Business Environment For SMEs and Entrepreneurship in the Russian Federation

This chapter examines the quality of national framework conditions for SMEs and entrepreneurship in the Russian Federation, covering macro-economic conditions, international market integration, competition and state ownership, public procurement, the administrative burden, tax and social security, transparency and the rule of law, human resources, physical infrastructure the innovation system and access to financing. The state has made several important improvements across these areas that will ease SME and entrepreneurship development. A number of further policy reforms are recommended for example in the areas of reducing state control in the economy, strengthening transparency in public dealings with enterprises, building a skilled SME workforce and commercialising public research.