Institute of entrepreneurship as a tool for economic development

Abstract

Purpose of the article. The article is devoted to the role of entrepreneurship in the economic development of the country. Materials and methods. Approaches to the definition of the concept of entrepreneurship and the institution of entrepreneurship are considered, the special creative and subjective nature of entrepreneurial activity is emphasized. Results. The distinctive features of entrepreneurial activity are characterized, a scheme is proposed that reflects the structure of economic factors of profit arising because of entrepreneurial activity. The system of conditions for the development of entrepreneurial structures is analyzed, which reflects the role of the state in entrepreneurial activity. The concept of state entrepreneurship and its main characteristics are considered. Conclusion. The conclusion is drawn that the institution of entrepreneurship contributes to the formation of a market structure of the national and regional economy.