Special aspects of defining the «medium business» concept in foreign countriesJournal: Vestnik of Institute of Economic Research (Vol.9, No. 1)
Publication Date: 2018-03-01
Authors : Semenov A.A.; Okhrimenko I.Y.;
Page : 45-50
Keywords : entrepreneurship; medium business; national economy; medium-sized enterprise; foreign countries;
The article examines the examples of defining the «medium business» in various countries, analyzes the criteria for business being qualified as medium-sized. The author identifies and justifies the need for a consolidated and clear definition of medium-sized enterprises in the national economy. The author offers recommendations on the formation of the domestic concept of «medium business» based on a comparative analysis of the definitions of medium business by foreign countries.
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