STATE FINANCIAL POLICY IN THE SPHERE OF ENTREPRENEURIAL ACTIVITY

Abstract

The article examines the goals, objectives, and instruments of state financial policy in the field of entrepreneurial activity, with an emphasis on legal, institutional, and strategic components. Based on the systematization of scientific approaches (functional, macroeconomic, socio-economic, and integrative), it has been shown that legal certainty, regulatory predictability, and the participation of business and civil society in decision-making are becoming key for modern regulation. The logic of comparing national practices with the foreign experience of the USA, Germany, France, and Japan, which includes a combination of tax incentives, budget support, and public consultation mechanisms, as well as the institutional formalization of public-private dialogue, has been revealed. It has been substantiated that the effectiveness of financial policy for entrepreneurship is determined not only by the volume of resources but also by the quality of administrative procedures, transparency of distribution, and independence of control. A consolidated model of the financial policy structure (goals, principles, directions, instruments, subjects, and regulatory framework) is proposed, ensuring a balance of incentives and fiscal stability. The practical significance of the work lies in recommendations for improving legal regulation, strengthening the responsibility, and expanding the mechanisms for entrepreneurs’ participation in the formation and implementation of financial decisions.