Subregional Assymetry in the Development of Micro-Enterprises

Ludmila Serova and Yya Yu. Churakova

No 8704, Conference Papers from Graduate School of Management, St. Petersburg State University

Abstract: Modern economy gives specific challenges to every business unit, but for micro enterprises impossibility to overcome them may lead to disappearance. Transition economies sufficiently increase the role of small and micro enterprises because of the ability to respond to the systemic shock and generate jobs and income at the time when the large firm sector was undergoing a rapid decline. Micro-enterprises create favorable conditions for Russian sub-regional economic growth: they develop competitive environment, enlarge consumer sector and find a better use of local raw materials. The current study combines typology task with territory potential use analysis and the main objective of the study is Russian sub-regional differences analysis in micro-enterprises population development. The purpose of this research is to examine the national business environment on a regional basis, as well as to identify factors that determine the economic viability of different regions.

Keywords: modern economy; microenterprises; SMEs; entrepreneurship; distribution intensity; business demography; Russia; regional economy (search for similar items in EconPapers)
Date: 2016
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