SMALL BUSINESS: ILLUSIONS AND REALITY

2020 ◽  
Vol 10 (10) ◽  
pp. 2301-2312
Author(s):  
S.V. Popova ◽  

In post-industrial society, there is an increase in the role of small business as an integral element of the reproduction process. The activities of small and medium-sized businesses in our country are carried out on the basis of the established global trends. Difficulties in the dynamics of this sphere are formed under the influence of increased concentration of production and consolidation of enterprises, which gives rise to a number of problems and contradictions. Considering small business as the most important component of the market economy, its role in solving the problems of creating a competitive environment and ensuring employment should be noted. The scientific literature on the problem under consideration shows the versatility in the authors’ views of the small business role in economic development. This problem is disclosed in sufficient detail in the works of foreign authors (M Weber, J. Gelbraith, P. Drucker, W. Sombart, R. Cantillon, R Coase, J. Keynes, K. Marx, A. Marshall, L. Mises, A. Smith, J. Schumpeter and others). In Russia, L. Abalkin, A. Anchishkin, K. Bazhenov, S. Witte, V. Inozemtsev, M. Lapusta, L. Slutsky, P. Stolypin, M. Tugan-Baranovsky, A. Chayanov and etc. considered this problem. The article reveals the role of small business in the Russian economy, as well as the problems and contradictions of its functioning. On the basis of a systematic analysis of the current trends, the problems, efficiency and significance of small business are identified. Research has shown that the role of small businesses is greatly exaggerated. Small business development acts as a factor in reducing unemployment. In the process of economic activity, a number of problems arise that the enterprises themselves cannot solve. A set of measures is required to support this activity and overcome the crisis. It is important that small and medium-sized enterprises can form their own accumulation fund, which can be used to adapt in the face of stagnation, which will increase the size of the labor force and labor productivity. The crisis of small and medium-sized businesses leads to a multiplier effect in the economy, which reduces the volume of GDP. As a result of the “concentration of capital” among large producers, smallscale production becomes unproductive and unprofitable. The opportunities for obtaining loans from small businesses are very limited. Modern high-tech productive equipment is not available to most. In many enterprises, there is no separation in order to save financial resources on wages. The social security of employees is low. The prosperity of any country in a post-industrial society depends on big business; small business is only an auxiliary sphere of activity. Relying on small business, it is impossible to improve the quality of life, to ensure economic growth and national security. The results of the study can be used in determining the strategic guidelines of economic policy and choosing development priorities.

2021 ◽  
pp. 0739456X2110282
Author(s):  
Maria Watson

Local businesses are important for recovering communities, yet program analyses of the effectiveness of Federal disaster loans—particularly for businesses—are limited and contradictory. This study looks at the role U.S. Small Business Administration (SBA) Disaster Loans played in the long-term survival of small businesses in Galveston County, Texas after the 2008 Hurricane Ike. This research uses quasi-experimental design, matching methods, and conditional logistic regression to tease out the effect of the loan from potential confounding factors. The results show that businesses that received a disaster loan were significantly more likely to survive than their controls, and businesses that moved were also more likely to survive.


Author(s):  
Andrei N. Komarov ◽  

The article reveals an evolution of political ideologies in Canada in 1993–2019. Following the Russian and foreign historiography, as well as the election programs of Conservatives and Liberals, the author analyzes the influence of political ideologies on the voting of Canadian voters in parliamentary elections in the late 20th – early 21st centuries. The author of the article comes to the conclusion that Canada is still a country committed to political ideologies. He also considers as unacceptable the thesis about an absence of ideologies in Canada within the existing post-industrial society. The author believes that the model for political development of Canada, laid down in the second half of the 19th century by the founders of the state, is still effective at the present time. In a post-industrial society, Canada clearly follows national traditions based on previously developed political ideologies. That is what constitutes the foundation for the rule-of-law state and civil society in Canada. The author emphasizes that, despite the activities of other political movements, conservative and liberal ideologies represent the leading directions of the state development in Canada. Other political ideologies, like social democracy, are largely secondary and do not determine the present and future of the Canadian state.


Author(s):  
Abdullaeva Sh.Z. ◽  
◽  
Rustamova M. ◽  
Ergashboev M. ◽  
◽  
...  

The article provides suggestions and comments on the role of small business in the economy and the further development of its lending system


2021 ◽  
Vol 13 (2) ◽  
Author(s):  
Petar Hlebarov

This article mainly aims to introduce the particular charactersitics of the ERP systems, used for managing small businesses, by answering several basic questions related to this topic: What do we generally understand by ERP systems? What is the essence of ERP for small business? What is the role of ERP for small business? What do we understand by small business? What are the characteristics of small business? What is the role of small business in society? What are the basic problems of small business? What is today’s business environment? In this respect, the report introduces the essence and the role of the ERP systems used for managing small business organizations in a structured and summarized way. It shows how the specific characteristics of small business and today’s business environment affect the ERP configurations, compared to those used in large organizations. At the end of the paper, a summary is provided of the characteristics of the ERP systems used for managing small organizations.


2020 ◽  
Vol 2 (1) ◽  
pp. 1-36 ◽  
Author(s):  
Anis Ahmad

In the post-industrial revolution world, social change is often studied and understood in the context of change in means of production, mobility, urbanization and change in the constitution of workforce. Role of ethical values is generally confined to personal conduct and manners. Industrial society is supposed to have its own work ethics which may or may not agree with personal ethics and morality. Ethics and morality are generally considered, in the Western thought, as a social construct. Therefore, with the change in means of production or political system, values and morality are also expected to be re-adjusted in order to cope with the changed environment. Sometimes a totally new set of values emerges as a consequence of the change in economic, political, or legal set up. The present research tries to understand the meaning and place of these values in a global socio-cultural framework. Relying essentially on the divine principles of the Qur'ān it makes an effort to understand relevance of these universal and ultimate principles with human conduct and behavior in society.  It indicates that essentially it is the core values, principles, or norms which guide human beings in their interpersonal, social, economic and political matters. Islam being a major civilizing force, culture, and the way of life, provides values which guide both in individual and social matters. The values given by the Qur’ān and the Sunnah are not monopoly of the Muslim. These values are universal and are relevant in a technological society.


2016 ◽  
Vol 15 (2) ◽  
pp. 127-140
Author(s):  
Gunarso Wiwoho

This study aims to examine the role of the absorptive capacity dimension in improving innovation performance and small business performance. The sample used as many as 35 businesses in the business sector of handy crafts. The collected data were analyzed using path analysis and processed with SPSS software version 24.0. The results showed that all hypotheses were accepted. The absorptive capacity dimension consists of potential absorptive capacity and absorptive capacity, both of which are able to have a positive influence on the performance of innovation and the performance of small businesses. But realized absorptive capacity can have a greater influence on innovation and small business performance than potential absorptive capacity.


2021 ◽  
Vol 8 (2) ◽  
pp. 155-164
Author(s):  
Dipendra Karki ◽  
Sushmita Upreti ◽  
Udbodh Bhandari ◽  
Sharad Rajbhandari ◽  
Niranjan Devkota ◽  
...  

Small business enterprises are widely recognized as a driving force of economic growth and development in any nation. Empirical evidence has shown that they contribute to job creation, help to alleviate poverty, and increase a nation’s level of productivity. In the exponential increase of small businesses, the role of the financial sector is crucial. This paper aims to identify the role of formal financial support in small business employment generation in Bouddhanath, Kathmandu. The study adopted a descriptive research design. Purposive sampling was used to select 285 business owners. A structured questionnaire was designed to collect their responses. Primary and secondary data was employed to analyze user status. Data analysis was performed with the help of descriptive analysis and a financial support index. The results showed that financial support plays a critical role in the enhancement of the small business sector, allowing businesses to create employment opportunities which further helps to maintain the Nepalese economy. The major challenges to the growth of small businesses in Nepal lie in securing initial funding and overreliance on credit. In addition, the ability to afford quality staff has an equally strong effect on the success of small businesses. Business growth clearly depends on the role of the formal financial sector to achieve the desired outcomes.


2021 ◽  
Vol 73 (4) ◽  
pp. 135-144
Author(s):  
Evgeny G. Vodichev ◽  
◽  

The paper is devoted to the problems of the USSR scientific and technology (S&T) policy during the “Khrushchev’s decade”, presented as part of the macroeconomic policy. The analysis is carried out in the context of economic reforms and experiments implemented in the country. The main components of S&T policy are revealed, the evolution of its structure and content in comparison with the first post-war decade is shown. In the analysis of S&T policy, the main attention is paid to the reflection of the status of science as a driver of economic development in the context of global challenges and the formation of new techno-economic paradigms. The emphasis on the applied function of research and development (R&D) proclaimed in the framework of S&T policy is presented as a reflection of the traditional for the USSR interpretations of the place and role of science in society under new conditions of scientific and technological revolution as a Soviet counter-thesis to the concepts of post-industrial society. The connection of decision-making mechanisms in the field of S&T policy with general line of Khrushchev’s populism, and the emerging practice of “bureaucratic bargaining” is outlined. The basic trends of approaches to planning in science and coordination in the field of R&D are identified, the directions of organisational restructuring in the governing of the scientific and technical complex are shown. It is concluded that S&T policy in the mid-1950s — 1960s remained a function of economic policy, that a unified S&T policy in the country under N. S. Khrushchev had not been formed. At the same time, the return on innovation remained at a low level.


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