Directions of Improvement of the Mechanism of State Support of Business Entities

Abstract

This article discusses the state support of entrepreneurship with the help of two functions. This paper explores the various directions for improving the mechanism of state support for business entities. The current economic situation has highlighted the need for effective state support mechanisms to ensure the survival and growth of small and medium-sized enterprises. Through a review of relevant literature and analysis of government policies, this paper identifies potential areas for improvement, including simplifying the application process, increasing access to financial resources, providing targeted support for specific industries, and promoting innovation and entrepreneurship.

The study emphasizes the importance of collaboration between the government, businesses, and other stakeholders in implementing effective support mechanisms that address the unique needs and challenges faced by business entities. By considering these directions for improvement, policymakers can create more effective and sustainable mechanisms for state support that promote the growth and success of business entities.