Vol. 1 No. 01 (2025), Articles
Vol. 1 No. 01 (2025)

MEASURES OF STATE SUPPORT FOR SMALL AND MEDIUM-SIZED BUSINESSES IN THE EUROPEAN UNION

Articles
Published 2025-05-02
Sharifkhodjayev Shavkat Oqilovich
Department of International Economics, World Economy, and Diplomacy University, Professor
Bakhtiyorova Maftuna Bakhrom qizi
Master’s student of the group
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Keywords

small entrepreneurship (SE); SE criteria; state support directions; state regulation methods; bank crediting; foreign investments; credit programs; high-quality SE; franchising; branding.

How to Cite

Shavkat Oqilovich, S., & Maftuna Bakhrom qizi, B. (2025). MEASURES OF STATE SUPPORT FOR SMALL AND MEDIUM-SIZED BUSINESSES IN THE EUROPEAN UNION. Advances in Science and Sustainability, 1(01), 3–6. https://doi.org/10.70728/susta.v01.i01.001
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Abstract

This article considers the field of small and medium-sized entrepreneurship as an important part of the economic system. It fulfills not only business functions but also social functions. The article highlights the transformational stages of development of small and medium-sized businesses in the European Union, the motivation behind the emergence of SMEs, the conditions for the formation of a multi-sectoral economy, as well as an effective institutional environment for its development and favourable alternative ways to start a business.

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References

Ahmad, Y., & Khan, M. R. (2023). How business strategy drives human resource practices in small and medium enterprises? Evidence from Pakistani auto parts industry. International Journal of Organizational Analysis.

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