The system of causal connections between entrepreneurial activity and economic development

Abstract

Abstract. Introduction. Revealing, studying and applying the common factors of causal connections between changes of entrepreneurial activity and the level of states' and regions' socio-economic development form essential conditions for sustainable outcome. The complexity of analysing the above connections as well as synthesising well-grounded managerial decisions based on them are primarily embedded in the inhomogeneity of internal and external entrepreneurship environment. The purpose of the article is to define the peculiarities of the Ukrainian entrepreneurial activity causal field and provide comparative analysis with the other countries based at the Global Entrepreneurship Monitor (GEM) methodology and findings (since it has not covered Ukraine). Methods. To meet the purpose, economic analysis of statistical data, synthesis and expert survey have been used. Results. As the result of data processing, the actual pending status characteristics have been obtained forming the elements of the causal field of entrepreneurship. The GEM studies' comparative analysis allows us forecasting such trends in Ukraine, as the growth of the number of micro-enterprises as well as entrepreneurs, engaged in self-employment. However, a certain part of entrepreneurial activity goes to «shadow»; the number of innovative enterprises will be cut down because of the reduction of both state and private funding; entrepreneurs are expected to reallocate their activities towards the business with fast funds turnover. Conclusion. To modify the existing negative trends in Ukrainian business activity, in the system of causal connections should be strengthened the following sectors: start-up funding; support of business incubator for the businessmen-beginners; nationwide assessment and monitoring of causal connections of Ukrainian entrepreneurial activity using the GEM methodology; increase of educational programs for entrepreneurs supported by leading Ukrainian universities. Keywords: Causal Field; Entrepreneurial Activity; Economic Development JEL Classification: F63; L26; О11 DOI: https://doi.org/10.21003/ea.V165-01 Пономаренко В. С. доктор економічних наук, професор, ректор, Харківський національний економічний університет імені Семена Кузнеця Гонтарева І. В. доктор економічних наук, професор, завідувач кафедри підприємницької діяльності, Харківський національний економічний університет імені Семена Кузнеця Система каузальних зв'язків між формами підприємницької діяльності й типами економічного розвитку Анотація. Ідентифікація, вивчення та застосування закономірностей дії причинно-наслідкових зв'язків між змінами підприємницької активності й темпами соціально-економічного розвитку країн і регіонів є обов'язковими умовами стійкого позитивного результату. Метою статті є виявлення характеристик каузального поля підприємницької активності України та їх порівняльний аналіз із аналогічними характеристиками, отриманими за методикою Глобального моніторингу підприємництва (GEM) в інших країнах. З метою зміни негативних тенденцій у підприємницькі...

Investment and innovative development of industrial enterprises as the basis for the technological singularity

“…With a significant set of such features in the correlation-regression analysis, detecting and interpreting the impact of the ties become difficult. Therefore, according to Pliuta (1980), there is a need for compaction of information, that is, the description of the phenomenon (object) investigated using more integrated indicators, the socalled "key components". Correlation matrix contains the initial information needed for inclusion of indicators in the evaluation.…”

Formation of the mechanism of overcoming resistance of organizational changes in the industrial enterprise

“…Taking into account the existing achievements of scien tists [12] regarding the terminological support for the con cept of a mechanism, the essence of the mechanism for overcoming resistance to organizational changes is deter mined. So, this concept is a system of principles, methods of manipulation (inducement to action), tools, methods of influence, operates in accordance with established norms and rules within the framework of existing socioeconomic relations in an enterprise, taking into account the influence of the internal and external environment.…”

Cognitive analytical tools for cost management of innovation activity

“…On the other hand, in majority of applied researches such as Alves, Barbieux, and Reichert (2017), Ponomarenko and Gontareva (2017), Rasmussen and Petersen (2017), Kolodiziev, Chmutova and Lesik (2018) innovations continue to be identified with the functional management of individual industries, and not with the corporate development of the enterprise as a whole. As a result, in practice, national companies devote for innovations insufficient financial and human resources and do not use full potential of new technologies.…”

“…The mainstream understanding that innovations are created at the intersection between established and emerging technologies, specialized capabilities available in and around the innovating firm, and market demand (Kanter, 1985;Ponomarenko & Gontareva, 2017; Van de Ven, Angle, & Poole, 1989) provokes the researchers to focus on commercialization results of innovation activity. So Sharp, Iyer, and Brush (2017) suggest that the effect of executives on innovation can be better understood by explicitly separating innovation into the component processes of invention and commercialization.…”