, and in the frames of the 1st quadrant the organization function is the prior from the point of view of ensuring efficiency of formation of most-favorednation environment, of the 2nd quadrant – planning function, of the 3rd quadrant – coordinating function and of the 4th quadrant – function of motivation
Summary
Study of key tendencies of steady development of modern global social-economic system proves raising trend of significance of business sector as the basic source of public revenue which is determined by necessity of business activities development with the aim of integral use of resource potential by implementation of complex of business characteristics focused on non-recurrent improvement of the effectiveness and innovativeness of economic development which allows to provide positive dynamics of social-economic systems in strategic perspective [1, 2]. Representatives of business community say that insufficient quantity of institutions is the most significant factor that prevents activity increase in this economic sector; corruption, insufficient flexibility and efficiency of the system of governmental regulation of business, disproportionality of financial market and labor market are indirect characteristics of this factor; all this does not allow national businessmen to use favorable macroeconomic situation for the purpose of creation of stable basis of competitiveness [7]
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