Regional specificities of small business development in Russia
Keywords:
region, small business, economic development.
Abstract
The aim of article is to research specificities of small business development across the Russian Federation regions based on the using of cluster analysis and regression models. In the first step of our study the clustering of regions according indicator of turnover on revenue per small enterprise is conducted. In the second step, the regression models on dependence the revenue turnover per small enterprise from a set of socio-economic determinants and infrastructure were constructed.
The results of the study revealed four groups of regions while the most significant factors positively affect the revenue turnover per one small enterprise are average income per capita, investments in fixed assets per capita, and the total volume of construction. Among the factors negatively affecting the revenue turnover per one small enterprise are number of organizations, conducting educational pre-schooling activity, the share of unprofitable enterprises, depreciation of fixed assets and proportion of motorway with hard surface in the overall length of highways. The results of research may be used in the creation of regional small business development programs.
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References
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Yaluner E., Levitina I., Vetrenko P., Chernysheva E.A.,Voronkova O. Infrastructure for the Support of Entrepreneurship in Saint Petersburg and Leningrad Oblast: Assessments and Projections, International Journal of Civil Engineering and Technology (IJCIET) 9(10), 2018, pp. 1149–1157.
Güven S, Kaymaz T, Kadkoy, Kenanoglu O. (2018): Forced migrants: Labour market integration and entrepreneurship, Economics: The OpenAccess, Open-Assessment E-Journal, ISSN 1864-6042, Kiel Institute for the World Economy (IfW), 12, 2018-32, pp. 1-13.
doi: http://dx.doi.org/10.5018/economics-ejournal.ja.2018-32
Devece, C., Peris-Ortiz, M., & Rueda-Armengot, C. (2016). Entrepreneurship during economic crisis: Success factors and paths to failure. Journal of Business Research, 69(11), 5366–5370. doi:10.1016/j.jbusres.2016.04.139
Doran, J., McCarthy, N., O’Connor M. (2016) Entrepreneurship and employment growth across European regions. Regional Studies, Regional Science, 3(1), 121–128. doi:10.1080/21681376.2015.1135406
Hu, M., Su, Y., & Ye, W. (2019). Promoting or inhibiting: The role of housing price in entrepreneurship. Technological Forecasting and Social Change, 148, 119732. doi:10.1016/j.techfore.2019.119732
Prieger, J. E., Bampoky, C., Blanco, L. R., & Liu, A. (2016). Economic Growth and the Optimal Level of Entrepreneurship. World Development, 82, 95–109.
doi:10.1016/j.worlddev.2016.01.013
Cataldo A., Astudillo CA., Gutierrez-Bahamondes JH. , Gonzalez-Martinez L., McQueen R. (2019) Towards an Integrated Maturity Model of System and E-Business Applications in an Emerging Economy, Journal of theoretical and applied electronic commerce research, 15(2), 1-14, doi: 10.4067/S0718-18762020000200102
Schaefer A., Williams S., Blundel R. (2020) Individual Values and SME, Environmental Engagement, 59 (4), 642-675.
doi: 10.1177/0007650317750134.
Donald DC. (2020) Smart Precision Finance for Small Businesses Funding, European business organization law review, article, early access.
doi: 10.1007/s40804-020-00180-1
Edvardsson I., Durst S., Oskarsson G. (2020) Strategic outsourcing in SMEs, Journal of small business and enterprise development, 27(1), 73-84.
doi: 10.1108/JSBED-09-2019-0322
Amirova E.F., Petrova L.I., Ziuzya E.V., Sleptsov V.V., Krishtaleva T.I., Kuznetsova M.V. Import substitution as an economic incentive mechanism for Russian commodity producers, International Journal of Civil Engineering and Technology. 2019, 10 (2), pp. 926-931.
Litvinenko I.L., Zernova L.E., Kiyanova L.D., KorolkovV.E., Buevich A.P., Protas V.F. (2018) Public-private partnership based clustering in the sphere of innovations. Ponte, 74 (4), pp. 152-162
Kosnikov S.N., Khaibullina I.V., Ignatskaya M.A., Bakharev V.V., Pinchuk V.N. (2017) Characteristic of economic indicators of reproduction of fixed capital. International Journal of Applied Business and Economic Research, 15 (13), pp. 243–253.
Nikitina A.S., Ruchkin A.V., Startseva N.N., Trofimova O.M., Shemetova N.K., Yurchenko N.A. (2019) Municipal services and land relations: problems and prospects for improvement in rural areas of Sverdlovsk region, Russia. International Transaction Journal of Engineering, Management and Applied Sciences and Technologies, 10 (14), 10A14O.
Bunkovsky, D.V. (2013). Investment Project Management: regulation project parameters. Bulletin of Irkutsk State Technical University, 5 (76), pp. 161-163.
Khamkhoeva F. Ya (2018) Improvement of operational analysis as a method of production management. Colloquium-journal, 11-9 (22), pp. 116-120.
Yusupov, K., Grishin, K., Timiryanova, V., &Krasnoselskaya, D. (2019). Spatial patterns of profitable firms’ location: empirical evidence from Russia. Amazonia Investiga, 8(24), 452-463. URL: https://www.amazoniainvestiga.info/index.php/amazonia/article/view/1004
Suvaryan, A. M., Mkrtichyan, N. G. &Manukyan, H. Kh. (2018). Influence of Intermediaries on the Efficiency of Export of Small and Medium Business Production in Developing Countries. Ekonomika regiona [Economy of Region], 14(1), pp. 202-215
Khamzina, D., Goloviznin, S., Nogovitsina, O., Sarapulova, A., Aygumov, T., & Arishina, E. (2019). Methodological issues of financial analysis in oil construction companies. Amazonia Investiga, 8(22), 203-215.
URL: https://www.amazoniainvestiga.info/index.php/amazonia/article/view/306
Published
2020-04-21
How to Cite
Kosnikov, S., Aygumov, T., Khamkhoeva, F., & Krasnoselskaya, D. (2020). Regional specificities of small business development in Russia. Amazonia Investiga, 9(28), 519-527. https://doi.org/10.34069/AI/2020.28.04.56
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