Small and medium businesses potential in the development of the sector of economy (on the Republic Sakha example (Yakutia))

Abstract

The article reveals the potential possibilities of small and medium-sized businesses to develop some sectors of the economy (by the example of the Republic of Sakha Yakutia) as well as the abilities of the businesses to make prompt decisions under non-standard economic conditions of the northern territories. The role of small and medium-sized businesses as the subjects of the economy increases in the northern areas in connection with implementation of the republican target program «Development of business and tourism in the Sakha (Yakutia) Republic in 2009 – 2011».