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THE ESSENCE OF SMALL BUSINESSES IN ASSESSMENT OF THE EFFICIENCY OF THE REGIONAL DEVELOPMENT

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PDF: Author(s): Ishchenko T. L., Pavliv A. I.,
Number of journal: 2(55) Date: May 2021
Annotation:

The article presents an analysis in defining the essence of
small business from a methodological point of view of qualitative
and quantitative approaches. The positions of various authors
are studied and the analytical interpretations and definitions of
small business and entrepreneurship presented by them are analyzed.
The general features and differences of qualitative and
quantitative assessments in the methods of various authors are
highlighted. The possibility of identifying the concepts of small
business and small entrepreneurship in the legislative framework
is considered. The essence of the problematic in the definition and
significance of the solution of the issue is considered, the main
qualitative and quantitative indicators that affect the essence of
the definition are highlighted and the main tools for interpreting
the concepts are indicated. The work emphasizes the objectivity
of further increasing the potential of entrepreneurship, including
the personal interest of the owner of the capital and their personal
labor participation in the production process, which, of
course, makes it possible to increase the efficiency of small businesses.
The social orientation of small business and the influence
of its management structure on the development of the region are
shown. The main problems are considered and possible directions
for enhancing the development of the regions of the Russian
Federation through the support of small business are identified,
along with possible tools created by the state to solve the problem
of import substitution, as the main factor of the country’s food
security, are studied, which is especially important in the current
external economic conditions. In accordance with the problems
posed, a range of important activities has been identified that
will help to enhance entrepreneurial activity and will contribute
to the launch of the project financing mechanism. For further
progressive development, an instrument has been identified for
attracting additional financial resources into circulation, in accordance with which mechanisms have been proposed to increase
the availability of attracting additional credit resources for small
businesses. The tool for attracting additional credit resources is
highlighted as one of the most significant in solving the problems
under consideration.

Keywords:

small business, entrepreneurial activity, development tools, analysis, import substitution, government support, fund, program, development, investment, efficiency.

For citation:

Ishchenko T. L., Pavliv A. I. The essence of small businesses in assessment of the efficiency of the regional development. Business. Education. Law, 2021, no. 2, pp. 146—150. DOI: 10.25683/VOLBI.2021.55.264.