Bìznes Inform (Oct 2019)

Small and Medium-Sized Entrepreneurship in Ukraine: Features and Problems of Development

  • Kyzym Mykola O. ,
  • Chechetova-Terashvily Tatyana M.,
  • Khaustova Viktoriia Ye.

DOI
https://doi.org/10.32983/2222-4459-2019-10-301-317
Journal volume & issue
Vol. 10, no. 501
pp. 301 – 317

Abstract

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The article shows that small and medium-sized entrepreneurship (SME) is the backbone of the economies in many developed and developing countries of the world. At the same time, the problem of the growing role of SMEs in the development of Ukraine’s economy is unresolved and extremely relevant, therefore it requires further research. The article is aimed at defining the features and problems of development of small and medium-sized entrepreneurship in Ukraine. To achieve this aim, the article proposes a structural-logical analytical scheme for the development of SMEs in Ukraine, based on the accounting of three main indicators of the activities of SMEs: the volume of products sold (goods, services); the size by the number of employees; the number of enterprises, and allowing to calculate intermediate relative indicators. A methodical approach to the analysis of the status and tendencies of development of SMEs in Ukraine is elaborated. According to this methodical approach and the analytical scheme of research, the article analyzes for the period of 2010/2011-2015/2016: the ratio of large, medium, small and micro-enterprises in Ukraine; dynamics of the share of small enterprises in the total number of enterprises - entities of entrepreneurial activities; dynamics of the number of individuals-entrepreneurs in Ukraine; dynamics of volumes of the products sold by small and medium-sized enterprises; dynamics of SMEs’ performance; dynamics of the share of employed workers in terms of SME; dynamics of the indicators of net profit (loss) of SMEs in Ukraine; financial results of small and medium-sized enterprises’ activities in Ukraine; dynamics of the main indicators of SMEs’ activities; proportion of small and medium-sized enterprises in Ukraine by type of economic activity (TEA); proportion of the number of employed workers in the small and medium-sized enterprises of Ukraine in terms of TEA and according to the overall employment indicators of employees in economic entities; proportion of the volumes of the products (goods, services) sold by small, medium-sized enterprises and individuals - entrepreneurs in the total volume of Ukrainian economic entities and in terms of TEA. The results of the survey concerning obstacles in the development of industrial SMEs of Ukraine are considered.

Keywords