Trends and development prospects of small business in the Federal Districts

Abstract

Socio-economic results of management in highly developed countries are largely dependent on the dynamics and operation of small businesses. The implementation course of modernization in Russia is not possible without the formation of a high-tech sector and the commercialization of new ideas in all federal districts and regions. The effective promotion of entrepreneurship in the territories is based on objective and reliable information about its development condition. The paper proposes a system of interrelated indicators to assess the level and trend of the development of small business in a particular federal district on the background of nationwide results.