The role of entrepreneurship in the economic development of the region

In the article analyzed the entrepreneurial activities on the territory of the Republic of Bashkortostan, as well as the tendencies of development of small and medium businesses under favourable business climate. The methodology is the analysis of dynamics of development of business entities based on statistical data. It is noted that the formation and development of entrepreneurship in the regions of the Russian Federation is a complex socio-economic phenomenon arising due to deep transformations in the field of sociocultural relations, because changes in the latter interacts with all the key parties, the social life of the people: moral and ethical norms, mentality, spiritual and material values, social norms and economic behavior. Modern entrepreneurship as a factor of economic development of the region needs continued support from the state with the knowledge of essential managerial and regulatory functions of the legislative and Executive power structures in the economy and society. This fact is explainable by the fact that the entity is a specified function consists of continuous improvement activities of power structures, improvement of transmission channels and introduction of achievements of scientific-technical progress in all stages of the multifaceted and complex structure of social production, providing an invaluable contribution of managerial labor in the common cause of improving the efficiency of the economy. Conclusion: in current economic conditions, the region assigns a significant role to subjects of small and medium businesses, which, thanks to its maneuverability, more adapted to the constantly changing market conditions. Applying comprehensive and systematic measures for the formation of a favorable environment, the Republican leadership promotes the competitive capacity of regional enterprises of small and medium business can compete with large companies.