DEVELOPMENT DETERMINANTS OF SMALL AND MEDIUM-SIZED ENTERPRISES: A CASE STUDY OF UKRAINE
Keywords:
small and medium-sized business, regions, number of enterprises, employment, innovation, challenges and barriersAbstract
This article explores the repercussions of the war on small and medium-sized enterprises (SMEs) in Ukraine, focusing on their status at the end of 2023. Additionally, it provides region-specific insights, acknowledging that the impact of military actions varied across different areas of the country. The assessment highlights the main challenges, obstacles, and risks that have hindered business growth. It also evaluates the needs and priorities of small businesses for Ukraine’s recovery after the war, which could play a crucial role in the nation’s broader societal recovery.
References
V. Maksimov, S. Lu Wang, Y. Luo. Reducing poverty in the least developed countries: The role of small and medium enterprises, Journal of World Business, vol.52, 2017. URL: https://www.sciencedirect.com/science/article/abs/pii/S1090951616302656
Assessment of the Impact of the War on Micro-, Small-, and Medium-sized Enterprises in Ukraine. URL: https://www.undp.org/ukraine/publications/assessment-wars-impact-micro-small-and-medium-enterprises-ukraine
Problems of small and medium-sized businesses: an expert's view. URL: https://appu.org.ua/main-news/problemi-malogo-ta-serednogo-biznesu-poglyad-eksperta/
L. Yatsenko Problems of the development of small and medium-sized businesses in Ukraine as the main source of jobs. URL: https://niss.gov.ua/doslidzhennya/sotsialna-polityka/problemy-rozvytku-maloho-ta-serednoho-biznesu-v-ukrayini-yak
V. Vasiuta, V. Lobas, O. Zubko. Current problems of small business development in Ukraine. Galician economic journal. No 2 (87), 2024. URL: https://galicianvisnyk.tntu.edu.ua/pdf/87/1300.pdf).
