Innovative Development Trends of Small Enterprises in the Central Chernozem (Black Earth) Economic Region

Tyumen State University Herald. Social, Economic, and Law Research


2017, Vol. 3. №4

Innovative Development Trends of Small Enterprises in the Central Chernozem (Black Earth) Economic Region

For citation: Kogay E. A., Khoroshilova A. V. 2017. “Innovative Development Trends of Small Enterprises in the Central Chernozem (Black Earth) Economic Region”. Tyumen State University Herald. Social, Economic, and Law Research, vol. 3, no 4, pp. 98-108. DOI: 10.21684/2411-7897-2017-3-4-98-108

About the authors:

Evgeniya A. Kogay, Dr. Sci. (Philos.), Professor, Department of Sociology and Political Science, Kursk State University;

Anastasia V. Khoroshilova, Master Student, Kursk State University;


This article presents the small business as a real and potential agent of modernization program of the national economy. The activity of small enterprises in the region contributes to the recovery improvement of the economy of individual regions and the country as a whole. Small business also plays the role of the most important subject of innovation activity. It can contribute significantly both to the creation of new productions and to the development of a multifunctional service sector. As factors that hinder the development of small businesses, the authors note the lack of finances, information resources, imperfection of legal regulation, and the lack of clearly developed strategies for the development of small business in the Russian regions.

This work aims at recreating the current state of small enterprises in the Central Chernozem (Black Earth) Economic Region, identifying their modernization potential and the problems that small businesses face in the course of their activities. The basic method of research involves a questionnaire survey of representatives of small businesses, as well as an expert survey and a secondary data analysis.

The conducted research led to the conclusion that small businesses can play a significant role in the country’s modernization. In addition, the authors have discovered that the leading direction of supporting small businesses is financial and credit assistance.

This work notes that the measures for supporting small and medium businesses stipulated by federal programs are insufficient; today, it is important to make the mechanism of rendering financial assistance to small enterprises more accessible. The most effective is the complex of services for small businesses, a range of services, including both financial and advisory support. The development of measures to support entrepreneurship requires taking into account the socio-cultural factors of regional development. It is also necessary to integrate various structures: government bodies, local governments, banks, and small business support funds. All this should allow taking small business to a new level of development, which will contribute to the overall development of the Russian economy.


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