Evaluation of state support programs for small business: A regional aspect

This paper aims to evaluate SME support programs in the context of institutional theory. The methodological basis of the study is the theory of transaction costs, which makes it possible to develop the theoretical aspects of evaluating the effectiveness of state programs by including a new factor in...

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Autores principales: Podshivalova M.V., Pylaeva I.S., Kuzmina N.N.
Formato: article
Lenguaje:RU
Publicado: Ural State University of Economics 2019
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Acceso en línea:https://doaj.org/article/19bfccb71ea945a983ddc355b9fbd14f
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spelling oai:doaj.org-article:19bfccb71ea945a983ddc355b9fbd14f2021-12-02T09:46:01ZEvaluation of state support programs for small business: A regional aspect10.29141/2218-5003-2019-10-1-32218-5003https://doaj.org/article/19bfccb71ea945a983ddc355b9fbd14f2019-03-01T00:00:00Zhttp://upravlenets.usue.ru/images/77/3.pdfhttps://doaj.org/toc/2218-5003This paper aims to evaluate SME support programs in the context of institutional theory. The methodological basis of the study is the theory of transaction costs, which makes it possible to develop the theoretical aspects of evaluating the effectiveness of state programs by including a new factor in the analysis, i.e. various types of the funds recipients’ transaction costs. The authors raise question about the effectiveness of the applied entrepreneurship support programs using the case study of Chelyabinsk and Chelyabinsk region. We analyse the main requirements to applicants, time costs for obtaining subsidies, as well as feedback indicators. On the one hand, we reveal that government bodies impose strict requirements for applicants. On the other hand, the demand for government financial support from SMEs is low. The researchers assess transaction costs of subsidies recipients by transforming time costs into financial costs and conclude that the level of SME transaction costs when submitting applications is insignificant. The main reason behind SME’s reluctance to participate in the tender for the allocation of budget funds is a high level of transaction costs of a different nature, that is losses associated with stepping out of the “shadow” when providing information for authorities. The practical application of the results is aimed at improving the adequacy of methods for evaluating the effectiveness of SME support programs for the institutional constraints of the Russian small business.Podshivalova M.V.Pylaeva I.S.Kuzmina N.N.Ural State University of EconomicsarticleSMALL AND MEDIUM-SIZED ENTERPRISESSUPPORTING PROGRAMTRANSACTION COSTSINSTITUTIONAL APPROACHSME FINANCEBusinessHF5001-6182FinanceHG1-9999RUУправленец, Vol 10, Iss 1, Pp 28-39 (2019)
institution DOAJ
collection DOAJ
language RU
topic SMALL AND MEDIUM-SIZED ENTERPRISES
SUPPORTING PROGRAM
TRANSACTION COSTS
INSTITUTIONAL APPROACH
SME FINANCE
Business
HF5001-6182
Finance
HG1-9999
spellingShingle SMALL AND MEDIUM-SIZED ENTERPRISES
SUPPORTING PROGRAM
TRANSACTION COSTS
INSTITUTIONAL APPROACH
SME FINANCE
Business
HF5001-6182
Finance
HG1-9999
Podshivalova M.V.
Pylaeva I.S.
Kuzmina N.N.
Evaluation of state support programs for small business: A regional aspect
description This paper aims to evaluate SME support programs in the context of institutional theory. The methodological basis of the study is the theory of transaction costs, which makes it possible to develop the theoretical aspects of evaluating the effectiveness of state programs by including a new factor in the analysis, i.e. various types of the funds recipients’ transaction costs. The authors raise question about the effectiveness of the applied entrepreneurship support programs using the case study of Chelyabinsk and Chelyabinsk region. We analyse the main requirements to applicants, time costs for obtaining subsidies, as well as feedback indicators. On the one hand, we reveal that government bodies impose strict requirements for applicants. On the other hand, the demand for government financial support from SMEs is low. The researchers assess transaction costs of subsidies recipients by transforming time costs into financial costs and conclude that the level of SME transaction costs when submitting applications is insignificant. The main reason behind SME’s reluctance to participate in the tender for the allocation of budget funds is a high level of transaction costs of a different nature, that is losses associated with stepping out of the “shadow” when providing information for authorities. The practical application of the results is aimed at improving the adequacy of methods for evaluating the effectiveness of SME support programs for the institutional constraints of the Russian small business.
format article
author Podshivalova M.V.
Pylaeva I.S.
Kuzmina N.N.
author_facet Podshivalova M.V.
Pylaeva I.S.
Kuzmina N.N.
author_sort Podshivalova M.V.
title Evaluation of state support programs for small business: A regional aspect
title_short Evaluation of state support programs for small business: A regional aspect
title_full Evaluation of state support programs for small business: A regional aspect
title_fullStr Evaluation of state support programs for small business: A regional aspect
title_full_unstemmed Evaluation of state support programs for small business: A regional aspect
title_sort evaluation of state support programs for small business: a regional aspect
publisher Ural State University of Economics
publishDate 2019
url https://doaj.org/article/19bfccb71ea945a983ddc355b9fbd14f
work_keys_str_mv AT podshivalovamv evaluationofstatesupportprogramsforsmallbusinessaregionalaspect
AT pylaevais evaluationofstatesupportprogramsforsmallbusinessaregionalaspect
AT kuzminann evaluationofstatesupportprogramsforsmallbusinessaregionalaspect
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