Business Commons^™

How Does A Small Business In Russia Play Its Economic Role?, Liudmila Guzikova

UBT International Conference

Small business is an integral part of the market economy. The main economic functions usually attributed to small businesses are the following: innovation, combating monopolies and maintain a competitive environment, combating unemployment and creating jobs, increasing income of the general population and, consequently, the expansion of consumer demand, increase the professional activity, the development of entrepreneurial skills, spirit, and traditions as an important institution of civil society, the formation of the middle class as a basis for socio-political stability of the state. The goal of research - on the basis of statistical and factual information to assess the extent to …