Entrepreneurship as the Resource for Re-industrialization

DOI

10.2991/sicni-18.2019.128How to use a DOI?

Keywords

entrepreneurs, innovative economy, re-industrialization, small and medium-sized businesses, youth

Abstract

The article deals with the entrepreneurs’ activities as the key factor for re-industrialization. On the basis of two regional sociological studies, analysis of both existing and potential entrepreneurs’ activities of small and medium-sized businesses in Sverdlovsk region is introduced. Difficulties experienced by modern small and medium-sized businesses, areas which entrepreneurs focus on, and issues of attitude to entrepreneurship in modern society are discussed. The trend towards positive attitude to entrepreneurship among younger generation is revealed. Important problems which entrepreneurs face today, both financial (high taxes, annual tax increase, high interest rates, complexities of getting microloans) and economic (current economic crisis, decline in living standards) are considered. The study proves that modern entrepreneurs and young people of Sverdlovsk region consider trade and service industries more promising for starting a business in comparison to production. The study allows predicting difficulties in regional industrial economic rebirth as part of re-industrialization process. Promotion of youth entrepreneurship can definitely contribute to the regional entrepreneurial activities’ development. To help with this process young people must be better informed about challenges and opportunities of entrepreneurial activity and guided through the early stages of starting a business. Social policy measures for youth entrepreneurship development, introduced in the article, contribute to a successful process of re-industrialization

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Elena Zaborova
AU  - Mikhail Kleymenov
AU  - Elena Makarova
PY  - 2019/01
DA  - 2019/01
TI  - Entrepreneurship as the Resource for Re-industrialization
BT  - Proceedings of the 2nd International Scientific conference on New Industrialization: Global, national, regional dimension (SICNI 2018)
PB  - Atlantis Press
SP  - 634
EP  - 638
SN  - 2352-5398
UR  - https://doi.org/10.2991/sicni-18.2019.128
DO  - 10.2991/sicni-18.2019.128
ID  - Zaborova2019/01
ER  -