Development peculiarities of agrarian entrepreneurship in Ukraine

Abstract

The article reveals the concept of entrepreneurship as an independent activity carried out by economic entities with the aim of obtaining profit and achieving social results. Successful development of entrepreneurial activity depends on its effectiveness and efficiency. The essence and meaning of the concepts of development, effectiveness and efficiency are characterized. The main indicators of the activity of large, medium and small agricultural, forestry and fishery enterprises are analyzed: the dynamics of the number of operating enterprises by their size, the dynamics of employment, of the amount of wages, of economic, investment and financial activities of enterprises. During the period under study, there is an increase in the number of large and small agricultural, forestry and fishery enterprises, whereas the number of medium-sized enterprises decreases. All enterprises, in terms of size, are profitable. However, the level of profitability of all enterprises is decreasing. The indices of development, effectiveness and efficiency of large, medium and small agricultural, forestry and fishery enterprises are calculated in accordance with the selected indicators. The findings show that enterprises, regardless of their size, should pay considerable attention to increasing the level of profitability of sales and equity capital. An integral assessment of large, medium and small agricultural, forestry and fishery enterprises is carried out in terms of their competitiveness and prospects for future development. The article suggests that all enterprises in terms of size have significant internal potential for development. Yet, according to the indicator of the integrated index of efficiency, medium and small enterprises are inferior to large enterprises. The study offers proposals for increasing the effectiveness and efficiency of all enterprises by size.