Natural Advantage of Small Business is the Basis of its Development

Orlova Valentina Alexandrovna ()
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Orlova Valentina Alexandrovna: Donetsk National University of Economy and Trade named after M. Tugan-Baranovsky

Business Inform, 2012, issue 11, 75_79

Abstract: In the article identified and characterized the natural advantages of a small business, as the basis of its development. Author substantiated that without a high level of development of small business is impossible to accelerate progress of the national economy. The theoretical concept about small business and its benefits were considered. In this case, the analysis of theoretical studies of the benefits of small businesses showed that they are not always decisive, and their expression requires additional benefits. Found that the most important benefits of small business are the advantages in the field of innovation, importance of which in modern terms is growing. The natural advantages of small business allow him to change the conditions in which it is economic stability; change the cost structure of persistent competitive advantage. This has led to the platoon that such benefits should be considered as a basis for the development of small-scale farming. Proper government support should be aimed to provide full use natural advantages by small business. At the same emphasis should be on their objective advantages, and the manifestation of which should be encouraged In particular, this applies primarily to state support of small business in the development and implementation of innovations.

Keywords: entrepreneurship; small business; government support (search for similar items in EconPapers)
Date: 2012
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