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Concepts and Сriteria for the Classification of Small and Medium-sized Business in Russia

Author

Listed:
  • T.A. Skvortsova
  • A.A. Nikitina
  • T.A. Pasikova
  • A.V. Tagaev

Abstract

Purpose: The purpose of the article is to study the concepts and criteria for classifying businesses to the category of Small and Medium-sized business according to the legislation of the Russian Federation. In the course of the study, the authors analyzed the criteria by which the subjects are identified as Small and Medium-sized enterprises and, accordingly, are entitled to receive state support. Design/Methodology/Approach: The authors’ analysis is based on the literature review and statistical data analysis regarding the concept of entrepreurship and its legal background. Findings: The authors presented analytical data on business entities, citizens engaged in entrepreneurial activity, state support of entrepreneurial activity and introduced a conceptual classification benchmark. Practical implications: Authors’ findings could be applied in improving the legal and economic entrepreneurial frameworks of Russia. Originality/Value: The contribution of the article is the authors’ approach in classifying SMEs (Small and Medium-sized entities) and their state support as well as recommendations regarding the entrepreneurial activity and its development.

Suggested Citation

  • T.A. Skvortsova & A.A. Nikitina & T.A. Pasikova & A.V. Tagaev, 2019. "Concepts and Сriteria for the Classification of Small and Medium-sized Business in Russia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 417-425.
    • Handle: RePEc:ers:ijebaa:v:vii:y:2019:i:special1:p:417-425
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    References listed on IDEAS

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    1. T.V. Shatkovskaya & A.A. Solonchenko & Ya.A. Emirsultanov & Yu.A. Naumenko, 2017. "Leading Governments' Legal Initiatives of Innovational Development in the Sphere of Commercialization of Intellectual Products," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 432-442.
    2. Adam Albekov & Natalia Vovchenko & Yevgeniya Medvedkina & Taras Medvedkin, 2017. "Green Economy and Economic Growth: Trends, Challenges and Opportunities for the EU," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 49-62.
    3. T.V. Shatkovskaya & A.A. Solonchenko & Ya.A. Emirsultanov & Yu.A. Naumenko, 2017. "Leading Governments’ Legal Initiatives of Innovational Development in the Sphere of Commercialization of Intellectual Products," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 501-511.
    4. repec:ers:journl:v:v:y:2017:i:1:p:49-62 is not listed on IDEAS
    5. Tatiana Epifanova & Nikolay Romanenko & Tatiana Mosienko & Tatyana Skvortsova & Alexandr Kupchinskiy, 2015. "Modernization of Institutional Environment of Entrepreneurship in Russia for Development of Innovation Initiative in Small Business Structures," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 137-148.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Entrepreneurship; commercial organizations; citizens-entrepreneurs; Small and Medium-sized business; government support for Small and Medium-sized business.;
    All these keywords.

    JEL classification:

    • K19 - Law and Economics - - Basic Areas of Law - - - Other
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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