Institutional approach to the study of formation and development of small and medium business infrastructure

The article considers the institutional approach in the study of the formation and development of the infrastructure of small and medium-sized businesses. The authors analyze the role of institutions in shaping the conditions for the development of entrepreneurial activity, and also consider the influence of institutional factors on the efficiency of small and medium-sized businesses. The article presents the results of the study, allowing to draw conclusions about the need to create favorable institutional conditions for the development of small and medium-sized businesses.