The importance of small business in the economy and the factors constraining its development
https://doi.org/10.20914/2310-1202-2019-3-360-363
Abstract
The small business sector is an integral, objectively necessary element of any developed economic system, without which the economy and society as a whole cannot normally exist and develop. Although the indicator of any developed state is made up by large corporations, and the presence of a powerful economic force (big capital) largely determines the level of scientific, technical and production potential, the real basis of life for countries with a market-based economic system is small enterprises as the most massive, dynamic and flexible form of business life. It is in the small business sector that the majority of national resources are created and circulate, which are the breeding ground for medium and large businesses. High adaptability and mass coverage of almost all areas of the domestic market of the country ensure the sustainability of economic development and contribute to the stability of the political climate.
About the Authors
Y. M. Sokolinskaya
Voronezh State University of Engineering Technologies
Russian Federation
Cand. Sci. (Econ.), associate professor, economic security and financial monitoring department, Revolution Av., 19 Voronezh, 394036, Russia
Russian Federation
Cand. Sci. (Econ.), associate professor, economic security and financial monitoring department, Revolution Av., 19 Voronezh, 394036, Russia
E. A. Kolesnichenko
Tambov State University named after GR. Derzhavin
Dr. Sci. (Econ.), professor, personnel management department, Internatsionalnaya str., 33, Tambov, 392000, Russia
Dr. Sci. (Econ.), professor, personnel management department, Internatsionalnaya str., 33, Tambov, 392000, Russia
K. V. Chekudaev
Voronezh State University of Engineering Technologies
Cand. Sci. (Econ.), associate professor, economic security and financial monitoring department, Revolution Av., 19 Voronezh, 394036, Russia
Cand. Sci. (Econ.), associate professor, economic security and financial monitoring department, Revolution Av., 19 Voronezh, 394036, Russia
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Review
For citations:
Sokolinskaya Y.M., Kolesnichenko E.A., Chekudaev K.V. The importance of small business in the economy and the factors constraining its development. Proceedings of the Voronezh State University of Engineering Technologies. 2019;81(3):360-363. (In Russ.) https://doi.org/10.20914/2310-1202-2019-3-360-363
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