Small Business in Spatial Development: New Opportunities

Abstract

The subject of the study is the contours of possible business development after the lifting of restrictions currently caused by the sanctions policy of Western countries and the high interest rate on loans introduced by the Bank of Russia. The possibilities of spatial resources are shown, the use of which in the strategic development of the country allows minimizing the costs of the legacy of Russia’s transition to market relations. The purpose of the work is to establish the hidden potential of the business sector, which can reconfigure the economic structure of the country. The possibilities of spatial resources as factors of economic development at the present stage of the global financial and economic crisis are demonstrated. It is established that the very formulation of the question of the need to use spatial resources in the country’s economy is, to a certain extent, an indicator of the imperative nature of their use. The article notes that for the successful completion of the formation of the entrepreneurial sector as a factor in the development of the country’s economy, a change is required not only in the style, but also in the paradigm of public administration in relation to small businesses, which should not develop in parallel with the activities of state and municipal structures, but be the object of their daily routine work. It is concluded that entrepreneurship is capable of changing the very geography of the country’s productive forces, raising small businesses through the use of spatial resources to a fundamentally new level, contributing to their development of a modern technical and technological structure and transforming in many ways the very essence of entrepreneurship.