Abstract

The development of small and medium business across countries is very different. In developed economies small business is the Foundation of economic activity. Whereas in developing countries, as well as in Russia, small businesses only continues to gain strength. In the development of ideas innovative development of the economy small business ideas is to promote new solutions. The role of small business in solving a variety of problems of adaptation of innovative solutions to sectoral peculiarities in the functioning of enterprises. The article provides analytical material on the content, principles, methods, and tools of the state support of small and medium businesses in the economic developed countries of the EU, USA, Japan, China and Singapore. State regulation of activity of small enterprises defines a set of requirements and boundaries for the development of many activities. This article considers the dominant direction.

Highlights

  • In the legislative and Executive authorities, as well as in the special economic literature the problem of development of entrepreneurship in Russia pays a lot of attention, but the level of development of small and medium business in the country is still far behind developed economies

  • The most developed support system SMSB have the United States of America, where this function is assigned to the small business Association (SBA), which implements its activities in the following areas: - assistance in obtaining loans and guarantees on loans for business; - subsidies and lending to small and medium businesses at the expense of its own budget; - technical and information support of business

  • The SBA is the largest government organization specializing in the support SMSB; it has more than 100 offices that interact with the special centers that provide training for representatives of SMSB, search of sources of funding and advice

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Summary

Introduction

In the legislative and Executive authorities, as well as in the special economic literature the problem of development of entrepreneurship in Russia pays a lot of attention, but the level of development of small and medium business in the country is still far behind developed economies. In this regard, it is useful to analyze foreign experience of formation and development of small and medium enterprises to understand the nature and content of the state policy in the sphere of creating a favorable business environment in this important sector of the economy. A characteristic example is the unjustified increase in social tax SMCB adopted by the Russian Government, and subsequent withdrawal from the market of more than three hundred thousand small businesses

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