Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC-CPSLR 2021)

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Improving the Economic Literacy of Entrepreneurs with Technical Competencies

Authors
Magomed Magomedov1, *, Ol’ga Karabanova1, Elena Aleksejcheva1, Elena Kulomzina1
1Moscow City University, Moscow, Russia
Corresponding Author
Magomed Magomedov
Available Online 22 February 2022.
DOI
10.2991/assehr.k.220208.046How to use a DOI?
Keywords
Engineer; Entrepreneurship; Economic competencies; Retraining courses; Quality of products and services provided; Pricing policy
Abstract

Technological entrepreneurship is one of the most critical research areas in the modern economy due to the significant contribution of rapidly growing companies to the economic growth of the country and regions of the world. Identifying factors affecting the success and effectiveness of startups will allow regulating tools to support and stimulate entrepreneurship in high technologies and innovations. The article considers the historical aspect of citizens’ transition with engineering competencies into entrepreneurial activity, their adaptation to market processes. In the study, there is a hypothesis about the importance of economic and managerial education for technological entrepreneurs, entrepreneurs with technical competencies. Attention is drawn to the need for engineers to master economic competencies to improve their work efficiency in entrepreneurship. It is proposed to pay great attention to the full-fledged retraining of engineers to acquire economic competencies in the created courses. Specific measures to solve it are recommended. The necessity of improving the quality of products and services provided by enterprises is substantiated. The importance of conducting an effective pricing policy by an enterprise is considered.

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC-CPSLR 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
22 February 2022
ISBN
978-94-6239-541-1
ISSN
2352-5398
DOI
10.2991/assehr.k.220208.046How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

risenwbib
TY  - CONF
AU  - Magomed Magomedov
AU  - Ol’ga Karabanova
AU  - Elena Aleksejcheva
AU  - Elena Kulomzina
PY  - 2022
DA  - 2022/02/22
TI  - Improving the Economic Literacy of Entrepreneurs with Technical Competencies
BT  - Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC-CPSLR 2021)
PB  - Atlantis Press
SP  - 259
EP  - 263
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220208.046
DO  - 10.2991/assehr.k.220208.046
ID  - Magomedov2022
ER  -