Areas of small business development in Ukraine in the conditions of European integration

Kazimierz Pajak, Viacheslav Volik (), Iryna Slovska, Yuliia Lushchyk and Hanna Tsyhanok
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Kazimierz Pajak: Institute for International Cooperation Development, Poland
Viacheslav Volik: Mariupol State University, Ukraine
Iryna Slovska: National University of Water and Environmental Engineering, Ukraine
Yuliia Lushchyk: Sumy National Agrarian University, Ukraine
Hanna Tsyhanok: Sumy National Agrarian University, Ukraine

Entrepreneurship and Sustainability Issues, 2021, vol. 8, issue 4, 730-741

Abstract: The relevance of the subject of this study is due to the situation and negative trends in Ukrainian small business, the importance and number of this type of business entities, and institutional constraints on business activities, which requires increasing its effectiveness and efficiency through sustainable development. The purpose of the paper is to develop theoretical-methodological foundations, scientific-methodical and practical recommendations for the development of small business in Ukraine. To obtain specific scientific results both general scientific and specific methods of study were used: a complex of economic-statistical and economic-mathematical methods of analysis and modeling. The state and tendencies of development of national small business were analyzed. Based on the obtained results the comparative analysis of specifics of small business in Ukraine was carried out. The strategic priorities of small business development of Ukraine were substantiated, which observance will promote growth of national economy and will allow to clearly identify necessary areas of support for small business entities in the course of development and implementation of programs of development of small business at various levels of management. The basis for the development of national and regional strategies for small business development should be not only regulatory and legal support, but also previous positive experience, in particular, on the implementation of strategic projects for small business development in leading European countries, regions and separate cities. The fact that in Ukraine small business is not yet given due attention, there is no clear concept and in fact the declared strategy of its development is not implemented, proves the need to develop small business and reflect this in the development of a strategy.

Keywords: small business; strategy; institutional constraints; development (search for similar items in EconPapers)
JEL-codes: K22 L21 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:8:y:2021:i:4:p:730-741

DOI: 10.9770/jesi.2021.8.4(45)

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