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BUSINESS INFORM №12-2016

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23

Section: Problems of Business
UDC 330.142
Gritsaenko M. I.
Confidence as a Prerequisite for Development of the Entrepreneurial Activity (p. 143 - 148)

The article is aimed at define the role of confidence in creating own business and developing the entrepreneurial activity. The article determines the essence of confidence as the main component of the social capital, which forms the mentality of people, provides a level of their communication and social grouping. Interrelations between estimating the life satisfaction along with the economic situation in the country by the population of Ukraine and GDP per capita, have been analyzed. In addition, models of dependence between the attitude of the Ukrainian population towards the development of private entrepreneurship and the level of confidence to entrepreneurs, as well as between the desire to start their own businesses and different levels of confidence that are combined in the interpersonal and institutional groups, have been built. Based on the study of the positions of Ukraine in the rating on favorableness of conditions for doing business, which is determined by the World Bank annually, as well as considering the plan of action for implementing the best practices of qualitative and effective regulation, as reflected in the methodology of this ranking as to 2016, prospects for further research will be determining directions of institutional changes that will enhance confidence and stimulate development of the social capital in the entrepreneurial activities and society in general.
Keywords: confidence, social capital, entrepreneurial activity, own business, institutional changes
Fig.: 1. Tabl.: 4. Formulae: 2. Bibl.: 11.

Gritsaenko Mykola I. – Candidate of Sciences (Economics), Dmytro Motornyi Tavria State Agrotechnological University (66 Zhukovskoho Str., Zaporizhzhia, 69600, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Gritsaenko, Mykola I. (2016) “Confidence as a Prerequisite for Development of the Entrepreneurial Activity.” Business Inform 12:143–148.


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