Interaction Between the State and Business as a Management Process of Ensuring Sustainable Development

Tatyana N. Kosheleva, Vitaly A. Mordovets, Natalya Yu. Kuchieva and Edgar O. Vardanyan
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Tatyana N. Kosheleva: Saint-Petersburg University of Management Technologies and Economics
Vitaly A. Mordovets: Saint-Petersburg University of Management Technologies and Economics
Natalya Yu. Kuchieva: Saint-Petersburg University of Management Technologies and Economics
Edgar O. Vardanyan: Saint-Petersburg University of Management Technologies and Economics

A chapter in Finance, Economics, and Industry for Sustainable Development, 2024, pp 601-608 from Springer

Abstract: Abstract The article deals with the issues of the management process of ensuring sustainable development as the basis of social interaction between the state, business, and society. The social nature of interaction is understood as compliance with social development goals. Despite the different approaches of the state and business in the introduction of national socioeconomic and microeconomic policies, respectively, constructive dialogue and interaction are possible between these institutions. Intercountry approaches to solving this problem are described on the example of the USA, China, and Russia. The methods and tasks of management in the field of improving economic policy are described. The role of regulatory functions of the state, in particular, in the sphere of antimonopoly policy, in ensuring soft regulation of a non-financial nature, which can achieve significant results in improving the economy and sustainable development of Russia, is substantiated. The segment of small- and medium-sized businesses of Russia is described, which should play an important role in import substitution of a wide range of consumer goods suitable for production in Russia, which will ensure its sustainable development in the long term. Conclusions on a possible strategy for the implementation of the management process of social interaction between the state and business as the removal of transaction costs and excessive administrative supervision in the field of entrepreneurship are formulated. The authors have developed methods for managing the relationship between the state, business, and society as a whole: a regulatory method; a method for ensuring mutually beneficial partnership; a software and grant method of interaction; and an infrastructure method. The authors proposed approaches to the formation of infrastructure elements to support social entrepreneurial interaction with state regional structures on the basis of the formation of public-private partnership and formulated and disclosed its principles: the principle of social orientation of private-public partnership projects; the principle of return on investment; and the principle of resource sufficiency of private-public partnership projects.

Keywords: Social interaction; State regulation of economy; Entrepreneurship; Antimonopoly policy; Sustainable development; Import substitution; Competitiveness (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-56380-5_54

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DOI: 10.1007/978-3-031-56380-5_54

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