Socio – Economic Role of Service – Sector Small Business in Sustainable Development of the Russian Economy

Lyudmila Rudenko, Natalia Zaitseva, Anna Larionova, Alex Chudnovskiy and Marina Vinogradova

European Research Studies Journal, 2015, vol. XVIII, issue 3, 223-238

Abstract: The aim of the present article is to summarize the results of the research on the socioeconomic role of small business in the development of the Russian economy and creation of effective mechanisms for its infrastructure support on the basis of the service sector particular qualities. On the basis of statistical data and the results of their own research, the authors prove the increasing importance of service-sector small business in the sustainable development of the Russian economy. At the closing part of the article the authors justify the necessity of the creation of the mechanisms which are able to support the service-sector small business in terms of its features.

Keywords: Russian Economy; Small and Medium Sector Enterprises; Socian and Economic Environment (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xviii:y:2015:i:3:p:223-238

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