3. Dar’ya A. Vladimirskaya, Mariya V. Kutepova,

Specifics of Development of Business in the Arctic Zone of the Russian Federation

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Dar’ya A. Vladimirskaya
Associate Professor of St. Petersburg University of Management Technologies and Economics, Ph.D. in Economics
Lermontovskiy Ave 44/A, St. Petersburg, Russian Federation, 190103
Mariya V. Kutepova
Postgraduate Student of St. Petersburg State University оf Economics
Sadovaya Str. 21, St. Petersburg, Russian Federation, 191023
Vladimir A. Plotnikov
Professor of St. Petersburg State University оf Economics, Doctor of Economics, Professor
Sadovaya Str. 21, St. Petersburg, Russian Federation, 191023

The presented study examines the specifics of business activity in the Arctic zone of the Russian Federation and on this basis identifies the specific aspects of Arctic entrepreneurship and tools for facilitating and supporting its development within the framework of implementation of government economic regulation measures.
Aim. The study aims to identify and describe the specific aspects of entrepreneurial activity in the constituent regions of the Arctic zone of the Russian Federation.
Tasks. The authors determine and describe factors that affect business activity in the Arctic zone of the Russian Federation; provide their expert assessment and identify their effects on entrepreneurial activity in the region; provide guidelines on making allowance for the northern specifics in the government policy for supporting and facilitating entrepreneurship.
Methods. This study uses the methodology of the institutional approach to examining economic phenomena and processes as well as specific methods of regional economic analysis, structural, systems, and comparative analysis, qualimetry, and economic forecasting.
Results. It is established that entrepreneurship in the Arctic zone of the Russian Federation has a distinctive nature determined by natural, climatic, statutory, regulatory, structural, economic, demographic, resource, and other factors. The current government policy for supporting and facilitating entrepreneurship does not make due allowance for this distinctiveness, thus reducing its own efficiency. The corresponding tools of government regulation need to be specified and developed, particularly based on the foreign experience of regulating business activities in northern territories. In this regard, the authors propose measures aimed at improving control over the development of Arctic entrepreneurship in Russia.
Conclusion. The conducted study establishes that entrepreneurship in the Arctic macroregion has a number of significant differences that should be taken into account in its regulation. The program- and goal-oriented approach should serve as the methodological basis for the regulation of entrepreneurship in the Arctic zone of the Russian Federation.

Keywords: Government economic regulation, Arctic zone of the Russian Federation, entrepreneurial activity, entrepreneurship, economic policy

Citation: Vladimirskaya D. A., Kutepova M. V., Plotnikov V. A. Spetsifika razvitiya predprinimatel’stva v Arkticheskoy zone Rossiyskoy Federatsii [Specific Aspects of Development of Entrepreneurship in the Arctic Zone of the Russian Federation]. Ekonomika i Upravlenie, 2018, no. 9 (155), pp. 16–23.

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