Models of entrepreneurs' participation in economic development of Russian Far East

DOI

10.2991/ttiess-17.2017.104How to use a DOI?

Keywords

the Russian Far East, economic development, entrepreneurship, the creation of new capital

Abstract

Entrepreneurial structures make a significant contribution to the social and economic development of the regions. The concept of territorial development of the Russian Far East changes. Models of participation of business structures in the implementation of the program for the development of the region are becoming more complicated. The article substantiates the need to take into account the diversity of models of entrepreneurship participation in the social and economic development of territories. Three models of entrepreneurs' participation in the economic and social development of the Russian Far East are possible. They correspond to three options for assessing and stimulating such participation by various levels of government. The first model has a solid legal basis. The second model reflects the results achieved in the development of entrepreneurship in a market economy. The third model is based on the current understanding of entrepreneurship. The analysis of possible models is supplemented by their synthesis on the foundation of the general economic basis of entrepreneurship. The creation of new capital is such common economic basis for entrepreneurship. Entrepreneurs operating within the framework of the first model create predominantly new productive capital. For its creation, they should receive the appropriate assessment and support of the state. Entrepreneurs operating under the second model create a new capital of all kinds (productive, financial, intellectual). For this, they should receive a higher appreciation and more significant support of the state. Entrepreneurs, operating under the third model, create predominantly new intellectual capital. They deserve maximum evaluation and maximum support from the state.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Vladimir Smirnov
PY  - 2017/06
DA  - 2017/06
TI  - Models of entrepreneurs' participation in economic development of Russian Far East
BT  - Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017
PB  - Atlantis Press
SP  - 636
EP  - 641
SN  - 2352-5428
UR  - https://doi.org/10.2991/ttiess-17.2017.104
DO  - 10.2991/ttiess-17.2017.104
ID  - Smirnov2017/06
ER  -