Russia's small and medium-sized enterpreneurship in times of crises

Vera Barinova, Stepan Zemtsov, Kseniya Demidova and Pavel Levakov ()
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Kseniya Demidova: RANEPA

Research Paper Series, 2023, issue 183P, 112

Abstract: The development of entrepreneurship depends on many factors, and traditionally the quality of business environment is assessed within the framework of ratings.However, it is not clear whether there is actually a relationship between the business environment and entrepreneurship development. The paper analyzed empirical studies describing this relationship and analyzed the relationship between countries' positions in international rankings and entrepreneurship development indicators based on three key rankings.In addition, the study determined how market potential, formal institutions, taxes, access to finance, regional policy instruments and digitalization affect the survival rate of small and medium-sized enterprises (SMEs), analyzed the dynamics of the main indicators of SME development in Russia to assess the impact of the development of the SME sector in Russia.

Keywords: Russian economy; small and medium-sized enterprises; international ratings; SMEs development; time of crisis (search for similar items in EconPapers)
JEL-codes: F14 F68 L8 (search for similar items in EconPapers)
Date: 2023
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