The articles explores the interplay of economic, ethnic and religion-based factors in the historical development of business in Russia. The author provides evidence that the effective coordination of balanced economic interests imposes institutional limitations in the intra- and intergroup preferences in their socio-cultural manifestation. The core of this research is the analysis of the historical evolution of the associated entrepreneurship (business) as a mechanism of the organizational coordination of
intra- and intergroup interests, which are necessary for the mobilization of resources (i.e. intellectual, fi nancial, informational, industrial, etc.) and the innovative development of the economy. The role of the government in the economic life is defi ned as “neutral”, which ensures coordination of the social needs in relation to the market’s institutional and organizational self-regulation process.
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