The Role and Place of the Crisis Traps in the Development of the Small Business of the Forest Sector in the Russian Economy

E.A. Panyavina, M.B. Chirkova, S.G. Cheglakova and V.V. Pankov

European Research Studies Journal, 2017, vol. XX, issue 3B, 480-489

Abstract: The article identifies the role and place of crisis traps in the development of the small business of the forest sector in the Russian Economy through the life cycle stages – origination stage (crisis innovative trap), formation stage (crisis organizing trap), growth stage (crisis financial trap), maturity stage (crisis marketing trap). The emergence of crisis traps is connected with specific features of small forestry business development and functioning. Sustainable small forest business development depends on management actions on minimization and overcoming crisis manifestations. It is proved that it is possible to avoid the threat of falling into crisis traps, the crisis symptoms emergence, situations and processes in the small forestry business development due to forming program of the management actions and organizational tools to perform it.

Keywords: Small business; development; forestry; crisis trap (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://ersj.eu/dmdocuments/2017-xx-3-b-44.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xx:y:2017:i:3b:p:480-489

Access Statistics for this article

More articles in European Research Studies Journal from European Research Studies Journal
Bibliographic data for series maintained by Marios Agiomavritis ().