Family Entrepreneurship: Legal Regulation and Government Support

Family entrepreneurship is a legal concept with a very flexible content, the flexibility of which is explained by the difficulty of determining the boundaries of the family itself. As part of the legal categorical apparatus, family entrepreneurship can be used as a means of additional influence on the sphere of human value. It is not required to legislatively consolidate the meaning of the concept, namely, to turn it at the level of federal laws into a legal term with a well-defined content. Affirmative government stimulation of family entrepreneurship by creating broad preferences can have negative consequences associated with abuse, including disguising the business as family. To support family entrepreneurship, it is preferable to use the legal model of a public competition held according to criteria determined by regional authorities. At the federal level, it is advisable to form a foundation to support family business that would participate in financing competitions and their holding in collaboration with the regional authorities. A more thorough approach requiring wider public discussion is also possible: in the context of the crisis of the institution of the family and aggravating demographic problems, an institution based on the federal law of the Family Foundation could become an important institutional prerequisite for finding ways to solve them. The organization of competitions for family businesses could become one of the main activities of such a foundation.

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