Entrepreneurship Development Research Articles

РОЛЬ ТЕРРИТОРИАЛЬНО-ЭКОЛОГИЧЕСКИХ ФАКТОРОВ В ФОРМИРОВАНИИ ПРЕДПРИНИМАТЕЛЬСКИХ ИНИЦИАТИВ МОЛОДЕЖИ

The article is devoted to the study of the influence of territorial and environmental factors on the implementation of entrepreneurial intentions of young people in the regions of Russia. The relevance of the study is related to the need to identify key stop factors limiting the development of youth entrepreneurship in modern Russia. These factors are related both to the territorial and environmental characteristics of Russian regions, as well as to the insufficiently clearly structured system of support for youth entrepreneurship entities and the underdevelopment of the regulatory framework for regulating youth entrepreneurship in general. In connection with the above, the purpose of this article is to analyze the impact of various factors on the implementation of entrepreneurial initiatives of Russian youth in the regions of Russia.

ОСНОВНІ ТЕНДЕНЦІЇ СОЦІАЛЬНО-ПРАВОВИХ ПРОБЛЕМ РОЗВИТКУ СОЦІАЛЬНОГО ПІДПРИЄМНИЦТВА В УКРАЇНІ

The article is devoted to the formulation and substantiation of consistently interconnected theoretical conclusions regarding the main trends of social and legal problems of social entrepreneurship in Ukraine and ways of supporting the development and promotion of social entrepreneurship in Ukraine. It is noted that the current challenges of Ukrainian society, such as war and internally displaced persons, create even more grounds for strengthening social enterprises, and social entrepreneurship itself can be an effective form of such assistance. The study focuses attention on general legal problems associated with insufficient level of entrepreneurial activity, on the shortcomings of legislation regulating entrepreneurship in Ukraine. There are several standard requirements to be recognized as a social enterprise by European investors and other organizations: first, you must be an entrepreneur. As an exception, it is possible to carry out a social mission within the framework of a public or non-profit organization; secondly, the enterprise must have a truly social purpose, and this purpose must be clearly spelled out in its charter or other corporate documents. It is emphasized that without an appropriate legal framework, social enterprises may face difficulties in determining their legal structure and, as a result, will not be able to fully fulfill their social and economic mission. Instead, the establishment of legal status and legal standards will contribute to the sustainable development of social enterprises, the creation of a favorable environment for their activities and the increase of their contribution to the development of Ukrainian society. In addition, the lack of clarity in the legal regulation of the activities of social enterprises is an important factor that prevents their full development, as it leads to uncertainty in their activities and may limit their ability to attract investments or receive financial support. Key words: social entrepreneurship, civil society, socio-legal problems, legal factors, legislation, legal regulation, development.

A Multivariate Analysis of the Development of Online Women Entrepreneurship in Bangladesh

A Multivariate Analysis of the Development of Online Women Entrepreneurship in Bangladesh

СОЦИАЛЬНОЕ ПРЕДПРИНИМАТЕЛЬСТВО В СИСТЕМЕ ФАКТОРОВ РАЗВИТИЯ РОССИЙСКОЙ ЭКОНОМИКИ

Social entrepreneurship is an activity that aims to solve or mitigate the social problems of society. It includes features of traditional entrepreneurship and charity. Charity refers to a social orientation of activity, and business refers to an entrepreneurial approach. Social entrepreneurship balances between social goals and the commercial component, where money is not a goal, but a means to achieve these social goals, allowing the entrepreneur to remain stable and independent of constant donor injections. The purpose of the study is to substantiate social entrepreneurship as a factor in the development of the Russian economy. The research reveals the essence of social entrepreneurship, its differences from traditional entrepreneurial activity. Significant legislative and regulatory acts are highlighted, showing the history of the formation of social entrepreneurship in the country and the identification of its key features. It is revealed that the development of social entrepreneurship in the country can be assessed mainly by the dynamics of the number of social enterprises, and there are no methods for assessing the contribution of social entrepreneurship to the country's economy and solving social problems. It is shown that social entrepreneurship is implemented in three main forms that solve the tasks of socialization and employment of disabled people, the tasks of supporting socially vulnerable segments of the population and the tasks of solving specific problems of certain categories of the population. The study of the current state of social entrepreneurship is quite complex, based mainly on point information. Therefore, a methodological apparatus is needed, a system of key indicators for assessing the contribution of social entrepreneurship to solving social and economic problems of the economy and society. The contribution is obvious, otherwise social entrepreneurship would not have been widely developed.

Crowdfunding and crowdlending as alternative ways of financing in Ukraine

In the modern conditions of the development of innovative entrepreneurship in Ukraine, there is an important need to use the latest methods of attracting capital. Because of the successful foreign experience, one of the most common methods is crowdfunding and crowdlending. The purpose of the article is to reveal the essence of crowdfunding and crowdlending as modern ways of financing business, analyze the activities of domestic crowdfunding platforms in Ukraine and identify factors that inhibit the development of crowdfunding and crowdlending in Ukraine. Analyzing, systematizing and summarizing the scientific works of many scientists, the article investigated the essence of using crowdfunding and crowdlending as alternative sources of financing business ideas, startups, and projects in Ukraine in the conditions of innovative development of modern technologies. As a result of the study, the main advantages and disadvantages of using these two methods of financing are summarized. The main participants of these financial instruments are defined, the model of the organization of crowdfunding as a method of financing is highlighted, and the role of online platforms, through which funds are raised to finance the projects presented on them, is clarified. The dynamics of the average financing of crowdfunding campaigns on the market of Ukraine and the number of successfully closed crowdfunding campaigns during 2017–2023 were analyzed. The functioning of domestic crowdfunding platforms has been investigated and substantiated. Presented are modern crowdfunding platforms such as «Big Idea», «GoF», «My City» and «RazomGO», which help in financing many projects throughout Ukraine. The «Big Idea» platform is known as one of the leading Ukrainian leaders in the field of crowdfunding, so an analysis of the number of successfully implemented projects on the «Big Idea» platform was carried out. The reasons hindering the progress of modern financing methods in Ukraine have been identified and analyzed, and recommendations for its further development in our country have been proposed. The implementation of the above innovative forms of financing in Ukraine requires the creation of favorable legal regulations, raising public awareness and ensuring the development of reliable specialized platforms.

Інноваціонно-екологічні аспекти розвитку вітчизняного підприємництва

The aim of the article is to provide a theoretical substantiation of the formation of innovative and ecological aspects of the development of domestic entrepreneurship in conditions of turbulence. The main motives for the introduction of ecological innovations at domestic enterprises are considered, the possibility of creating a new management system on the basis of innovation policy and synergetic space is considered. The ways and mechanisms of increasing innovation and ecological activities are described and methods of implementation are proposed. It is analyzed that the improvement of the innovation management system and the development of the internal business environment involves changes in the sphere of planning, employment of the population of the region, promotion of products, interaction of the authorities, domestic entrepreneurship, as well as knowledge management. Innovations in the field of business management will provide a long-term competitive advantage to specific areas and contribute to their development, taking into account and combining scientific and technological solutions with administration and innovation management. Particular attention is paid to domestic enterprises in the ecological aspect – for the implementation of innovative and ecological activities, business strategies and the search for a balance between profit, ecological protection and social justice. On the basis of the carried out analysis of the ecological aspects of innovation activity, important characteristics of innovative development of domestic enterprises have been allocated and an understanding of this economic category has been provided. Based on the results of the analysis of scientific papers, the main directions of innovative development of enterprise are determined, as well as the main motivational principles in this area are considered. Today, in order to overcome the innovation and ecological crisis, it is important to develop and implement ecologically friendly and cost-effective innovations. Ecological innovations, like other types of innovation, are aimed at making a profit and reducing costs, but their specificity is manifested in social, cultural and ethical contexts.

ИМПОРТОЗАМЕЩЕНИЕ КАК ИНСТРУМЕНТ РЕГИОНАЛЬНОЙ ПОДДЕРЖКИ ПРЕДПРИНИМАТЕЛЬСТВА

In this article, the author examined government support measures in the field of import substitution in the regions during the period of sanctions. The current state of small and medium-sized businesses, its sectoral and regional structure is analyzed, and its impact on the development of regional entrepreneurship is assessed and the opportunities and challenges that entrepreneurs face when implementing the import substitution process are identified. At the end of the article, the author offers recommendations for eliminating problems in the field of import substitution.

СОЦІАЛЬНЕ ПІДПРИЄМНИЦТВО В УКРАЇНІ: СОЦІАЛЬНО-ЕКОНОМІЧНА ЗНАЧИМІСТЬ ТА МЕХАНІЗМ ПІДТРИМКИ ВНУТРІШНЬО ПЕРЕМІЩЕНИХ ОСІБ В УМОВАХ ПОСИЛЕННЯ ЗАГРОЗ

The article discusses the socio-economic importance of social entrepreneurship, particularly as a means of supporting internally displaced persons in the face of growing threats and challenges. The author argues that the social entrepreneurship sector in Ukraine lacks legal regulation and support. Due to the lack of official data on the social entrepreneurship sector in Ukraine, this paper examines the trends and features of social business development in the national economy based on various analytical reports and expert assessments. The author analyses the regional distribution of social enterprises in Ukraine, as well as their distribution by main areas of activity. The study also explores the significance of the social enterprise sector in creating jobs and employment. A comprehensive analysis was conducted to determine the impact of social business on the national economy in terms of GDP, taxes paid, turnover, profit, and labour productivity. The analysis includes updated indicators for 2020-2022 based on our own calculations. The sentences and paragraphs create a logical flow of information with causal connections between statements. The article demonstrates the positive social significance of the social entrepreneurship sector, which is expressed not only in job creation but also in financing social and environmental programmes. The language used is clear, objective, and value-neutral, with a formal register and precise word choice. The paper presents and analyses the results of a survey of experts on the importance of organisational and managerial measures, including the promotion of social entrepreneurship, to meet the needs of IDPs and ensure their integration into communities. It was found that almost one-third of the experts consider it appropriate to stimulate the development of social entrepreneurship as a mechanism to support IDPs. It presents a map of the socio-economic importance of social entrepreneurship in meeting the basic needs of IDPs and identifies the main directions for stimulating social business in Ukraine. The article argues for the promotion of social entrepreneurship in Ukraine as an effective mechanism for supporting internally displaced persons (IDPs)

ПРОЦЕСС СОЗДАНИЯ УСТОЙЧИВОГО БИЗНЕСА НА ОСНОВЕ ИННОВАЦИОННОГО МОДЕЛИРОВАНИЯ

The article substantiates the algorithm for creating a sustainable business in the modern economy. The analysis of indicators of the development of sustainable entrepreneurship in Russia is carried out, which demonstrates that it is at the junction of economic, social and environmental problems and is defined as the process of forming and using business opportunities arising from market fluctuations. The scientific novelty and practical significance of the work lies in the development and comparison of two business creation processes: traditional and sustainable. An approach to creating a sustainable business based on innovative modeling has been developed, which helps to build a transition from an idea to the creation of an innovative sustainable business by identifying and using business opportunities.

РОЗВИТОК ІНСТИТУЦІЙНОГО СТРАТЕГУВАННЯ ПІДТРИМКИ КРЕАТИВНИХ ІНДУСТРІЙ В УКРАЇНІ

Solving the problems of reconstruction and balanced development based on the creative economy in Ukraine requires the adoption of systemic decisions of state regulation in terms of identifying the entrepreneurial activity of creative industries and stimulating the development of creative entrepreneurship as the basis for innovative development. The purpose of the article is to study the entrepreneurial activity of creative industries in Ukraine, to identify the main development trends and to determine the directions of development of the State policy of supporting creative entrepreneurship to win and ensure innovative development. For this purpose, it is important to solve the following main tasks: to determine the structure of creative industries; to conduct a statistical analysis of the activity of creative entrepreneurship in Ukraine; to identify significant factors of activity of creative industries and assess the level of their development; to formulate directions for the institutional transformation of the state policy of supporting creative entrepreneurship. The research methodology involves identifying the institutional features of the development of creative industries and determining the directions of institutional strategizing of their support. The article highlights the peculiarities of the functioning of creative industries in Ukraine. The peculiarities of the institutional framework for the functioning of the creative economy in Ukraine and in the EU countries are investigated. The characteristics and typology of creative industries are presented. The entrepreneurial activity of creative industries in the economies of the EU and Ukraine is analyzed. The increasing role and importance of creative industries in economic and social development is proved. The problems of development of creative industries and factors of inhibition of creative entrepreneurship in the Ukrainian economy are identified. The concepts of cultural and creative industries are systematized. It is proposed to divide the creative industries according to the principle of creative product into creative intellectual and creative intellectual industries in economic research. Adaptive directions of institutional strategizing and state policy to support creative industries in Ukraine are formulated.

Instrumental and methodological approaches to the assessment of franchising in regional entrepreneurship

The study of instrumental and methodological approaches to the assessment of franchising in business strategy involves the identification of optimal franchises that make the franchising mechanism effective in regional entrepreneurship. Franchising should be considered as an effective tool for the development of regional entrepreneurship. The regions of Russia have different industry specifics, administrative organization, as well as social and cultural peculiarities. The franchise model in regional entrepreneurship will allow for deep processing of production resources, as well as reduce the cost of supporting the network, taking into account the characteristics of each region.

ВЛИЯНИЕ ГЛОБАЛИЗАЦИИ НА ТРАНСФОРМАЦИЮ СОЦИАЛЬНО-ЭКОНОМИЧЕСКИХ ПРОЦЕССОВ В УСЛОВИЯХ РЕЦЕССИИ ЭКОНОМИКИ ПОСТПАНДЕМИЙНОГО ПЕРИОДА

This article presents a study of globalization and its key features, and its practical significance lies in the planning of scenarios for the development of international entrepreneurship. Theoretically, economists and politicians recognized that globalization connects the world, strengthens relations between countries through the growing rates of turnover of goods, information resources, intellectual property, labor, creating an exchange of these and other resources. In practice, everything turned out to be more complicated. The rapid pace of world development due to globalization is not unequivocally positive. This is due to the fact that in recent years, the growth rate of integration processes has begun to increase so much that many countries have begun to fear globalization.

The impact of motivation to decision on digital transformation of social entrepreneurship

Background: Today, the digital transformation of business is one of the conditions for survival on the market. The development of digital technology is progressing rapidly, and only the business entities that keep pace with this development can expect good business results. Social entrepreneurship is an excellent way to solve the problems of social inequality and poverty and thus leads to economic growth and development. Purpose: The main goal of this research is to create a theoretical model of digital transformation of social entrepreneurship. This model can be a useful tool for deciding on the digital transformation of business. We investigated motivation of managers and employees as an influencing factor for the digital transformation of business. We declared other influencing factors as constants. Study design: We measured motivation by personal and professional use of the Internet, the acquisition of digital skills, the cost of labour of those who are involved in the digitisation process, and the application of data protection software. Ninety-seven social entrepreneurship entities from Bosnia and Herzegovina (B&H) participated in the research. The research was carried out using questionnaires, and we analysed the obtained data using correlation and regression methods. Findings: The results showed that motivation is a significant factor in the digital transformation of social entrepreneurship. Based on the results of the research, we have created a model of digital transformation of social entrepreneurship entities that can lead to economic and social development through steps applicable in practice. Limitations/future research: The most significant limitation of the research is the lack of an official register of social entrepreneurship entities from which we can collect data about the number of these entities. To future researchers, we leave open questions of other influencing factors for the development of social entrepreneurship, such as knowledge, sources of funding for initial business activities, etc.

Development of Industrial Entrepreneurship in MSMEs through Production Resource Management

Development of Industrial Entrepreneurship in MSMEs through Production Resource Management

Strengthening the Capacity for Developing Employability and Entrepreneurial Skills for Intellectually Disabled Learners through Curriculum Reform in Zimbabwe; Evidence from the Skills Development Programme Developed by Harare Polytechnic in Partnership with Special Olympics Zimbabwe.

The study provided a framework of developing employ ability and entrepreneurial skills through curriculum reform for intellectual disability[ID] learners in Zimbabwe. The research was a collaboration between two partners, Harare Polytechnic and Special Olympics Zimbabwe, through a Memorandum of Understanding, to tackle the challenges of stigma and skills development for intellectual disabled learners in Zimbabwe. Special Olympics Zimbabwe carried a qualitative assessment of potential skills that could be done by ID learners from the total list of skills offered by Harare Polytechnic and 22 learners in Special Olympics Harare Province confirmed the skills that they considered would be achievable given their interest in those skills. Harare Polytechnic studied the responses of the ID learners and provided a training methodology for the realisation of the skills development of those learners. The study makes a number of recommendations meant to address skills development of ID learners from the early stages of the development of an ID child up to technical vocational education and training college training as a livelihoods sustainable development strategy. The study concluded that it is possible to provide skills development to ID learners, in inclusive setting, in line with the constitutional values of inclusivity and non-discrimination through the training methodology developed by Harare Polytechnic which can be deployed nationally to tackle sustainable development issues, through inclusive employment practices, employment creation and entrepreneurial skills development involving ID learners

The transformation of the institute of bais in the conditions of modernization processes of the 19th – early 20th centuries

The article is devoted to the study of the social and institutional history of the prosperous estate of a nomadic society – the Kazakh bais. The main content of the topic of this study is the history of the bais estate as a social community – its condition, social behavior, place and role in the system of social relations, sources of material well-being, social alliances and conflicts, social preconditions and consequences of political, cultural and economic transformations. Integration of the Kazakh economy into the system of the all-Russian economy in the second half of the 19th century caused changes in the social stratification of the traditional nomadic society. The category of wealthy individuals – bais had begun to play an increasing role in its structure. The article is aimed at studying the traditional authoritу – bais, its transformation in the conditions of change of socio-economic and political life in the Kazakh territory under the influence of strengthening of colonial policy and penetration of elements of the market economy in the 19th – early 20th centuries. The methodological basis of the article is the theory of modernization and frontier modernization. Being part of the Russian Empire, Kazakhstan in the 19th – early 20th centuries actually was a frontier zone. As a result of the study, it was revealed that bais, actively involved in the sphere of commodity-money relations, used intensive forms of livestock breeding. By increasing the number of livestock, bais formed initial capital, which contributed to the development of entrepreneurship and trade. This, in turn, intensified charitable activities.

КОРПОРАТИВНА СОЦІАЛЬНА ВІДПОВІДАЛЬНІСТЬ В КОНТЕКСТІ РЕАЛІЗАЦІЇ ПРІОРИТЕТІВ ДЕРЖАВНОЇ ФІНАНСОВОЇ ПОЛІТИКИ

The author substantiates the expediency of intensifying partnerships between public authorities (local selfgovernment) and business entities to improve financing of infrastructure facilities. The article highlights the interpretation of the concept of «corporate social responsibility» by Ukrainian and foreign scholars, which made it possible to formulate the author's own interpretation of this concept as a commitment by business to address environmental and social problems of public authorities or local self-government on a voluntary basis. The article generalizes conceptual approaches to disclosing the content of the above definition, in particular, from the standpoint of instrumental, political, integrative, ethical and stakeholder approaches. It is found that the instrumental approach considers corporate social responsibility as a means of making a profit by an enterprise. The political approach is based on the allocation of corporate citizenship and corporate constitutionalism. The integrative approach considers the need to include social needs in the circle of business interests. The ethical approach focuses on ethical issues that affect the relationship between business and the state and society. According to the stakeholder approach, the main goal of an entrepreneur – profit maximization – cannot be fully achieved without taking into account the interests of stakeholders. The article presents the main components of corporate social responsibility implementation, which include values, principles, forms, methods and evaluation of the results obtained. The author identifies the priority areas of cooperation between the state and business, in particular those that meet the needs of society for quality educational, health and cultural services, high-tech environmentally friendly products, and the creation of new jobs. It is argued that in the context of a constant shortage of budget funds, the synergy of cooperation with business will contribute to the welfare of the population, improve the environment and create favorable conditions for the development of entrepreneurship.

ВКЛАД ИННОВАЦИЙ И ЧЕЛОВЕЧЕСКОГО КАПИТАЛА В РОСТ РОССИЙСКОЙ ЭКОНОМИКИ

Russia, as one of the largest economies in the world, strives for sustainable and dynamic growth. To achieve this goal, it is necessary to actively develop innovations and invest in human capital. Innovations, playing a key role in the modern economy, make it possible to create new products, services and technologies that increase production efficiency and competitiveness of enterprises. Also, the introduction of innovations contributes to the growth of labor productivity, improvement of product quality and cost reduction. However, the successful development of innovations requires the availability of highly qualified specialists. Human capital, that is, the knowledge, skills and experience of employees, is one of the main resources determining the competitiveness of the economy. In Russia, there is a need to improve the level of education and professional training in order to ensure access to the latest technologies and innovations. For the development of innovation and human capital in Russia, it is necessary to create a favorable investment environment. This includes improving legal regulation, protecting intellectual property, reducing the bureaucratic burden and encouraging investment in research activities. It is also important to develop cooperation between government, business and scientific institutions for the exchange of knowledge and experience. One of the important tasks is the development of innovative infrastructure. This includes the creation of technology parks, innovation centers and accelerators that provide support and financing for startups and innovative projects. Such infrastructure facilities contribute to the development of entrepreneurship and attract investment in innovative projects. In addition, it is necessary to pay attention to the development of research activities. Public and private investments in science and research allow the creation of new knowledge and technologies that can then be commercialized. It is also important to develop cooperation between universities, research institutes and enterprises for the exchange of experience and the implementation of joint projects.

ЗАСТОСУВАННЯ ШТУЧНОГО ІНТЕЛЕКТУ В ФІНАНСОВО-ЕКОНОМІЧНОМУ АНАЛІЗІ ДІЯЛЬНОСТІ ПІДПРИЄМСТВА

The article examines the peculiarities of artificial intelligence development and the using its achievements for the future development of Ukrainian economy, in particular in accordance with the Concept of Artificial Intelligence Development in Ukraine. The major tasks of AI using in economical spare of Ukraine are: stimulating the development of entrepreneurship in the field of artificial intelligence; motivation of business to introduce artificial intelligence technologies to increase their own efficiency; development of the Roadmap to retrain people whose work can be automated in the nearest future; introduction of the state order for artificial intelligence systems, IT specialists and data researchers; stimulation of partnership between the state and business in the field of innovative projects, as well as improvement of legislation in the relevant field. Using of information technologies allows to monitor business projects, influence the results of business operations, which enables to warn possible risks and make effective decisions. AI is a modern tool capable to increase business efficiency through rapid analysis of available data, that lets choose the best development strategy. The main advantages of using AI include: forecasting financial and market-commercial risks; optimization of development strategies; creation the system for monitoring business results in real time; automation of accounting and financial and economic analysis; analysis of market and economic trends. The key problems in the economic sector that affect the development of AI in Ukraine are separated, special attention is paid to the advantages and risks of using artificial intelligence technologies in business activities, among them low-quality data for analysis, opacity of the obtained results, as well as the risk of privacy loss. In order to minimize the possible risks connected with the loss of confidential data, it is proposed to use of software that would allow, taking into account the industry specifics of each enterprise's activity, to maintain, monitor and analyze significant data. That would allow to monitor the effectiveness of business processes in the real time mode and make efficient management decisions without fear of leakage of important confidential information.

The influence of resources, service capabilities and government support on business incubator success: Empirical evidence from Indonesia

Business incubators contribute to the development of entrepreneurship, innovation, and regional economy. However, in developing countries, implementation faces challenges and obstacles that threaten the success and sustainability of their operations. This research examines the influence of incubator resources, service capabilities, and government support on the success of business incubators. We conducted a national survey and used structural equation modelling analysis to test hypotheses on a sample representing seventy-six percent of the business incubator population in Indonesia, one of the developing countries in Asia. Empirical evidence shows that most incubators in Indonesia are non-profit, university-based, and technology business incubators. The incubator's resources and government support impact its service capabilities. However, the incubator's resources and government support do not directly impact its success. The novelty is that service capability acts as a full mediating variable on the influence of government support and incubator resources on the success of business incubators. The final section outlines managerial implications and future research directions.