DEVELOPMENT OF SMALL BUSINESS AND ENTREPRENEURSHIP - A SPRINGBOARD FOR ENSURING MACROECONOMIC STABILITY
Journal of Contemporary Issues in Business and Government,
2021, Volume 27, Issue 2, Pages 5512-5519
10.47750/cibg.2021.27.02.557
Abstract
Creation of normative and legal instruments to stimulate the growth anddevelopment of small business and private entrepreneurship, state support in solving
daily cross-cutting issues, attraction of public and foreign investments (assets and
capital) in this sector under government guarantees, advanced know-how of small
firms and enterprises Acceleration and coordination by the state of innovative
cooperation with Howe centers is crucial for the stabilization of macroeconomic
indicators. The directions proposed in the article are focused on the prospects for
improving and developing the state of small business and private entrepreneurship,
which is an important attribute of ensuring the welfare and macroeconomic stability
of a large part of the population due to its ability to increase efficiency and
profitability.
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