Abstract. The article is devoted to the theoretical and legal aspects of licensing in the context of extending the dispositive principles of the administrative-legal regulation of the Russian economy. The author examines the prospects of licensing as a method of administrative-legal regulation, which together with other alternative methods must become not only a limiting factor but also a stimulus of entrepreneurial, economic activity promoting the innovative progressive development of the Russian economy.
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Key words and phrases: лицензирование, административно-правовое регулирование, модернизация, правоограничение, правовой стимул, licensing, administrative-legal regulation, modernization, restriction of rights, legal stimulus
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