Russian Journal of Economics and Law (Mar 2020)

Audit of support measures for small and medium-sized businesses

  • A. L. Belousov

DOI
https://doi.org/10.21202/1993-047X.14.2020.1.5-21
Journal volume & issue
Vol. 14, no. 1
pp. 5 – 21

Abstract

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Objective: to study the main problems of an institutional and legal nature that hinder the effective implementation of measures to support small and medium-sized businesses; to formulate the main directions of changing legislation in this area on the basis of the results obtained.Methods: analysis, synthesis, system approach, formal and legal methods.Results: the author reveals the main mechanisms for supporting small and medium-sized businesses that are currently stipulated in the legislation. Based on the analysis of current trends in the development of small and medium-sized businesses, the key institutional and legal problems are formulated that prevent the effective implementation of measures to support small and medium-sized businesses. Among the key issues identified are: antitrust regulation, access of small and medium-sized businesses to the public procurement system, and taxation. Based on the results obtained, specific proposals were made to change the current legislation in this area.Scientific novelty: on the basis of the identified main institutional and legal problems that hinder the effective implementation of measures to support small and medium-sized businesses, the main directions for changing the regulatory impact on business are formulated. The author suggests and justifies specific formulations that need to be included in the current regulatory legal acts in order to improve the investment climate and successfully implement measures to support small and medium-sized businesses.Practical significance: the results obtained can become a basis for development of normative legal acts aimed at amending the existing legislation and contribute to solving the most important problems in the sphere of support and development of small and medium-sized businesses.

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