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March 2019 (published: 27.03.2019)
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Sectoral specialization of early stage entrepreneurs in various countries
The relevance of the study is due to the important role played by small and medium entrepreneurship in the vast majority of modern national economies. The aim of the study is to estimate indicators describing the share of entrepreneurs specializing in the main economic activities in the total number of early-stage entrepreneurs in 48 countries. The results of the global entrepreneurship monitoring project for 2018 were used as initial data. Modeling of empirical data and evaluation of differentiation of the considered indicators was based on the development of normal distribution density functions. The obtained functions are of high quality and well describe the investigated regularities. According to the results of modeling, the average values and intervals of specific indicators are established. The largest number of early entrepreneurs specialize in wholesale and retail trade, their share on average in the countries under consideration reaches almost 44%. For most countries, the proportion of entrepreneurs in the industry varies between 28% and 59%. The share of entrepreneurs providing health and education services (15%) and administrative and professional services (14%) is significantly lower. In the course of the study, the lists of countries in which high and low values of the indicators were observed in 2018 were determined. The originality of the work is associated with the assessment of the proportion of entrepreneurs belonging to the nine main industries in the total number of early entrepreneurs in 48 countries. The results of the study can be used in the work on the justification of measures to improve and develop the business sector in our country, to determine the most effective ways to increase the production of goods, works and services by business structures.
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Keywords: entrepreneurship, types of economic activity, countries, monitoring of entrepreneurial activity, early entrepreneurial activity.
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