Youth innovative entrepreneurship under digitalization of economics: analysis of foreign experience in assessing the effectiveness of support
Economic Annals-ХХI: Volume 193, Issue (9-10), Pages: 34-44
Citation information:
Sokolov, M., Marushko, D., Zhigun, L., Morozov, I., & Surilov, M. (2021). Youth innovative entrepreneurship under digitalization of economics: analysis of foreign experience in assessing the effectiveness of support. Economic Annals-XXI, 193(9-10), 34-44. doi: https://doi.org/10.21003/ea.V193-04
Maxim Sokolov
PhD (Economics),
Associate Professor,
Plekhanov Russian University of Economics
36 Stremyanny Ln., room 529, Moscow, 115093, Russian Federation
Sokolov.MS@rea.ru
ORCID ID: https://orcid.org/0000-0003-4406-050X
Dmitry Marushko
PhD (Economics),
Associate Professor,
Dean, Faculty of Digital Economy,
Belarus State Economic University
26 Partizansky Ave., Minsk, 220070, Republic of Belarus
marushka@bseu.by
ORCID ID: https://orcid.org/0000-0003-2323-8591
Leonid Zhigun
D.Sc. (Economics),
Associate Professor,
Plekhanov Russian University of Economics
36 Stremyanny Ln., room 529, Moscow, 115093, Russian Federation
ZHigun.LA@rea.ru
ORCID ID: https://orcid.org/0000-0002-7751-4144
Ivan Morozov
PhD (Economics),
Associate Professor,
Department of State and Municipal Administration,
Plekhanov Russian University of Economics
36 Stremyanny Ln., room 529, Moscow, 115093, Russian Federation
Morozov.IV@rea.ru
ORCID ID: https://orcid.org/0000-0001-8354-2902
Meir Surilov
PhD (Economics),
Associate Professor,
Plekhanov Russian University of Economics
36 Stremyanny Ln., room 529, Moscow, 115093, Russian Federation
Surilov.MN@rea.ru
ORCID ID: https://orcid.org/0000-0002-8234-440X
Youth innovative entrepreneurship under digitalization of economics: analysis of foreign experience in assessing the effectiveness of support
Abstract. In the international sense, the digital economy is a network, systemically organized spatial structure of relations between economic entities. It includes the sector of creation and use of new information, technologies and products, telecommunications services, electronic business, electronic commerce, electronic markets, remote services and the like. There are different views on what should and should not be attributed to the digital economy. Initially, it was assumed that this is an expanded concept of the Internet economy, which includes neighboring market segments. This understanding has been revised in recent years, as many industries, including the «real industry», are undergoing a digital transformation. The process covers retail, passenger and cargo transportation, tourism, industry, agriculture, catering, hotel business, medicine, public administration. The enterprises of these industries, which caught the trend and started changes, become, in fact, Internet companies.
The purpose of the work is to analyze the past experience of supporting young entrepreneurs in the context of state subsidy and financing programs.
In the course of the work, the task is to analyze the foreign experience of supporting young entrepreneurs and its implementation in Russia using international experience in conditions of new digital economy.
The results of the work will be useful for analyzing the impact of support mechanisms for start-up entrepreneurs in the CIS.
Keywords: Economics; Economic Analysis; Entrepreneurship; Youth; Subsidy
JEL Classіfіcatіon: М21
Acknowledgements and Funding: The reported study was funded by RFBR and BRFBR, project number 20-514-00005.
Contribution: The authors contributed personally to this work.
Data Availability Statement: The dataset is available from the authors upon request.
DOI: https://doi.org/10.21003/ea.V193-04
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Received 6.07.2021
Received in revised form 19.08.2021
Accepted 27.08.2021
Available online 19.10.2021