Regional Economics: Theory and Practice
 

The role of small manufacturing enterprises in the economy of the Vologda oblast

Vol. 15, Iss. 4, APRIL 2017

PDF  Article PDF Version

Received: 10 August 2016

Received in revised form: 5 September 2016

Accepted: 31 October 2016

Available online: 16 April 2017

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: O14, R11, R58

Pages: 706-716

https://doi.org/10.24891/re.15.4.706

Rakov V.A. Vologda State University, Vologda, Russian Federation
vyacheslav.rakov@mail.ru

Belov S.S. Vologda State University, Vologda, Russian Federation
belov-sergei-s@mail.ru

Rakova S.S. Department of Pension Fund of Russian Federation in Vologda Oblast, Vologda, Russian Federation
ss_rakova@mail.ru

Importance The article deals with the issues of the Vologda oblast economy's development, considering the role of small industrial enterprises in the oblast's budget revenues and the economy as a whole.
Objectives The article aims to search for ways of sustainable development of the oblast's economy, primarily due to the development of small forms of industrial enterprises.
Methods For the study, we used a statistical method of analysis of economic indicators, and the deductive method to find the reasons for the slow development of the oblast's industrial production and ways to properly meet the challenges.
Results The article presents the results of the analysis of the economic performance of small industrial enterprises of the Vologda oblast over the past five years, and the development of knowledge-based manufacturing enterprises, as well. The paper shows the main ways to solve certain problems from the standpoint of the Vologda oblast Government. Considering the case of China, the article studies the foreign experience in the successful target achievement. As well, the paper offers certain recommendations on the problems solution.
Conclusions The article concludes that low demand for industrial products of regional producers has certain reasons which is backed by concrete examples.

Keywords: production, economic development, trade, small business, Internet retail

References:

  1. Lukin E.V. [Region's industry: the state and problems of development]. Problemy razvitiya territorii = Problems of Territory's Development, 2015, no. 1, pp. 37–48. (In Russ.)
  2. Larionov A.O. [Evaluation of the industrial potential of a region]. Problemy razvitiya territorii = Problems of Territory's Development, 2015, no. 2, pp. 45–61. (In Russ.)
  3. Vokhmyanin I.A. [Competitive Advantages of Economic Sectors in the Vologda Oblast]. Voprosy territorial'nogo razvitiya, 2016, no. 2(32). (In Russ.) Available at: http://vtr.isert-ran.ru/article/1820.
  4. Yakushev N.O. [Trends in export activities of the Vologda oblast in the CIS]. Веснік БДУ. Серыя 3: Гісторыя. Эканоміка. Права, 2016, no. 1, pp. 60–66. (In Russ.)
  5. Khalikov M. [Strategy of socio-economic development in the context of inversion concept]. Gosudarstvennaya sluzhba = Public Administration, 2016, no. 1, pp. 95–100. (In Russ.)
  6. Larionov A.O. [On the question of the need to assess the diversification potential of the region's industry]. Sovremennye nauchnye issledovaniya i innovatsii, 2014, no. 3. (In Russ.) Available at: http://web.snauka.ru/issues/2014/03/32264.
  7. Sokolov A.P., Prudnikov V.V. [Priority directions of strategic development of the Vologda oblast]. Ekonomika i predprinimatel'stvo = Economy and Entrepreneurship, 2014, no. 9, pp. 382–385. (In Russ.)
  8. Miloslavskaya M.M. [Improving the organizational and economic conditions of the diversification of domestic industrial production]. Voprosy regional'noi ekonomiki = Problems of Regional Economy, 2012, vol. 10, no. 1, pp. 24–31. (In Russ.)
  9. Makoveev V.N. [Factors of innovative development of the engineering industry of a region]. Voprosy territorial'nogo razvitiya = Territorial Development Issues, 2014, no. 10. Available at: http://vtr.isert-ran.ru/article/1454/full. (In Russ.)
  10. Uskova T.V., Kopasova S.S. [Diversification of the region's economy is the most important condition for improving the economy competitiveness]. Problemy razvitiya territorii = Problems of Territory's Development, 2007, no. 5, pp. 27–35. (In Russ.)
  11. Mazilov E.A. [The export potential of small and medium-sized enterprises]. Problemy razvitiya territorii = Problems of Territory's Development, 2015, no. 5, pp. 26–35. (In Russ.)
  12. Lukin E.V., Larionov A.O. [Factors of economic growth]. Voprosy territorial'nogo razvitiya = Territorial Development Issues, 2016, no. 2, pp. 1–8. (In Russ.)
  13. Aleksandrova A.V., Aletdinova A.A., Baikov E.A., Belov S.S., Rakov V.A. et al. Innovatsii i importozameshchenie v promyshlennosti: ekonomika, teoriya i praktika. Monografiya [Innovation and import substitution in the industry: economics, theory and practice: a monograph]. St. Petersburg, Polytechnic University Publ., 2015, 439 p.
  14. Mazilov E.A. [Assessment of the Vologda oblast enterprises' capacity to ensure import substitution]. Molodoi uchenyi = Young Scientist, 2014, no. 19, pp. 330–333. (In Russ.)
  15. Egorova N.E. et al. [A statistical analysis of the factors of small business' development: Evidence from China]. Prikladnaya ekonometrika = Journal of Applied Econometrics, 2009, no. 3, pp. 3–15. (In Russ.)
  16. Davydova A.A. [Foreign economic activity of the Vologda oblast]. Ekonomika i sotsium, 2014, no. 4-2, pp. 896–900. (In Russ.) Available at: http://iupr.ru/domains_data/files/zurnal_13_2014/Davydova%20A.A..pdf.
  17. Lukovtseva A.K. [Foreign experience of organization and development of small and medium-sized innovative businesses]. Audit i finansovyi analiz = Audit and Financial Analysis, 2011, no. 1, pp. 374–377. (In Russ.)
  18. Bondarskaya O.V. [Systematization of foreign experience in the development of small areas]. Sotsial'no-ekonomicheskie yavleniya i protsessy = Socio-Economic Phenomena and Processes, 2015, vol. 10, no. 5, pp. 15–19. (In Russ.)
  19. Romanov A.A., Rumyantseva Yu.S. [The domestic online retail: Realities and prospects]. ETAP: ekonomicheskaya teoriya, analiz, praktika = ETAP: Economic Theory, Analysis, and Practice, 2011, no. 5, pp. 133–146. (In Russ.)

View all articles of issue

 

ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

Journal current issue

Vol. 16, Iss. 8
August 2018

Archive