The Main Directions of Impact of Regional Authorities on the Formation of a Favorable Business Environment for Entrepreneurship

The article identifies the main institutional constraints that hinder the realization of the potential of entrepreneurship in the regions of the Republic of Belarus, among which are: the lack of a property component of enterprises; restrictions associated with obtaining credit funds; relatively high entry costs for start-up SMEs; lack of personnel; problems related to the promotion of goods and products (including services); insufficient attention on the part of local self-government bodies of the Republic to the development of entrepreneurship. Based on the analysis, the authors proposed a scheme for the formation of the business environment for entrepreneurship in the Republic of Bashkortostan.