Assessing Factors of Small Business Development in Subjects of the Russian Federation

  • Elena SHAMALOVA Department of Economics and Management, I.M. Sechenov First Moscow State Medical University, Moscow, Russian Federation
  • Elena KOSTROMIN Higher School of Business, Management and Law Russian State University of Tourism and Service, Moscow, Russian Federation
  • Anton Evgenievich POLYAKOV Department ‘The customs right and the organization of customs affairs’, Legal institute of Russian University of Transport (RUT - MIIT), Moscow, Russian Federation
  • Veronika Sergeevna NOVIKOVA Department ‘Advertising and Human Resources’, Moscow Witte University, Moscow, Russian Federation
  • Alexander MUKHOV JSC ‘Hilti distribution LTD’, Moscow, Russian Federation
DOI: https://doi.org/10.14505/jarle.v11.2(48).28

Abstract

This study is dedicated to assessing the factors of entrepreneurship that contribute or impede the development of small business in the regions.


The study aims at displaying the factors of entrepreneurship in Russia through statistical indicators and determining their impact on the development of small enterprises in the regions with different conditions and development.


At the first stage of the study, two groups of regions with the most favorable and unfavorable conditions for the development of small business were identified by using the multivariate comparative analysis.


At the second stage, the entrepreneurship factors in the form of statistical indicators were divided into four groups: political, economic, socio-cultural, and technological-innovative. Using the correlation analysis, the factors that had the strongest impact on the development of small business in the regions were determined. These factors were compared to the results of monitoring the entrepreneurship in world countries and Russia. The difference between the results of the statistical analysis and the results of the entrepreneurs’ surveys has been revealed.


During the study it has been determined that depending on a region and its development, one and the same factor of entrepreneurship can influence small businesses in different ways.


It has also been substantiated that it is impossible to correctly compile a general list of entrepreneurship factors for the Russian regions. It is necessary to monitor the opinions of entrepreneurs and carry out the statistical analysis of factors for each group of regions that are similar in their development.


The conclusions of the study can be used as theoretical basis for studying the problems of developing small business in the regions.

References

[1] Acs, Z.J., Stam, E., Audretsch, D.B., and O’Connor, A. 2017. The lineages of the entrepreneurial ecosystem approach. Small Business Economics 49(1): 1–10.
[2] Bishimbayeva, S.K., Nurasheva, K.K., and Nurmukhanbetova, A.A. 2017. Models of Innovation Development: Measurement Indicators and their Interaction (a Case Study of Kazakhstan). Journal of Advanced Research in Law and Economics 8(8(30)): 2361-2372.
[3] Colombo, M.G., Dagnino, G.B., Lehmann, E.E., and Salmador, M.P. 2019. The governance of entrepreneurial ecosystems. Small Business Economics 52(2): 419–428.
[4] Firova, I.P., et al. 2019. Managerial innovation for small and medium enterprises. Revista Espacios 40(32): 27.
[5] GEM 2015/16 Global Report. Research of GEM (Global Entrepreneurship Monitor). 2016. http://www.gemconsortium.org/report/49480.
[6] Jukova, E.E., et al. 2019. Planning a New Business: Typical Mistakes of a Business Plan in the Service Sector. Journal of Environmental Management and Tourism 10(2(34)): 441-447.
[7] Karpenko, N.V. 2018. Ekonometrika. Analiz i prognozirovaniye vremennogo ryada [Econometrics. Time series analysis and forecasting]: Textbook. Moscow: RUTH (MIIT), 132 pp.
[8] Khamitkhan, N., Bakhyt, E., and Karshalova, A. 2018. Developing Internet Banking within the Context of Building a Bank’s Competitive Advantage. Journal of Advanced Research in Law and Economics 9(4(34)): 1286-1291.
[9] Kurochkina, A.A., Voronkova, O.V., Lukina, O.V., and Bikezina, T.V. 2019. Management features of small and medium-sized business enterprises. Revista Espacios 40(34): 6.
[10] Larsson, J.P., and Thulin, Per. 2019. Independent by necessity? The life satisfaction of necessity and opportunity entrepreneurs in 70 countries. Small Bus Econ 53: 921–934.
[11] Poslaniye Prezidenta RF Federalnomu Sobraniyuot 01.03.2018 [Message of the President of the Russian Federation to the Federal Assembly dated 01.03.2018].
[12] Prilozheniye k dokladu Prezidentu RF- 2015. Prilozheniye k dokladu Prezidentu RF- 2015. Otsenka faktorov, vliyayushchikh na razvitiye biznesa (rezultaty sotsiologicheskogo oprosa podgotovlennogo sovmestno s VTSIOM) [Appendix to the report to the President of the Russian Federation – 2015. Assessment of factors influencing business development (results of the sociological survey prepared jointly with VTsIOM)]. http://doklad.ombudsmanbiz.ru/pdf/2015_vciom.pdf.
[13] Regent, T.M., et al. 2019. Improvement of Strategic Management of a Tourism Enterprise in the International Market. Journal of Environmental Management and Tourism 10(2(34)): 427-432.
[14] Shamalova, E.V. 2017. Upravleniye protsessami strukturizatsii ekonomiki regiona posredstvom razvitiya malogo biznesa [Management of structuring the regional economy by developing small business]. Azimuth of Scientific Research: Economics and Management 6(4(21)): 275–278.
[15] Spigel, B. 2017. The relational organization of entrepreneurial ecosystems. Entrepreneurship Theory and Practice 41: 49–72.
[16] Stam, E. 2015. Entrepreneurial ecosystems and regional policy: a sympathetic critique. European Planning Studies 23(9): 1759–1769.
[17] Titov, B. 2018. Sektor malogo i srednego predprinimatelstva: Rossiya i mir [Sector of small and medium-sized enterprises: Russia and the World]. Stolypin Growth Economy Institute. http://stolypin.institute/novosti/sektor-malogo-i-srednego-predprinimatelstva-rossiya-i-mir/.
[18] Toivanen, S., et al. 2019. Hospitalization due to stroke and myocardial infarction in self-employed individuals and small business owners compared with paid employees in Sweden - a 5-year study. Small Bus Econ 53:343–354.
[19] Verkhovskaya, O.R., et al. 2018. Natsionalny otchet ‘Globalny monitoring predprinimatelstva’. Rossiya 2016/2017 [National report ‘Global monitoring of entrepreneurship. Russia 2016/2017]. https://gsom.spbu.ru/files/docs/gem_russia_2016-2017.pdf.
[20] Yushchenko, A.L. 2016. Faktory razvitiya predprinimatelstva [Factors of entrepreneurship development]. Economics and Management of Innovative Technologies 9, http://ekonomika.snauka.ru/2016/09/12459.
Published
2020-03-31
How to Cite
SHAMALOVA, Elena et al. Assessing Factors of Small Business Development in Subjects of the Russian Federation. Journal of Advanced Research in Law and Economics, [S.l.], v. 11, n. 2, p. 574 – 585, mar. 2020. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/5124>. Date accessed: 21 dec. 2024. doi: https://doi.org/10.14505/jarle.v11.2(48).28.
Citation Formats
Issue
Vol 11 No 2 (2020): JARLE Volume XI Issue 2(48) Spring 2020
Section
Articles

The Copyright Transfer Form to ASERS Publishing (The Publisher)
This form refers to the manuscript, which an author(s) was accepted for publication and was signed by all the authors.
The undersigned Author(s) of the above-mentioned Paper here transfer any and all copyright-rights in and to The Paper to The Publisher. The Author(s) warrants that The Paper is based on their original work and that the undersigned has the power and authority to make and execute this assignment. It is the author's responsibility to obtain written permission to quote material that has been previously published in any form. The Publisher recognizes the retained rights noted below and grants to the above authors and employers for whom the work performed royalty-free permission to reuse their materials below. Authors may reuse all or portions of the above Paper in other works, excepting the publication of the paper in the same form. Authors may reproduce or authorize others to reproduce the above Paper for the Author's personal use or for internal company use, provided that the source and The Publisher copyright notice are mentioned, that the copies are not used in any way that implies The Publisher endorsement of a product or service of an employer, and that the copies are not offered for sale as such. Authors are permitted to grant third party requests for reprinting, republishing or other types of reuse. The Authors may make limited distribution of all or portions of the above Paper prior to publication if they inform The Publisher of the nature and extent of such limited distribution prior there to. Authors retain all proprietary rights in any process, procedure, or article of manufacture described in The Paper. This agreement becomes null and void if and only if the above paper is not accepted and published by The Publisher, or is with drawn by the author(s) before acceptance by the Publisher.