Factors of Entrepreneurial Activity in Russia: Institutions or Location

Zemtsov, S.; Barinova, V.; Tsareva, J.

Авторы: Zemtsov S., Barinova V., Tsareva J.
Сборник: Great Regional Awakenings: New Directions
Тезисы
Год издания: 2017
Место издания: Regional Studies Association Dublin
Первая страница: 242
Аннотация: The purpose of our work was to determine the main factors of entrepreneurial activity in the Russian regions. We hypothesized that in large developing countries geographical position of a region (e.g., proximity to major markets) may be more or equally important for entrepreneurship than its institutional development. We have chosen the number of small businesses per labour force as a dependent variable. Our database contains institutional indicators, characteristics of geographical position and availability and quality of human capital. The period was divided into two sub-periods 1998-2007 and 2008-2014 due to changes in statistics. In both periods, business activity was higher in those regions, which had higher activity previously as a form of path dependency. Entrepreneurial activity in the neighbouring regions had a positive impact on small enterprises’ development; it can be associated with entrepreneurial knowledge spillovers. Investment risks and availability of human capital played the most important role during the period of economic growth (1998-2007). In the second period, when the economy was in stagnation, the risks became interregional rather than regional (sanctions, economic downturn), and regional conditions equalized. In the second period, the unemployment rate became a negative factor as an indicator of the declining purchasing power. And market accessibility and access to banks became important. It can be concluded that institutional conditions are much more important than geographical position, but in the period of economic stagnation, geographical factors can be as important as institutional.
Добавил в систему: Земцов Степан Петрович

	ИСТИНА	Войти в систему Регистрация
	ИПМех РАН
	Главная Поиск Статистика О проекте Помощь

ИСТИНА

ИПМех РАН

Factors of Entrepreneurial Activity in Russia: Institutions or Locationтезисы доклада

Прикрепленные файлы