Journal of Entrepreneurship Education (Print ISSN: 1098-8394; Online ISSN: 1528-2651)

Abstract

Entrepreneurship Development and Business Activity in the Russian Federation

Author(s): Aleksandr Chernopyatov, Ludmila Makushenko, Vera Popova, Natalya Antonova

This article attempts to analyze Russian entrepreneurship in terms of development and business activity, as well as its role in national economy, by delving into theoretical and practical basics of national entrepreneurial activity. Russian entrepreneurship development and business activity were compared with alternative ones that are common abroad. This article provides views and opinions expressed by different authors specializing in entrepreneurship, who believe that Russian entrepreneurial activity is highly volatile. Volatility, in fact, significantly affects livelihoods and, accordingly, national economy. In the light of imposed EU-US sanctions and current national situation, this article is particularly relevant. Plural opinions that not always are fair and carefully worded often restrain progress when it comes to such important matter as entrepreneurship. Scientists and media often quote various figures, which, if accrued, distort the picture of entrepreneurial activity in Russia. The novelty of this article is that it, unlike other sources, shows the real entrepreneurship situation in Russia.