Improving the mechanism for financing activities of small businesses in digital economy: in case of the Republic of Karakalpakstan

Abstract

The purpose of the research is development scientific proposals and recommendations for improving the mechanism for financing the activities of small businesses. By author have been identified the features of financing the activities of small businesses, development of methodological bases for assessing the effectiveness of the mechanism for financing small businesses, assessment of the level of efficiency of the mechanism for financing small businesses in the republic. The object of the study is the activity of small businesses in the Republic of Karakalpakstan, and the subject of the study is the economic relations arising from the improvement of mechanisms for financing the activities of small businesses. In preparing the thesis, the methods of analysis and synthesis, scientific abstraction, induction and deduction, statistical grouping and comparison, statistical forecasting, correlation and regression analysis were used. The practical results of the study are having identified the features of financing the activities of small businesses, the directions of their influence on the financing mechanism have been determined, measures were proposed for mutual coordination of the activities of interested and responsible bodies to intensify the processes of financing small businesses and improve the mechanism in the Republic of Karakalpakstan and, scientific and practical proposals have been developed to ensure the participation of small businesses in the financial resources market.