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Global Trends in Small Business Development
Krasnonosova O. M., Cui Zengfeng, , Zhang Lei

Krasnonosova, Olena M. et al. (2023) “Global Trends in Small Business Development.” Business Inform 12:51–58.
https://doi.org/10.32983/2222-4459-2023-12-51-58

Section: Foreign Experience

UDC 33.338.1

Abstract:
The article analyzes the global trends in the development of small business. The world distribution of enterprises according to the size by countries of the world is studied. An analysis of the development of small and medium-sized businesses by countries of the European Union has been carried out, which has made it possible to identify countries in which small business forms the basis of the formation of the gross domestic product of the State. Enterprises are analyzed in terms of size, indicators of value added, employment and the number of enterprises in the context of sectors of the economy. It is substantiated that the change in value added, employment of the population and the number of enterprises in the context of types of business allows to allocate promising directions for investment in the development of entrepreneurship. The trends of development of small business in different countries of the world have been studied, which has made it possible to allocate the regularities of its development and the relevant factors that contribute to stimulating the development of small enterprises. The directions of reconstruction and development of small businesses in countries after military conflicts have made it possible to identify features and commonalities in terms of the State regulation and support for such changes. On the basis of the carried-out study of the international development of small enterprises, similar directions in the State and regional policy of Ukraine regarding the support and stimulation of small enterprises during the wartime have been formed. Taking into account international experience, the main directions for promoting the development of small business in Ukraine in the post-war period are proposed, which will contribute to the overall socioeconomic growth of the regions and the State as a whole.

Keywords: small business, small business development, international experience, competition, State support for small business development, post-war recovery.

Fig.: 3. Tabl.: 2. Bibl.: 9.

Krasnonosova Olena M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Marketing, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]
Cui Zengfeng – Postgraduate Student, Department of Marketing, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
–
Zhang Lei – Postgraduate Student, Department of Marketing, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)

List of references in article

“Number of Small and Medium Sized Enterprises (SMEs) in the European Union in 2022/2023“. https://www.statista.com/statistics/878412/number-of-smes-in-europe-by-size/
“Enterprises by business size“. OECD. https://data.oecd.org/entrepreneur/enterprises-by-business-size.htm
“Glossary: Statistical Classification of Economic Activities in the European Community (NACE)“. eurostat. Statistics Explained. https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Glossary:Statistical_classification_of_economic_activities_in_the_European_Community_(NACE)
Kvasnytsia, O. “Osoblyvosti derzhavnoi pidtrymky maloho biznesu u zarubizhnykh krainakh“ [Peculiarities of State Support for Small Businesses in Foreign Countries]. Svit finansiv. 2012. http://dspace.wunu.edu.ua/bitstream/Особливості%20 державної%20підтримки%20малого%20бізнесу%20у%20зарубіжних%20країнах.pdf.
Diia.Biznes. https://business.diia.gov.ua/
Ofitsiinyi sait ievropeiskoi statystyky. https://www.statista.com/statistics/878412/number-of-smes-in-europe-by-size/
EU4Business. https://eu4business.org.ua/
“Annual report on European SMEs 2018/2019“. https://op.europa.eu/en/publication-detail/-/publication/cadb8188-35b4-11ea-ba6e-01aa75ed71a1/language-en
Ionan, Yu. “Rol pidtrymky MSP u vidnovlenni pisliavoiennoi ekonomiky krain svitu“ [ENGLISH_UA The Role of SME Support in the Recovery of the Post-war Economies of the World]. Ekonomichna pravda. November 22, 2022. https://www.epravda.com.ua/columns/2022/11/22/694090/

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