{"id":8220,"date":"2017-07-13T19:04:51","date_gmt":"2017-07-13T16:04:51","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=8220"},"modified":"2017-07-28T16:02:26","modified_gmt":"2017-07-28T13:02:26","slug":"institutions-of-state-financial-support-for-small-business","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/institutions-of-state-financial-support-for-small-business\/","title":{"rendered":"Volosovych Svitlana, Apostoliuk Olessia, INSTITUTIONS OF STATE FINANCIAL SUPPORT FOR SMALL BUSINESS"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]UDC 336.02: 334.72<\/p>\n

Volosovych Svitlana<\/strong>, Doctor of Economics, Professor, Professor of the Finance Department at Kyiv National University of Trade and Economics, Kyiv, Ukraine<\/p>\n

Apostoliuk Olessia<\/strong>, Assistant of the Finance, Banking and Entrepreneurship Department at Chernivtsi Trade and Economics Institute, Chernivtsi, Ukraine<\/p>\n

INSTITUTIONS OF STATE FINANCIAL SUPPORT FOR SMALL BUSINESS<\/strong><\/p>\n

Competitive environment formation, acceleration of scientific and technological progress, increase of employment level, formation of middle class in conditions of economic instability are possible due to implementation of the balanced state financial support for small business. The purpose of the study is to determine the value orientations of the institutional modernization of the state financial support for domestic small business in the conditions of intensification of Ukraine’s integration into the international area.<\/em><\/p>\n

The institutional aspect of state financial support for small business involves the formation and development of institutions that promote self-employment and the growth of its share in the gross domestic product. Institutions of state support for small businesses influence the country’s social and economic development through budgetary, tax, credit and investment instruments that make up a single system.<\/em><\/p>\n

Keywords: <\/strong>small business, institutions of state financial support, programs of small business support.<\/p>\n

JEL Classification: <\/strong>H 10, H 80, \u0415 69, G 28, F 35.<\/p>\n

References:<\/strong><\/p>\n

    \n
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  9. European Commission (2016), \u201cResearch theme: Research for the benefit of SMEs. FP7\u2013SME \u2013 FP7″, available at:: http:\/\/cordis.europa.eu\/programme\/rcn\/862_en.pdf. (Accessed 7 June 2017).<\/li>\n
  10. State Regulatory Service of Ukraine (2014), \u201cResolution of the State Regulatory Service of Ukraine “Some issues of the State Regulatory Service of Ukraine”, available at: http:\/\/zakon0.rada.gov.ua\/laws\/show\/724-2014-%D0%BF (Accessed 22 June 2017).<\/li>\n<\/ol>\n

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    [vc_row][vc_column][vc_column_text]UDC 336.02: 334.72 Volosovych Svitlana, Doctor of Economics, Professor, Professor of the Finance Department at Kyiv National University of Trade and Economics, Kyiv, Ukraine Apostoliuk Olessia, Assistant of the Finance, Banking and Entrepreneurship Department at Chernivtsi Trade and Economics Institute, Chernivtsi, Ukraine INSTITUTIONS OF STATE FINANCIAL SUPPORT FOR SMALL BUSINESS Competitive environment formation, acceleration of
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