DEVELOPMENT OF SYSTEM OF SMALL BUSINESSES IN THE ARCTIC
The article offers the model of a system of small businesses consisting of two main subsystems: subject-object and supporting. The subject-object subsystem consists of agents, targets, objects and functions. The supporting subsystem reveals the possibilities of the subject-object subsystem development and includes institutional infrastructure and small businesses support infrastructure. The work identifies specific factors of the external environment of small Arctic entrepreneurship and the results of their influence on the system, priority directions of development of small business in the Arctic. The essence and level of development of small Arctic entrepreneurship through the manifestation of its functions, has been revealed. The conclusion is made about the possibility of application of the model proposed by the authors for working out the trends of sustainable development of the system of small Arctic enterprises.