Regional Economics: Theory and Practice
 

Developing the methods to assess the entrepreneurial potential of small enterprises in regional economy

Vol. 16, Iss. 6, JUNE 2018

Received: 6 February 2018

Received in revised form: 22 March 2018

Accepted: 15 April 2018

Available online: 15 June 2018

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: R11, R15, R59

Pages: 1065–1081

https://doi.org/10.24891/re.16.6.1065

Baranov M.A. Perm State National Research University, Perm, Russian Federation
Mark.baranow@gmail.com

ORCID id: not available

Importance The article addresses economic and management relations arising in the process of assessment of small enterprises’ entrepreneurial potential in regional economy.
Objectives The aim of the study is to improve the methodology for assessment of small businesses’ entrepreneurial potential in regional economy and to provide the said assessment for small enterprises operating in the Volga Federal District.
Methods The study employs data aggregation, analysis of statistical information, and general scientific methods, like induction, deduction, synthesis, abstraction.
Results The article includes a definition of entrepreneurial potential of small enterprises in regional economy and describes their functions. I offer certain methods and use them to assess the entrepreneurial potential of small businesses of the Volga Federal District.
Conclusions Small enterprises make a strong contribution to the economic development of regions of the Volga Federal District. However, many regions have unrealized entrepreneurial potential. The findings may be useful for further studies, and for government authorities or organizations involved in small enterprise sector development at the macroeconomic level.

Keywords: small enterprises, entrepreneurial potential, assessment, federal district

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