scholarly journals PSYCHOLOGICAL TIME AND ECONOMIC MIND OF ENTREPRENEURS. EVIDENCE FROM SMALL BUSINESS OF RUSSIAN INDUSTRIAL REGION

2021 ◽  
Author(s):  
Ekaterina Zabelina ◽  
◽  
Svetlana Kurnosova ◽  
Ekaterina Vedeneeva
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Positive Attitude ◽  
Economic Life ◽  
Temporal Organization ◽  
Entrepreneurial Activity ◽  
Economic Resource ◽  
Economic Attitudes ◽  
The Future ◽  
The Impact

"Entrepreneurs, as the most active social group sensitive to public mood, perhaps feel the changes in the time of life in a digital society (time pressure illusion) most of all. On the other hand, the very internal temporal organization of a person involved in entrepreneurial activity can determine the characteristics of his or her mind and behavior in the economic sphere. The aim of the study is to reveal the impact of the psychological time of the representatives of small businesses on their economic minds. The study involves 109 representatives of small businesses in various fields (wholesale and retail trade, education, tourism, consulting, production, etc.), registered in the Chelyabinsk region and operating in the Russian Federation (mean age 34.9, 42% male). The respondents completed electronic forms of Inventory of Time Value as an Economic Resource (Usunier), Zimbardo Time Perspective Inventory, Attitudes towards Time (Nuttin), and Inventory of Polychronic Values (Bluedorn). To diagnose the features of the economic mind of entrepreneurs, the Economic Attitudes Questionnaire (Deyneka & Zabelina, 2018) was used. Regression analysis showed that certain components of psychological time (positive attitude to the past, present and future, the value of time as an economic resource) determine the formation of constructive economic attitudes of small business owners, namely the value of independent economic achievements, willingness to invest, unwillingness to sacrifice vocation and health for money, financial optimism. Thus, the lack of fixation on past failures, a positive attitude towards the present and the future, the ability to transfer time into money create a psychological foundation for the formation of entrepreneurs' attitudes in economic life. The results can be used in the consulting of the future entrepreneurs."

scholarly journals SOCIO-ECONOMIC RESULTS OF THE SMALL BUSINESS ACTIVITY IN THE REPUBLIC OF CRIMEA

2020 ◽  
pp. 100-110
Author(s):  
G.V. Olkhovaya
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Entrepreneurial Activity ◽  
Innovation Activity ◽  
Business Sector ◽  
Social Efficiency ◽  
Economic Changes ◽  
Rate Of Development ◽  
The Republic ◽  
The Impact

In modern conditions, the level and rate of development of regions and the state as a whole are directly related to the dynamics of small and medium-sized businesses. The article provides an assessment of the socio-economic changes that occurred in the small business sector of the Republic of Crimea in 2015-2018. The system of indicators that reflect various aspects of its functioning and the impact on the region’s economy is analyzed. Indicators of entrepreneurial activity, social efficiency of small businesses, economic efficiency of functioning, investment and innovation activity are considered.

scholarly journals THE ROLE OF SMALL BUSINESS WITHIN THE NATIONAL ECONOMY

2020 ◽  
pp. 157-166
Author(s):  
ZOKIR SODIKOV
Keyword(s):  
Small Business ◽  
National Economy ◽  
Small Businesses ◽  
National Income ◽  
Well Being ◽  
Entrepreneurial Activity ◽  
Productive Capacity ◽  
Private Entrepreneurship ◽  
The Impact

The article considers the impact of small business on the development of the national economy, expansion of production, improving the quality of goods and services, increasing employment, strengthening export potential, and efcient organization of imports. In this regard, the analysis of the conditions created in our country, and the basis of the achieved results were done. Also, future challenges and areas for improvement were identifed. One of the priorities in the development of a modern sociallyoriented market economy in our country is to strengthen small business and private entrepreneurship. Economic reforms are underway and a system has been set up to enhance the role of small business. The legal and regulatory framework guaranteeing entrepreneurial activity and structures to assist entrepreneurs have been formed. Small businesses have the opportunity to create new jobs without large capital and to reduce the shortage of certain goods, or even to provide them in full. Nowadays, it is important to analyze regularly the role of small business, which plays a key role in strengthening the productive capacity of the national economy and improving the welfare of the population, based on the conditions and opportunities of our country and draw perspective conclusions about them. At the same time, to substantiate and further improve the results of the ongoing socioeconomic reforms in society, it is necessary to study the development of small business and private entrepreneurship, as well as all sectors of the national economy. This article is the fulfllment of the tasks aimed at achieving these goals. The development of small and medium-sized businesses in the national economy, support for private and entrepreneurial activities will speed up production and ensure a stable supply of goods to the consumer market. As a result, the employment rate in the country will rise and the existing labor force will be able to create value. This process will increase national income and lead to an increase in per capita income. As a result, the national economy will develop, the well-being of the population will increase, and the socio-economic power and political position of the state at the international level will strengthen.

The Impact of Attitudes and Experience on Small Business Computer Use

1986 ◽  
Vol 10 (4) ◽  
pp. 37-48 ◽  
Author(s):  
Gary S. Nickell ◽  
Paul C. Seado
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Computer Use ◽  
Word Processing ◽  
Positive Attitude ◽  
Business Owners ◽  
Computer Applications ◽  
Small Business Owners ◽  
Mailing Lists ◽  
The Impact

This study investigates the attitudes of small business owners/managers toward computers and how computers are used in small businesses. A survey of 236 firms revealed that a majority of the respondents are currently using computers. In general, owners/managers have a positive attitude toward computers. Respondents who have taken a computer class, own a microcomputer, or whose businesses are using computers have a more positive attitude toward computers. The most frequent business computer applications were accounting, mailing lists, and storing information. The most frequently reported personal applications were word processing, accounting, and budgeting. Implications for further computerization of small businesses are discussed.

scholarly journals Small business development and resource use in Russian regions

R-Economy ◽  
2021 ◽  
Vol 7 (2) ◽  
pp. 88-99
Author(s):  
Denis Yu. Fraymovich ◽  
◽  
Marina A. Gundorova ◽  
Zorislav V. Mischenko ◽  
Anna-Maria Guzhov ◽  
...  
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Business Development ◽  
Entrepreneurial Activity ◽  
Small Enterprise ◽  
Russian Regions ◽  
Resource Potential ◽  
Small Business Development ◽  
Use Of Resources ◽  
The Impact

Relevance. The living standards in any country largely depend on how developed is this country’s business sector. The latter, in its turn, relies on the availability and efficient use of resources. The problem that arises in this respect and that this study seeks to address is how to measure the resource potential available for the development of small businesses in order to choose the optimal strategy of stimulating this sector for this or that region. Research objective. The aim of this research is to study resources available to small businesses and their use in Russian regions. Data and methods. The set of indicators used in our analysis helps us measure the activity of small businesses in Russian federal districts. The key elements of the assessment are based on the official statistics and include the following: average labor productivity of small businesses, the unit turnover per small enterprise, the number of small firms per 10,000 people. Each of these indicators was analyzed by using the methods of mathematical statistics according to the three criteria: stability (S); average values (M); and the variability of the results (V), which characterizes interregional differentiation within a federal district/country. Results. The article proposes a system of indicators for diagnosing small business development based on the concentration and performance of small-sized enterprises. The quantitative results of such analysis can be used for choosing strategies of small business development. Conclusion. There was a significant decline in entrepreneurial activity during the post-crisis period of 2017-2018 in Russia, which could be explained by the impact of foreign sanctions and the difficult economic situation in the country (inflation, a sharp rise in the price of resources, difficulties in communication with international partners, and the difficulty or even impossibility to adopt efficient technologies in a short time). As our analysis has shown, some of the Russian territories still have underutilized resource potential that can be used for stimulating small business development.

Assessment of small businesses activities in Ukraine

2019 ◽  
pp. 40-47
Author(s):  
Igor Ponomarenko ◽  
Kateryna Volovnenko
Keyword(s):  
Comparative Analysis ◽  
Statistical Analysis ◽  
Small Business ◽  
Small Businesses ◽  
Government Agencies ◽  
Small Enterprises ◽  
The Subject ◽  
Business Entities ◽  
The Impact ◽  
Micro Enterprises

The subject of the research is a set of approaches to the statistical analysis ofthe activities of small business entities in Ukraine, including micro-enterprises. The purpose of writing this article is to study of the features of functioningof small business entities in Ukraine. Methodology. The research methodology isto use a system-structural and comparative analysis (to study the change in thenumber of small enterprises by major components); monographic (when studyingmethods of statistical analysis of small businesses); economic analysis (when assessing the impact of small business entities on socio-economic phenomena andprocesses in Ukraine). The scientific novelty consists to determine the features ofthe functioning of small businesses in Ukraine in modern conditions. The influenceof the activities of the main socio-economic and political indicators on the activities of small enterprises in recent periods of time has been identified. It has beenestablished that there is flexibility in the development of strategies by small businesses in conditions of significant competition, which makes it possible to quicklyrespond to changing situations in specific markets. Conclusions. The use of acomprehensive statistical analysis of small businesses functioning in Ukraine willallow government agencies to develop a set of measures to optimize the activitiesof these enterprises, which ultimately will positively affect the strengthening oftheir competitiveness and will contribute to the growth of the national economicsystem.

scholarly journals Effects of Regional Bank Merger on Small Business Borrowing: Evidence from Japan

2015 ◽  
Vol 7 (11) ◽  
pp. 62
Author(s):  
Hironobu Miyazaki ◽  
Hiroyuki Aman
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Economies Of Scale ◽  
Loan Portfolio ◽  
Small Business Lending ◽  
Borrowing Costs ◽  
Bank Merger ◽  
Regional Bank ◽  
Small Business Loans ◽  
The Impact

This study examines the impact of a regional bank merger in Japan on borrowing by small businesses, focusing on firms that borrow from the acquiring bank, the acquired bank, or both. First, we find that post-merger borrowing costs declined. This result suggests that small borrowers enjoy more favorable post-merger financing conditions because efficiencies from economies of scale lead to lower costs. Second, we<strong> </strong>find that post-merger borrowing costs decline for firms that borrow only from the acquiring or acquired bank, whereas they did not decline for firms that borrow from both. Third, we find that only small business loans to firms that borrow from both the acquiring and acquired banks decrease post-merger. This result suggests that small business lending might decline because of a merged bank’s loan portfolio and lending strategy.

FEATURES OF THE RUSSIAN SMALL BUSINESS MODEL AND THE CONSEQUENCES OF THE COVID-19 PANDEMIC

2021 ◽  
pp. 71-85
Author(s):  
Natal’ya E. Egorova ◽  
Keyword(s):  
Small Business ◽  
Business Model ◽  
Small Businesses ◽  
Structural Characteristics ◽  
Bank Lending ◽  
Structural Instability ◽  
Government Support ◽  
Negative Consequences ◽  
Development Levels ◽  
The Impact

The article analyzes the quantitative and structural stability of Russian small business and identifies the model features of its functioning. It investigates the dynamics of development of Russian small business is investigated and notes a downward trend in the number of small and medium-sized enterprises over the past two years. A conclusion is drawn that the quantitative indicators reflecting its functioning are highly sensitive to the negative effects of the macroeconomic environment. The author introduces a concept of the small business heterogeneity and brings up its structural characteristics, represented by various categories of small and medium-sized firms. Comparative analysis of the Russian small business model with foreign small business confirms its quantitative and structural instability. That makes the considered sector of the national economy vulnerable to shocks (externalities), including the COVID-19 pandemic. It is assumed that the negative consequences of the pandemic will affect Russian small businesses more than foreign ones, and the gap in their development levels will widen. An assessment of the impact of the COVID-19 pandemic on Russian small business and a forecast of its development are made in the context of limited government support and the absence of active bank lending.

SMALL BUSINESS AS A BASIS FOR LOGISTIC BARTER

2020 ◽  
Vol 10 (10) ◽  
pp. 2293-2300
Author(s):  
L.V. Gabdullin ◽  
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Perfect Competition ◽  
Competitive Environment ◽  
Federal Law ◽  
Antitrust Laws ◽  
Monetary Relations ◽  
Business Conditions ◽  
Main Thing ◽  
The Impact

The article analyzes the development of small business using the example of that one in Naberezhnye Chelny. A competitive market is influenced by many factors. These are laws, state policy in the field of small business in the construction sector, as exemplified in this article, a competitive environment. The article presents the impact of Federal Law No. 135 “On Protection of Competition” on the competitive environment, including in construction. In our country,a lot is said about supporting small businesses, there are federal and regional programs. There is also an understanding of what kind of small business it is and what it is for. There are many definitions of small business. Each country has certain criteria for evaluating small businesses. The main thing is that the goal of small business is to increase jobs, and not just to employ people, but to increase the country’s human resources. It should be borne in mind that small businesses respond more quickly to local business conditions. The novelty of the research is that an important point of small business is the creation of a market close to perfect competition, and this is the basis of the concept of logistics barter, which will dominate the economy. The new concept of logistic barter involves the denial of monetary relations between manufacturers in the B2B segment. The B2C segment is not interesting for logistic barter. The money will remain in “households” who care about the market with ideally perfect competition. A market of perfect competition and antitrust laws will work in tandem. Banks will be relevant only for end consumers, namely “households”.

Introduction

2019 ◽  
pp. 1-20
Author(s):  
Courtney Lewis
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Structural Adjustment ◽  
Business Owners ◽  
Small Business Owners ◽  
Economic Stability ◽  
The Great Recession ◽  
Justice Movements ◽  
The Impact

This introduction describes how encouraging a diversity of small businesses can help support a Native Nation’s long-term economic stability, but goes further to demonstrate this uniquely through the eyes of the small-business owners themselves along with an in-depth examination of their local, national, and international contexts. In doing so, it describes how this book also addresses the ways in which Native Nations, by supporting small business resilience, are responding in politically and socioeconomically meaningful ways to settler-colonial economic subjugations. This introduction further describes how the book unpacks the layers of small-business complications specific to Native Nations and American Indian business owners while speaking to larger theoretical questions regarding the impact of small businesses in a global indigenous context. Debates regarding economic sovereignty versus economic power, measures of autonomy, land status, economic identity, fluctuating relationships with settler-colonial society, and the growth of neoliberalism (along with its accompanying “structural adjustment” policies) meet with specific practices, such as the implementation of guaranteed annual incomes, cultural revitalization actions, environmental justice movements, and the potentially precarious choices of economic development—issues that are exacerbated during times of economic precarity, such as the Great Recession.

scholarly journals Business Model Building and Its Performance in Micro and Small Apparel Industry in Bandung City, Indonesia

2018 ◽  
Vol 7 (3.25) ◽  
pp. 106
Author(s):  
Sudrajati Ratnaningtyas ◽  
Wawan Dhewanto ◽  
Bambang Rudito ◽  
Eko Agus Prasetio ◽  
Gina Gina Karunia Kusumah
Keyword(s):  
Small Business ◽  
Business Model ◽  
Small Businesses ◽  
Business Strategy ◽  
Model Building ◽  
Apparel Industry ◽  
Building Blocks ◽  
Survey Method ◽  
Revenue Streams ◽  
The Impact

This study aims to determine whether or not the impact of business size on business model building and business performance perceived owner. This research used a quantitative-qualitative approach with Survey Method. The study was conducted in Apparel industry in Bandung City in 2017. The business model used to evaluate is Business Model Canvas (BMC). Chi-Square and Mann-Whitney U tests were used to test the differences between micro business and small business on each of BMC building blocks. The results showed that BMC building blocks between Micro Business and Small Buisness differed on two blocks, ie Channels and Revenue Streams, while the other seven blocks were not different significantly. It can be interpreted that the business model on Micro Businesses is generally slightly different with Small Businesses, or in other words the business strategy is relatively the same. However, the Business Model applied to Small Business with excellence in marketing channels and revenue streams compared to Micro Business, has resulted in a higher level of owner satisfaction on the performance of its business.  

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