Trends in the Entrepreneurship Development in the Context of Establishment of the Information Economy in Ukraine

• Main Authors: Shevtsiv Liubov Yu., Senyshyn Bohdana B., Spodaryk Tetiana I.
• Format: Article
• Language: English
• Published: PH "INZHEK" 2019-04-01
• Series: Problemi Ekonomiki
• Subjects: entrepreneurship; small enterprises; cloud services; national and regional level
• Online Access: https://www.problecon.com/export_pdf/problems-of-economy-2019-4_0-pages-55_61.pdf
• ISSN: 2222-0712; 2311-1186

The trends in the entrepreneurship development in the context of establishment of the information economy in Ukraine are investigated. The aim of the research is elaborating strategic directions to stimulate the development of business activity, taking into account the current trends in the context of international and European integration. The article defines the essence of the concepts “entrepreneurship”, “small enterprise”. The main negative factors in the development of Ukrainian small enterprises are systematized, with regard to internal and external factors affecting the creation of favorable conditions for their functioning. Positive trends in the development of small enterprises on the territory of Ukraine at the state and regional level are highlighted. The main reasons for the failures due to which small enterprises cease their operation are identified. One of the reasons is the incompetence of their management staff, which has negative consequences. The changes in the number of small and medium-sized enterprises and the state of development of Ukrainian enterprises during 2010-2018, as well as the stimulating factors that have a direct impact on the expansion of the business sector are analyzed. To facilitate access to information they need, support institutions operating in Ukraine are identified, namely: information and advisory institutions, investment funds and companies. Strategic directions for effective development of Ukrainian small enterprises with use of cloud services are proposed. Theoretical bases for the economic development and support of small enterprises under the international programs COSMO and Horizon 2020 are formed. Using the results of the research, it is determined that small and medium-sized enterprises are developing at a slow pace, one of the reasons being the tax burden, which entails using tax evasion schemes by an enterprise or even ceasing its business activity. Therefore, providing IT infrastructure, reducing tax pressure, creating investment programs through government and foreign financing will help develop and enhance the competitive advantages of small enterprises internationally.