Use of State Support Levers for Small and Medium-Sized Enterprises within the Dynamic Environment
Use of State Support Levers for Small and Medium-Sized Enterprises within the Dynamic Environment

Summary/Abstract: The evolution of theoretical approaches to the definition of the “entrepreneur” and “entrepreneurship” concepts essence was studied. It was established that various risks inherent in entrepreneurship are characterised by the complexity of distinguishing the signs of economy and investment within a turbulent dynamic environment of uncertainty, limited liquidity in a small and medium-sized business. It was determined that in many countries of the world small and medium-sized enterprises enjoy state support through their taxation systems, which necessitates the determination of a fair tax burden and appropriate fair tax bases. The role of small and medium-sized enterprises in ensuring technological progress, eliminating regional imbalances in economic development, achieving socio-political stability in society and strengthening national security was highlighted. The Recommendations of the European Commission on the SME definition in different countries of the world were characterised. The method of SME classifying into independent and dependent was suggested, which will further allow guiding the SME sector activities to ensure stability in society and simultaneously comply with their obligations to manage public finance at all levels.

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