Trends in Enterprise Development Influenced by Global Economic Integration

Abstract

This study focuses on examining the trends in enterprise development in the context of deeper integration of the global economic system. Aim. This study aims to determine the parameters and trends of entrepreneurial development under current geopolitical conditions based on the traditional management research methods. Tasks. Monitoring of economic indicators and their dynamic pattern in the context of changing internal and external environment allows regional authorities to develop and implement a business support program in order to resolve socio-economic problems and give the Russian economic model a competitive edge in the long term. At this stage, it is vital to clearly define the proportions of public enterprises and private companies in terms of their potential capabilities of producing revenue for regional budgets. Methods. This study uses general methods of scientific cognition to examine trends associated with the current state and development of enterprises under the modern conditions of integration in various aspects. Results. Under modern condition, Russia needs to develop tools for enterprise support at a regional level as they create a competitive environment in the real sector, providing a solution to the socio-economic problems of the region. The selection of priority directions in the regional model of economic growth makes it possible to distribute investment flows across the most promising segments in terms of producing revenue for the regional budget. Conclusion The production process associated with the entrepreneurial activity must constantly consider the existing and potential risks. Therefore, the management system should keep track of the emerging risk situations and limitations that affect the entrepreneur’s profit. The modern geopolitical conditions make it necessary to create conditions for the support and development of entrepreneurial activity in the real sector of the Russian economy.