STEPAN ZEMTSOV SPOKE AT THE INTERNATIONAL CONFERENCE OF REGIONAL STUDIES ASSOCIATION

On the 6th of June, Stepan Zemtsov, Senior Researcher of the Gaidar Institute, moderated workshop and presented his own research “Regional entrepreneurial ecosystems in Russia” at the International Conference of Regional studies association in Santiago de Compostela, Spain.
During his presentation, the speaker underlined key factors of entrepreneurship development in Russian regions, i.e. market accessibility and investment risks. Econometric calculations prove that state support does not have any practical influence on the development of small business. According to Stepan Zamtsov,  leading and lagging regions evolved in the last 30 years of market economy.
Stepan Zemtsov presented typology of entrepreneurial ecosystems of Russian regions reflecting the level of development of small and medium sized businesses, their dynamics, institutional conditions and proximity to markets. The most developed  ecosystems with high density and sectoral variety of small and medium sized entrepreneurship (SME) were set up in the regions having access to large consumer markets, assets, low investment risks. These are such regions as Moscow, St. Petersburg, Novosibirsk, Belgorod, Kaliningrad, Samara regions, Tatarstan, etc. Developed ecosystems with industrial clusters evolved close to major metropolitan agglomerations in Kaluga, Tula, Leningrad, Tomsk regions.
SME sector is least developed across territories experiencing high business costs: North Caucasus, Far East and the Arctic zone, presenting a demand for special state policy measuresthe . Objective regularities of the country's natural economic system can be traced along the axes: north - south, west - east, center and periphery, etc. Therefore, according to Stepan Zemtsov, it will not be always possible to overcome constraints in the development of SME by improving institutional conditions or state support measures. He said that research confirms the necessity to organize differentiated regional policy in the development of entrepreneurship.

Presentation