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.
Highlights
The experience of many countries around the world shows that small business should be seen as a driver of economic growth (Vial & Hanoteau (2015); Vigliarolo (2020))
Over the past ten years, employment in small business has decreased by almost 16 %, which was caused by the lack of a balanced scientifically sound strategy for small business development and real practical measures for this development
Small business is considered as a driving force and a key resource for economic growth, but in Ukraine the problems of small business entities are still not given due attention, as evidenced by the low level of GDP generated by small business (Government applies prudent food price stabilization policy (2021))
Summary
The experience of many countries around the world shows that small business should be seen as a driver of economic growth (Vial & Hanoteau (2015); Vigliarolo (2020)). Effective development of small business creates the preconditions for solving the problem of employment and ensuring the welfare of the population. The activities and development of small business are more vulnerable to the impact of unpredictable market threats than those of large and medium-sized business entities. As well as the most significant (over 99 % in Ukraine as of 2019) share of small entrepreneurs in the structure of economic entities of the national economy determine the relevance of development of methodological foundations and scientifically sound tools for effective implementation of small business development programs at all levels of management, taking into account the country, regional or sectoral variability of market conditions for doing business. 49 % of all jobs in the country were created by small business entities. Over the past ten years, employment in small business has decreased by almost 16 %, which was caused by the lack of a balanced scientifically sound strategy for small business development and real practical measures for this development
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