Sustainable Development of Small and Medium Enterprises in Russia

Elena G. Zhulina, Natalia Yu. Shadchenko, Tatyana L. Myagkova, Elena G. Kirikutsa and Liudmila V. Syrnikova

Chapter 20 in The Role of Entrepreneurship in Resolving Modern Global Economic Problems:A Systemic Review, 2026, pp 201-209 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This research explores the prospects for developing small and medium enterprises in the face of external challenges and state support measures for the sector. It identifies the targeted benchmarks of the national project aimed at supporting small and medium-sized enterprises (SMEs) and evaluates specific indicators of its implementation. The analysis examines trends in several SMEs, employment levels, and the contribution of SMEs to the national GDP. The findings indicate a positive growth in the attractiveness of these business forms and their effectiveness. While large businesses adhere to sustainable development principles, the SME sector remains outside the sustainable development agenda. The research notes that owing to their unique characteristics and advantages, small and medium enterprises are already embodying some sustainable development principles, which highlights their potential to address the economic and social challenges of today’s society. Ultimately, it concludes that there is a need to intensify state support measures to sustain the development of SMEs. The research aims to identify the key directions and indicators of the sustainable development of small and medium enterprises in Russia and propose measures that support this trend.

Keywords: Entrepreneurship; Contemporary Global Economic Problems; Socially-focused Economy; Digital Economy; Climate Economy; Innovative Entrepreneurship; Social Justice; Global Inequality; Realizing Human Potential; Quality of Life; Economic Globalization; Green Transition; Investment Transition; Developing Economies; Central Asian Economy (search for similar items in EconPapers)
JEL-codes: F63 L26 O10 O17 Q01 (search for similar items in EconPapers)
Date: 2026
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