Strategic Framework and Delivery Mechanisms For SME and Entrepreneurship Policy in the Russian Federation

This chapter examines the legal framework for SME and entrepreneurship policy in the Russian Federation, the distribution of responsibilities across federal government for different aspects of SME and entrepreneurship policy, and the extent of policy leadership and co-ordination. It also assesses the major strategic directions in SME and entrepreneurship programme support that the federal government has chosen to pursue and the distribution of federal SME programme spending across different activities. Recommendations include developing an integrated master plan for SME and entrepreneurship promotion and shifting the weight of programme expenditures away from general SME investment and start-up subsidies towards more targeted subsidies aimed at innovation and exporting and more business development services such as company diagnostics and consultancy.