THE ANALYSIS OF DYNAMICS AND IMPACT FACTORS ON HOUSEHOLD INCOME FROM ENTREPRENEURSHIP IN PRESENT-DAY ECONOMIC SITUATION

Journal Title: Сталий розвиток економіки - Year 2016, Vol 30, Issue 1

Abstract

Purpose – assessing the impact of external and internal environment factors upon changes in the dynamics of household income from entrepreneurship in the current economic transformations. Methodology of research. Theoretical and methodological background to the given research is represented by the works of foreign scientists, as well as scientists in this country. In the course of studies general scientific and special methods of scientific research have been used, including the following methods: scientific abstraction, logical analysis (to specify the concept of household income from entrepreneurship and its impact factors), comparative, balance, statistical groupings, graphical (for the analysis and forecasts of revenues of private entrepreneurs), induction and deduction methods (in summarizing the results and forming conclusions). The dialectical and complex approaches have also been used. Findings. The article deals with the main factors of the external and internal environment that influence the value of entrepreneurs’ income in the present-day economy. It has been revealed the greatest impact factors influencing entrepreneurs are such factors of external and internal environment as: tax policy, the level of government support for entrepreneurship, competitive atmosphere, consumers, inflation, technologies and geographical location. The comparative analysis and forecast of the dynamics of household income from private business managing has been provided. The attention is focused on the necessity to minimize the impact of external and internal environment factors on household incomes from entrepreneurship and the need to provide government support for the developing of small-scale business. Originality. Scientific novelty of the paper consists in specifying the concept of income of private entrepreneur. The influence of external and internal environment factors on incomes from entrepreneurship in the current economic situation has been considered and its dynamics has been forecasted. Practical value. The obtained results of the research can be applied to overcoming the negative economic situation in the field of entrepreneurship households within economic transformations connected with the process of European integration.

Authors and Affiliations

Iryna Peryt

Keywords

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  • EP ID EP202018
  • DOI -
  • Views 127
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How To Cite

Iryna Peryt (2016). THE ANALYSIS OF DYNAMICS AND IMPACT FACTORS ON HOUSEHOLD INCOME FROM ENTREPRENEURSHIP IN PRESENT-DAY ECONOMIC SITUATION. Сталий розвиток економіки, 30(1), 214-221. https://europub.co.uk/articles/-A-202018