The role of entrepreneurship in the economic development of the country

Zhanna Krysko


Introduction.  In all countries of the world, entrepreneurship is considered to be a universal tool for the participation of citizens in the economic life of the country, an important factor of economic growth, job creation, structural adjustment aimed at strengthening the economy. By creating small and medium-sized business structures, entrepreneurs provide themselves with work and income, higher than they could receive, when in the category of employees, and, in addition, they create new goods and services, which allows expanding the economic opportunities of both the region and the state in general.

The goal of the article is to study the role of entrepreneurship in the socio-economic development of the country, as well as outline ways to improve the policy of regulation and support of small enterprises in the regional economy.

Methods. The methods of economic, systemic, structural analysis and generalization are used.

Results. Entrepreneurial activity in Ukraine has been analyzed, trends in the development of small and medium-sized enterprises under the influence of a favorable business climate were considered by means of the analysis of the dynamics of economic entities development based on the statistical data. It is proved that the birth and development of entrepreneurship is a complex socio-economic phenomenon and is determined by deep changes in the field of socio-cultural relations that arise as its result. At the same time, the change of such relations affects all key aspects of people's lives: social life; moral and ethical norms; mentality; spiritual and material values; norms of socio-economic behavior. It has been established that in modern economic conditions, regional leaders assign a significant role to medium and small enterprises, which, thanks to their flexibility, are more adapted to constantly changing market conditions. The management of territorial communities, using complex and systematic measures to create a favorable environment, contributes to increasing the competitiveness of regional medium and small enterprises that are able to compete with large companies.


entrepreneurship; economical development; competitiveness; market conditions; entrepreneur

Full Text:



«Analiz rynkiv» vid від YouControl. Retrieved from: [in Ukrainian].

Hospodarskyi Kodeks Ukrainy : Zakon Ukrainy vid 16.01.2003 № 436-IV. Retrieved from: [in Ukrainian].

Dryha, A. (2017). Teoretychni osnovy rozbudovy efektyvnoi systemy pidpryiemnytstva v Ukraini [Theoretical foundations of building an effective system of entrepreneurship in Ukraine]. Visnyk KNTEU, 6, 5-14. [in Ukrainian].

Krysko, Zh. L. (2021). Sotsialno-ekonomichne blahopoluchchia yak zaporuka uspishnoho rozvytku pidpryiemnytstva [Socio-economic well-being as a key to the successful development of entrepreneurship]. Upravlinnia resursnym zabezpechenniam hospodarskoi diialnosti pidpryiemstv realnoho sektoru ekonomiky: materialy VI Vseukr. nauk.-prakt. internet-konferentsii z mizhnarodnoiu uchastiu [m. Poltava, 17 lystopada 2021 r.]. Poltava: PDAU. 50-51. [in Ukrainian].

Krysko, Zh. L. (2021). Pidtrymka rozvytku pidpryiemnytstva dlia aktyvizatsii ekonomichnoi diialnosti hromady [Support for the development of entrepreneurship to activate the economic activity of the community]. Aktualni problemy menedzhmentu ta publichnoho upravlinnia v umovakh innovatsiinoho rozvytku ekonomiky: materialy dop. Vseukr. nauk.-prakt. internet-konf. z mizhnarodnoiu uchastiu [m. Ternopil, traven 2021 r.] Ternopil: WUNU. 101-103. [in Ukrainian].

Nazarkevych, O. B., Karpiak, M. O., and Popadynets, N. M. (2019). Inkliuzyvnyi rozvytok maloho pidpryiemnytstva v silskykh terytorialnykh hromadakh [Inclusive development of small business in rural territorial communities]. Mizhnarodnyi naukovyi zhurnal «Internauka». Seriia: «Ekonomichni nauky», 11, 125-131 [in Ukrainian].

Ofis rozvytku maloho ta serednoho pidpryiemnytstva. Retrieved from: [in Ukrainian].

Ofitsiinyi sait Derzhavnoi sluzhby statystyky Ukrainy. Retrieved from:

Ofitsiinyi sait Ternopilskoi oblasnoi derzhavnoi administratsii. Retrieved from:

Pro rozvytok ta derzhavnu pidtrymku maloho ta serednoho pidpryiemnytstva v Ukraini : Zakon Ukrainy vid 22.03.2012 r. № 4618-VI. Verkhovna Rada Ukrainy. Retrieved from: [in Ukrainian].

Proiekt z pidtrymky maloho ta serednoho pidpryiemnytstva u Ternopilskii hromadi. Retrieved from: [in Ukrainian].

Stratehiia rozvytku Ternopilskoi oblasti na 2021-2027 roky ta Plan zakhodiv z yii realizatsii u 2021-2023 rokakh. Ternopil: Ternopilska oblasna derzhavna administratsiia. [in Ukrainian].


Article Metrics

Metrics Loading ...

Metrics powered by PLOS ALM


  • There are currently no refbacks.

Copyright (c)

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.


Articles are distributed under Creative Commons Attribution  International 4.0 (CC-BY-NC 4.0) 

Science Works Journal "Ekonomichnyy analiz"

ISSN 1993-0259 (Print)  ISSN 2219-4649 (Online) DOI: 10.35774/econa

© West Ukrainian National University

© «Ekonomichnyy analiz», 2007-2023