Estimation of fixed capital investment in Russian small enterprises and microenterprises in 2018
Keywords:
Small enterprises, microenterprises, size categories, investment into fixed capital, types of economic activity, regions
Abstract
The purpose of this work is the assessment of the investments into fixed capital of small enterprises and microenterprises and influence on investment such factors as size categories, types of economic activity and territorial placement. The comparative analysis of small enterprises and microenterprises investments is based on relative indicators, which are calculated per enterprise and per worker. The research was conducted with the usage of the official statistical information obtained in the course of observation activity of the enterprises in 2018. Modeling of empirical data was based on functions of normal distribution. We defined the values investments in small enterprises and microenterprises which are located in 82 regions and related to two categories and sixteen types of activity. We revealed regularities of distribution of investments calculated per enterprise and per worker, and identified the regions with the lowest investments in small enterprises and microenterprises. New knowledge of the investment in the fixed capital in the Russian small enterprises and microenterprises was achieved. Proposed information and tools are applicable for justification of the investments can be used for the small enterprises and microenterprises development.
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References
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Baumol, W.J. (2004). Entrepreneurial enterprises, large established firms and other components of the free-market growth machine. Small Business Economics, 23(1), pp. 9-21.
Bogomolova, L.L. and I.V. Takmasheva (2016). Economic evaluation of the structure of investments in fixed capital of small business of the northern region. Administration of Economic Systems: On-line research journal, 10, pp. 20-31.
Choi, K.S. and J. Choi (2015). Small and Medium Business and Investment Decision, Indian Journal of Science and Technology, 8(24), pp. 1-6.
Decker, R., Haltiwanger, J., Jarmin, R. and J. Miranda (2014). The Role of Entrepreneurship in US Job Creation and Economic Dynamism. Journal of Economic Perspectives, 28(3), pp. 3-24.
Federal State Statistics Service. (2019). Electronic resource: http://www.gks.ru/bgd/regl/b15_14p/Main.htm.
Gmurman, V.E. (2003). Theory of probability and mathematical statistic, High school, Moscow.
Gnevko, V.A. (Ed.) (2010). Regional aspects of small business functioning and development of in Russia, Publishing House of St. Petersburg Academy of Management and Economics, St. Petersburg.
Heinhold, I. and K.W. Gaede (1964). Ingenieur statistic. Springer, Munchen, Wien.
Hodasevich, G.B. (2017). Work on the experimental data on EVM. Base definitions and operations work on the experimental data. Electronic resource: http://opds.sut.ru/old/electronic_manuals/oed/f02.htm .
Jenish, N. And I.R. Prucha (2009). Central limit theorems and uniform laws of large numbers for arrays of random fields. Journal of Econometrics, 150(1), pp. 86-98.
Khulkhachieva, G.D. (2017). The analysis of current trends and directions of the state support of agriculture of Russia in the conditions of the imposed bilateral sanctions. Bulletin of the NGIEI, 3(70), pp. 134-142.
Kiseleva, O., Lebedev, A., Pinkovetskaia, I., Rojas-Bahamón, M.J. and Campillo, D. Arbeláez (2019). Specialization and concentration of small and medium enterprises employees: Russian data. Revista Amazonia Investiga, 8(20), pp. 6-15.
Korneyko, O.V. Sankler, K.V. and A.N. Nasyrov (2018). El seguro telemático como herramienta para mejorar la seguridad vial en el contexto del mercado ruso de autoaseguro. Revista Amazonia Investiga, 7(15), pp. 84-90.
Kramer, G. (1962). Mathematical methods of statistic, Princeton University Press.
Lewandowska, A., Stopa, M. and G. Hummenny (2015). The European Union Structural Funds and Regional Development. The Perspective of SMEs in Eastern Poland. European Planning Studies, 23(4), pp. 785-797.
Noreen, V.G. (2014). Investments into small and medium business as factor of development of tor of the Far East of the Russian Federation. Improvement of mechanisms of development of innovative economy of Russia and its Far East territories: The collection of articles on materials of the international scientific and practical correspondence conference. Khabarovsk state academy of economy and right (Khabarovsk), pp. 85-90.
Novikov, S. V., and Prosvirina, N. V. (2019). Сlasificación de los clústers en la economía moderna de la innovación. Revista Amazonia Investiga, 8(19), pp. 620-630.
Pichler, J.H., Pleitner, H.J. and K.H. Schmidt (2000). Management in KMU. Die Fuhrung von Klein- und Mittelunternehmen, Haupt Verlag.
Pinkovetskaia, I.S. (2015). Methodology of research indicators of work entrepreneurial structures. Works of Corel science centre RAN, 3, pp. 83-92.
Poire, M. and C. Sabel (1984). The Second Divide: Possibilities for Prosperity, Basic Books, New York.
Russian Federation (2016). The strategy of development of small and average business in the
Russian Federation until 2030: Order of the Government of June 2, 2016 No. 1083- r/Russian Federation Code, No. 24, Art. 3549.
Schroder, C. and S. Yitzhak (2014). Reasonable sample sizes for convergence to normality, Berlin, SOEPpapers on Multidisciplinary Panel Data Research at DIW Berlin, 714, pp. 1- 9.
Simon-Moya, V., Revuelto-Taboada, L. and D. Ribeiro-Soriano (2016). Influence of economic crisis on new SME survival: reality or fiction?, Entrepreneurship and Regional Development, 28(1-2), pp. 157-176.
Skuras, D. Tsegenidi, K. and K. Tsekouras (2008). Product innovation and the decision to invest in fixed capital assets: Evidence from an SME survey in six European Union member states. Research Policy, 37(10), pp. 1778-1789.
SME Bank (2015). Development of small and average business, Foreign experience, Moscow.
Sollner, R. (2014). The economic importance of small and medium-sized enterprises in Germany. Wirtschaft und Statistik, January, pp. 40-51.
Venttsel, E. (2001). Probability theory, The higher school, Moscow.
Wu, J., Song, J. and C. Zeng (2008). An Empirical Evidence of Small Business Financing in China. Management Research News, 31(12), pp. 959-975.
Published
2019-08-31
How to Cite
Pinkovetskaia, I., Nuretdinova, Y., Treskova, T., & Neif, N. (2019). Estimation of fixed capital investment in Russian small enterprises and microenterprises in 2018. Amazonia Investiga, 8(21), 42-51. Retrieved from https://www.amazoniainvestiga.info/index.php/amazonia/article/view/46
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