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Tools of the State Business Support in the Context of Sustainable Development

Author

Listed:
  • Starchenko Grygoriy

    (Dr. Prof., Academy of Labour, Social Relations and Tourism, 3 - A Kiltseva doroha Str., Kyiv, Ukraine)

  • Ostrovska Natalia

    (Dr. Prof., Yuriy Fedkovych Chernivtsi National University, 2 Kotsyubinsky Str., Chernivtsi, Ukraine)

  • Garbazhii Kateryna

    (Assoc. Prof., Odesa National University of Technology, 112 Kanatnaya Str., Odesa, Ukraine)

  • Kotelevets Dmytro

    (Dr. Sc., HEI „Academician Yuriy Bugay International Scientific and Technical University“, 3 Magnitogorsky Lane, Kyiv, Ukraine)

  • Nykoniuk Kateryna

    (Lecturer, Borys Grinchenko Kyiv University, 18/2 Bulvarno-Kudriavska Str, Kyiv, Ukraine)

  • Amirkhanian Hrachia

    (PhD Student, Classical Private University, 70B Zhukovskoho str., Zaporizhzhya, Ukraine)

Abstract

The meta-statistics cover the following main aspects of the government’s policy of promoting entrepreneurship and other related instruments in the current economic development context. The need to take digitalization processes into account when developing areas of entrepreneurship support is substantiated. The prospects and threats of sustainable development of the business sector are highlighted. The main components of the sustainability of the business structure functioning have been determined. The main stages of the formation of the state business support policy were studied. It is substantiated that the current realities of the digital economy formation form new requirements for operating conditions and ensuring sustainable development, including through the implementation of digital transformations in all aspects of the business processes functioning. An instrumental basis for the state policy implementation of entrepreneurship support in the sustainable development context has been formed. The introduction of a system for monitoring the business entities’ functioning on the basis of sustainable development is proposed.

Suggested Citation

  • Starchenko Grygoriy & Ostrovska Natalia & Garbazhii Kateryna & Kotelevets Dmytro & Nykoniuk Kateryna & Amirkhanian Hrachia, 2024. "Tools of the State Business Support in the Context of Sustainable Development," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 46(1), pages 15-22, March.
    • Handle: RePEc:vrs:mtrbid:v:46:y:2024:i:1:p:15-22:n:2
    DOI: 10.15544/mts.2024.02
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    More about this item

    Keywords

    business; business structure; entrepreneurship; government policy; government regulation; steel development; digitalization;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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