@article{MAKHILLIBM201711627251,
    title = {Service Industry in the Modern Model of Market Infrastructure
Performance: Development Principles, Factors and Issues},
    journal = {International Business Management},
    volume = {11},
    number = {6},
    pages = {1405-1411},
    year = {2017},
    issn = {1993-5250},
    doi = {ibm.2017.1405.1411},
    url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2017.1405.1411},
    author = {Alexander,Elena I.,Viktoriya,Natalia,Gennady N. and},
    keywords = {Service industry,service market of the Russian Federation,market infrastructure,regional service,market,`emergence of organizations,undertaken},
    abstract = {The Russian Federation service industry (based on Belgorod Region as an example) and its
development principles, factors and issues are considered. The position of service market in economic system
is explained. The researcher’s vision of the "market services" and "market infrastructure" concepts and
stepwise service market development are presented. The researchers highlighted current trends of the Russian
Federation service market development: emergence of new types of services; separation of certain types of
services in the sub-types; creation of several integrated services; emergence of organizations involved in
designing certain types of services; infrastructure modernization. Factors impeding the development of trade
in services, principles of service development in the regional market infrastructure and competitiveness
indicators of the regional service market are clarified. The model of regional market infrastructure performance
and organizational model of governance body interaction to promote regional service market development are
designed. The study undertaken has proven that efficient use of the service market governance organizational
and economic mechanism tools has a positive effect on regional economic situation.}
    }