Strategies of the Development of Entrepreneurship and SME
Strategies of the Development of Entrepreneurship and SME
Strategies of the Development of Entrepreneurship and SME
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<strong>the</strong> agricultural industryDomesticdem<strong>and</strong>• Low income country -not many can afford <strong>the</strong>trips• Relatively to Turkey<strong>and</strong> o<strong>the</strong>r tourismoriented countries <strong>and</strong>regions <strong>the</strong> quality <strong>of</strong>services <strong>and</strong> products isra<strong>the</strong>r low• The growing number <strong>of</strong>rich people in <strong>the</strong> country• There is a tradition from<strong>the</strong> Soviet times to havevacations on a sea cost• Support awareness <strong>of</strong><strong>SME</strong> products <strong>and</strong> servicesinside <strong>the</strong> country byintroducing new TV <strong>and</strong>radio advertisingprograms; sponsor <strong>the</strong><strong>SME</strong> advertisingGlobal dem<strong>and</strong> • Internationalcompetition would besharp especially withBulgaria, Greece <strong>and</strong>Turkey with <strong>the</strong> similarclimate <strong>and</strong> even moredeveloped structure <strong>of</strong>industries<strong>SME</strong> strategy,structure <strong>and</strong>rivalry• Corruption <strong>and</strong>shadow economy• <strong>SME</strong> sector <strong>and</strong> itsinternal rivalry isunderdeveloped• No strategy for <strong>the</strong>gradual change inprotectionist policy on astate level• No clear strategy <strong>of</strong> a<strong>SME</strong> sector regardingcompetition with Turkey,Greece <strong>and</strong> Bulgaria in<strong>the</strong> tourism relatedindustries• Economic growth <strong>and</strong>increasing size <strong>of</strong> <strong>the</strong>middle class <strong>and</strong> market inRussia• Enlarging EU community• Low barriers for exit <strong>and</strong>growing state support couldbe an attractive feature <strong>of</strong><strong>the</strong> <strong>SME</strong> sector in Ukraine• Support awareness <strong>of</strong>domestic <strong>SME</strong> products<strong>and</strong> services abroad trough<strong>the</strong> sponsorship <strong>of</strong> <strong>the</strong>irparticipation ininternational exhibitions• Develop <strong>the</strong> strategyfor gradual adjustment <strong>of</strong>protectionism <strong>and</strong>stimulation <strong>of</strong> competitionin <strong>the</strong> Black Seaterritories <strong>of</strong> <strong>the</strong> countryAppendix: Data used for <strong>the</strong> analysisMoldovaNational Bureau <strong>of</strong> Statistics: http://www.statistica.md/dates.php?lang=enUNECE: http://www.unece.org/indust/sme/moldova.htmUN: http://unstats.un.org/unsd/industry/meetings/eg2005/AC105-22.PDFRussiaRussian <strong>SME</strong> Resource Center: http://www.rcsme.ru/American-Russian Business Council: http://www.russiancouncil.org/reports/Hell1.htmRussian Micr<strong>of</strong>inance Center: http://www.rmcenter.ru/en/news/detail.php?ID=2342Federal State Statistics Service: http://www.gks.ru/wps/portal/englishUkraineWorld Bank:http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/UKRAINEEXTN/0,,menuPK:328560~pagePK:64026187~piPK:141126~<strong>the</strong>SitePK:328533,00.htmlUNRCE: http://www.unece.org/indust/sme/ukraine.htmState Statistic Committee <strong>of</strong> Ukraine: http://www.ukrstat.gov.ua/References:1. Adizes, I. 1989, Corporate Lifecycles: How <strong>and</strong> Why Corporations Grow <strong>and</strong> Die <strong>and</strong> What to DoAbout It, Prentice-Hall, Englewood Cliffs, New Jersey.2. Davis, H. <strong>and</strong> Ellis, P., 2000. Porter’s Competitive Advantage <strong>of</strong> Nations: Time for <strong>the</strong> finalJudgment? Journal <strong>of</strong> Management Studies 37(8), 2000, 1189-1213.83
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