Generation Favorable Institutional Configuration Regional Business Environment

Natalya Solodilova (), Rustam Malikov () and Konstantin Grishin ()
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Rustam Malikov: Ufa State University of Economics and Service
Konstantin Grishin: Ufa State University of Economics and Service

Economy of region, 2014, vol. 1, issue 4, 271 - 282

Abstract: This article discusses the theoretical issues of creating an enabling business environment, which is the base platform for the successful development of entrepreneurship in the regions. Provides A definition of a favorable institutional configuration of the regional business environment, which refers to forms of implementing the basic institutions and other regional institutions, taking into account existing regional system of formal and informal interaction between economic actors. States that despite the measures taken, the landscape of the Russian business community in terms of regions, remains uneven, with different indices of investment and business attractiveness, there is differentiation in business conditions in the regions with similar natural and geographical conditions and resource potential, which is primarily determined by , differences in the institutional configuration of the regional business environment and quality of interaction among the business community of the region. Hypothesis about the impossibility of creating a favorable business environment, institutional configurations at the same time in all regions of the country, as well as its limited duration. Conducted theoretical and probabilistic analysis of the parameters of creating an enabling institutional configuration of the business environment in the Russian regions. Grounded approach whereby institutional configuration of regional business environment, may be subject to management and control actions through targeted by the regional authorities can accept the specified (favorable to the business community) parameters. The necessity of planning and effective management of a favorable institutional configuration of the business environment by regional authorities to increase the period of its existence.

Keywords: institutional configuration favorable business environment; regional authorities; business; management system (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (3)

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