Analysis of Small Business Role in the Economy of Ukraine in Globalization: Problems and Ways of Improvement

Abstract

Нікітіна А.В. кандидат економічних наук, доцент, доцент кафедри міжнародної економіки та менеджменту зовнішньоекономічної діяльності, Харківський національний економічний університет імені Семена Кузнеця Абраімова А.М., Шалаєва А.М. студентки факультету міжнародних економічних відносин, Харківський національний економічний університет імені Семена КузнецяIn the result of scientific sources deep analysis of the small business in Ukraine the place and role of the small business and its current state in the economy of the country were determined. The structure of the small business complex was considered and the effective methods of improving this situation were determined in the current economic conditions of the country. The distribution of small business by the type of their economic activity was determined through the statistical analysis. The main factors which negatively affect and cease the development of small enterprises were outlined. The appropriate effective governmental and non-governmental ways of small business improvement were suggested. The factors that limit the opportunities for small business development in the international market were pointed out. The development potential of small enterprises was assessed and the order of improvement of the business climate of Ukraine was determined. The factors of attractiveness for investing in the Ukrainian small business sector were investigated and the ways to improve its condition were suggested.

Sustainability and Performance of Small and Medium Business: the Role of Financial Literature

“…Small and medium enterprises or abbreviated as SMEs also contribute to the country's economy in providing employment. SMEs have a socio-economic role that is shown in resilience and competitiveness at various levels of the economy and challenges in the business world (Savlovschi and Robu, 2011;Rudenko, et.al, 2015;Nikitina, Abraimova, and Shalaieva, 2020). SMEs as part of entrepreneurship have the potential to support the country's economy both in quantity and quality shown by business owners.…”