Impact Analysis of Small Business Support Programs in the Presence of Adverse Selection

Student: Kazinina Polina

Educational Programme: Economics and Statistics (Bachelor)

Year of Graduation: 2020

Small business and individual entrepreneurship are one of the most strategically important frameworks in economy of every country. Nevertheless, entrepreneurship has not got pure equability in the sense of motivation and divides into opportunity-driven entrepreneurs and necessity-driven individuals, in a presence of uncertainty and motivation inequality of small business individuals the regulating economic agent (state or government) deal with adverse selection problem but should be interested in implementing the optimal business support program be able to solve this problem. The aim of this research is to explore motivation drivers of entrepreneurship in Russia (multistage decision model), examine current small business support programs (difference in differences experiment) and identify optimal design of support policy in the presence of imperfect information.

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