Analysis of the development of small and medium-sized enterprises in the system of investment support factors attractiveness of the regions.

Relevance. Small and medium-sized enterprises are among the most important structural elements of national and regional economic systems, the peculiarity of which is the formation of significant development potential with an optimal combination of financial, labor, and material resources, and the ability to quickly adapt to macroeconomic conditions. Therefore, conducting analytical research in order to identify the factors of their activation is the most important task of economic analysis of regional development, which results in the formation of a set of structured actions to improve the effectiveness of investment development. The purpose of the study is the need to develop methodological provisions for analyzing the role of business entities in the system of conditions for the investment attractiveness of individual territories. Objectives: to consider the approaches of domestic scientists to identify factors for ensuring the investment attractiveness of regions; to analyze the development of the small and medium-sized business sector and to develop methodological guidelines for assessing the role of small and medium-sized businesses in ensuring the investment attractiveness of the regional economy. Methodology. The analytical research used methods of trend, horizontal and comparative analysis, logical analysis, general scientific research methods (deduction and induction), methods of forecasting indicators. Results. The factors determining the dynamics of the functioning of the small and medium-sized business sector are systematized, and a methodological approach to studying the impact of the business sector on the level of investment attractiveness of regions is proposed. Results. The factors determining the dynamics of the functioning of the small and medium-sized business sector are systematized, and a methodological approach to studying the impact of the business sector on the level of investment attractiveness of regions is proposed. Conclusions. The analysis of the factors determining the trends of small and medium-sized enterprises to ensure the investment attractiveness of regions is the basis for analyzing the effectiveness of regional development programs. The study of trends in the development of the business sector by region allows us to subsequently develop reserves to increase the investment attractiveness of the subjects.

1. Dolganova Ya.A., Rudenko M.N. Sustainable development of regions as a basis for the formation of an economic security system. Izvestiya Sankt-Peterburgskogo gosudarstvennogo ekonomicheskogo universiteta = Proceedings of the St. Petersburg State University of Economics. 2023;(6-1):99-106. (In Russ.)

2. Daniali S., Rodionov D.G. Stability and resilience of modern socio-economic systems: the genesis of methodological approaches. Estestvenno-gumanitarnye issledovaniya = Natural Sciences and Humanities Research. 2023;(6):168-173. (In Russ.)

3. Lopatina N.D., Bessonova E.A. Mechanisms for the formation of an equilibrium socio-economic development of the economy of the Kursk region based on project management in the context of modern challenges. Mezhdunarodnyi nauchno-issledovatel'skii zhurnal = International Scientific Research Journal. 2023;(4):1-5. (In Russ.)

4. Golikova G.V., Golovina T.A., Zagornaya T.O., Vasiliev N.A. Directions and instruments of investment development management in the region. Regional'naya ekonomika: teoriya i praktika = Regional Economics: Theory and Practice. 2024;22(11):2096-2111. (In Russ.)

5. Polyanin A.V., Rodionov D.G. Methodological aspects of regional economic policy based on the orientation of business structures. Regional'naya i otraslevaya ekonomika = Regional and Sectoral Economics. 2024;(1):67-73. (In Russ.)

6. Rudskaya I.A. Modeling the effectiveness assessment of the regional innovation system of Russia. Innovatsii = Innovations. 2017;(10):40-45. (In Russ.)

7. Golikova G.V., Golikova N.V., Manukovsky D.S., Ali Sarbaz Aziz Ali. Regional investment development management model: conceptual and methodological aspects. Izvestiya Yugo-Zapadnogo gosudarstvennogo universiteta. Seriya: Ekonomika. Sotsiologiya. Menedzhment = Proceedings of the Southwest State University. Series: Economics, Sociology and Management. 2023;13(1):83-101. (In Russ.)

8. Blank I.A. Investment management: monograph. Kiev: ITEM Ltd, Yunaited London Treid Limited; 1995. 448 p. (In Russ.)

9. Rodionov D.G., Eremina I.A., Zolotarev T.V., Malinin A.M. Benchmarking as a tool for shaping innovation activity in the region. Vestnik Akademii znanii = Bulletin of the Academy of Sciences. 2024;(2):361-367. (In Russ.)

10. Rodionov D.G., Rudskaya I.A., Gorovoy A.A. On the issue of methodologies for managing regional investment activities. Vestnik Leningradskogo gosudarstvennogo universiteta im. A.S. Pushkina = Bulletin of the Leningrad State University named after A.S. Pushkin. 2021;6(4):64-72. (In Russ.)

11. Belokur A.A. The economic essence of the investment attractiveness of the region. Ekonomika i sotsium = Economics and Society. 2017;(3):294-297. (In Russ.)

12. Mogzoev A.M. Economic development of East Asian countries and the investment model of the Russian region. Moscow: Nauka; 2004. 316 p. (In Russ.)

13. Myakshin V.N. Methodology of forming a strategy to increase the investment attractiveness of the region. Regional'naya ekonomika: teoriya i praktika = Regional Economics: Theory and Practice. 2013;(28):46-55. (In Russ.)

14. Myakshin V.N. Factors of investment attractiveness of the region and their assessment. Regional'naya ekonomika: teoriya i praktika = Regional Economics: Theory and Practice. 2014;(14):23-33. (In Russ.)

15. Velgosh N.Z., Sivash O.S., Zmyak S.S. Investment attractiveness as a factor of dynamic development of the region. Uchenye zapiski Krymskogo federal'nogo universiteta imeni V. I. Vernadskogo. Ekonomika i upravlenie = Scientific Notes of the V. I. Vernadsky Crimean Federal University. Economics and Management. 2021;7(4):3-12. (In Russ.)

16. Golova I.M. Ecosystem approach to innovation process management in Russian regions. Ekonomika regiona = The Economy of the Region. 2021;17(4):1346-1360. (In Russ.)

17. Golovina T.A., Avdeeva I.L. State management of sustainable development of economic systems. Srednerusskii vestnik obshchestvennykh nauk = Central Russian Bulletin of Social Sciences. 2024;19(6):111-129. (In Russ.)

18. Avdeeva I.L. Methodology of strategic change management in the context of modern challenges and opportunities of the economy. Srednerusskii vestnik obshchestvennykh nauk = Srednerusskiy Vestnik of Social Sciences. 2022;17(1):186-201. (In Russ.)

19. Bobrova E.A., Sotnikova E.A. Development of small and medium-sized businesses at the regional level: managerial and financial instruments. Srednerusskii vestnik obshchestvennykh nauk = Central Russian Bulletin of Social Sciences. 2023;18(4):178-200. (In Russ.)

20. Polbitsyn S.N. The role of entrepreneurship in the sustainable development of rural territories in Russia. Ekonomika regiona = The Economy of the Region. 2021;17(2):619-631. (In Russ.) https://doi.org/10.17059/ekon.reg.2021-2-19

21. Lavrikova Yu.G., Andreeva E.L., Ratner A.V. Classification of factors of development of the region's foreign economic activity in the context of global challenges. Ekonomika regiona = Economy of the Region. 2021;17(2):688-712. (In Russ.) https:// doi.org/10.17059/ekon.reg.2021-2-24

22. Polyanin A.V. Methodological approaches to choosing directions for the development of entrepreneurship in the framework of regional economic policy. Vestnik Akademii znanii = Bulletin of the Academy of Knowledge. 2024;(2):341-345. (In Russ.)

23. Investment attractiveness of regions: castling of positions in new conditions. Expert. (In Russ.) Available at: https://raexpert.ru/researches/regions/invest_regions_2023/ (accessed 17.01.2025).