APPROACHES TO THE DEFINITION OF ENTREPRENEURSHIP THROUGH THE PRISM OF ECONOMIC THEORY

Abstract

The authors devote the article to the issues of identifying the definition of entrepreneurship in the modern conditions of economic development. One of the most important aspects of ensuring the effective development of the national economy in terms of entrepreneurial activities of small forms of economy is the presence of basic concepts that create the basis for the sustainable formation of strong economic and legal ties between the subjectsof economic relations. The paper presents comparative analysis of the state of the domestic segment of small and medium-sized businesses in comparison with other countries. The study reveals the main problematic aspects of the development of small and medium-sized forms of entrepreneurship in Russia. The article reviews the main definitional approaches of economists to the interpretation of the category of “entrepreneurship”. The authors highlight the most basic aspects characterizing the nature of entrepreneurship and its role in the development of national socio-economic systems.

Keywords

• business
• business activity
• competition
• economic growth
• economic theory
• definition
• large business
• sme