The support mechanism of regional business development

Keywords: business, support mechanism of business development, legal support, organizational support, information and consulting support, regulatory support, monetary support, educational support, infrastructure, promoting of the development of international and interregional relations

Abstract

The article explores the support mechanism of regional business development based on Kharkiv region, its subject and structure and characterizes business lines.

The support mechanism of regional business development includes legal, organizational, information and consulting, regulatory, monetary, educational, infrastructural aspects and promoting of the development of international and interregional relations.

At present consulting, information, educational areas of the support of business development are being used very effectively in Kharkiv region.  Monetary support is little used, thus we hope that the introduction of the mechanism of partial compensation of loan rates from the regional budget will increase its efficiency. Volumes of distribution have to be increased to improve business development support at regional level, and to improve its mechanism.

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Author Biography

Olena Lesnaya , KRI NAPA, Kharkiv

PhD in Public Administration, Associate Professor of the Department of Economic Theory and Finance, KRI NAPA, Kharkiv

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Published
2021-06-03
Section
Regional and Industrial Management