Export Potential and Measures to Support Small and Medium-Sized Enterprises

S.S. Morkovina, V.V. Malitskaya, E.A. Panyavina and I.V. Sibiryatkina

European Research Studies Journal, 2018, vol. XXI, issue Special1, 303-314

Abstract: The article presents the results of the study and the comparative analysis of the development of SMEs in the EU and RF countries. The estimation of SMEs' entrepreneurial confidence in the sphere of industrial production is given. Existing incentive mechanisms for export-oriented SMEs in the EU are considered.It is determined that support for export-oriented SMEs in Russia is aimed at overcoming export barriers, increasing the activity and the competitiveness of the exporting enterprises.It has been established that the mechanism of financial support for export-oriented SMEs and the shift from direct export support to support export-oriented production, including the development of system of concessional loans for the development of export production, similar to the EU need to be changed.This allows producers to reasonably approach their financial capabilities and effectively build export planning. Priority is targeted support for specific industrial enterprises from among SMEs having experience of export and differing in a significant level of entrepreneurial confidence.

Keywords: Small and Medium Enterprises (SMEs); export; entrepreneurial potential; support of entrepreneurship.Read the Full Version here (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxi:y:2018:i:special1:p:303-314

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