Sochi Journal of Economy

202-219

Authors: Kowo Solomon Akpoviroro, Akinbola Olufemi Amos, Oyedele Ola Olusegun

The cornerstone of entrepreneurship is Entrepreneurial Orientation (EO) and it is one of the significant predictors of SMEs performance. The concept of EO has been widely discussed through previous studies in entrepreneurship, so it can be considered as one of the main topics in this field, and the most commonly used measure of entrepreneurial behavior or inclination in strategies and entrepreneurship studies. EO has emerged as an area of research, and EO impact studies have become a sub-field in Entrepreneurship Education research. The objectives of the study were to determine the effect of organizational learning (OL) on SMEs performance and also to examine the effect of innovative performance on EO.The study population refers to the managers of SMEs registered with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in Lagos State, Nigeria. Analysis of variance (ANOVA), correlation efficiency, and regression analysis was employed. The research found that EO affects organizational learning in an SME context. EO has a strong effect on learning and expands learning scope by encouraging companies to challenge the status quo and to make it more flexible and alter the way they work. There is a significant and positive relationship between entrepreneurial orientation and organizational learning within firms because it was revealed that entrepreneurial orientation has different impacts on the individual components of strategic learning. Moreover, the results of the study indicated that EO affects innovative performance. Entrepreneurialism significantly affects innovation and performance. Innovativeness, proactiveness and risk-taking have a strong impact on creating innovation, and entrepreneurial activity which enhances innovative behavior.The study recommends that SMEs in Nigeria should be more proactive in developing strategies, improving operations, and paying attention to entrepreneurial orientation and organizational learning. Entrepreneurial orientation behaviors should be strengthened within SMEs, and should take advantage of the outputs in order to develop organizational learning processes, creative performance, corporate performance, improved decision-making processes, and adaptation to a rapidly changing work environment. Additionally, managers of these enterprises should encourage risk-taking in new initiatives and project planning processes.

229-235

Authors: Alla Yu. Baranova, Emil L. Varvashtian

Switzerland is one of the world's economic centers, as it occupies the traditional position of an independent and absolutely neutral state in the very core of Europe. Well-established political stability and dynamic growth distinguish the country and attract more and more investments into it. Today, about 35 % of the world's assets owned by individuals are placed on deposits in Swiss banks. At the same time, the economy of the Russian Federation is subject to constant fluctuations and is characterized by a low level of reliability. The Russian ruble is not even close to the Swiss franc in terms of the stability of its exchange rate. Switzerland is fundamentally based on banking, while the banking system of the Russian Federation was chaotically formed after the collapse of the USSR. However, at the same time, the Russian economy is many times larger than the Swiss economy. But taking into account the size of the country's population and the quality of life of the population, Switzerland is in the top of all developed countries, while Russia has been among the developing countries for many years. What determines such a different development of the economies of two truly significant countries on the world market? This article is devoted to the answer to this question.

246-256

Authors: Tatyana E.Gvarliani, Emil L.Varvashtyan

This article reflects the main results of a study devoted to the study of budget revenues of the Krasnodar Krai. During the study, the economic features of the region were taken into account, such as agricultural specifics, the location of the region, the degree of development of various sectors of the economy. This information was used in the analysis of regional budget revenues. The most important task of the state authorities of the territories and local self-government bodies is to perform the functions assigned to them, namely: providing certain services to the population and economic entities, creating conditions for safe life, etc.The condition for performing these functions is the availability of sufficient financial resources in the budgets of various levels. Since the main share of regional budget revenues is tax revenues, and for the Krasnodar Krai this is primarily personal income tax, corporate income tax and corporate property tax, the issue of achieving an adequate assessment of the volume of tax revenues is a priority and relevant, which is reflected in the presented study. The study is based on an economic analysis of the dynamics and structure of regional budget revenues. At the same time, tax and non-tax revenues of the budget, as well as gratuitous receipts, budget revenues of the region in the context of various sectors of the economy were considered. The purpose of the article is to identify the factors that characterize the peculiarities of the formation of budget revenues of the Krasnodar Krai.

264-272

Authors: Vyacheslav E. Konovalov

The article examines the dynamics of e-commerce development and provides statistics on popular trends in online commerce in Russia. According to the data presented in the article, currently online commerce is a rapidly developing industry all over the world, and especially in Russia. Russia ranks 10th in terms of money in consumer e-commerce among all countries in the world, as well as 1st in the world in terms of the growth dynamics of consumer e-commerce. Over the past couple of years, the share of online sales in Russia from the entire retail has grown almost 2 times and occupies not a small part of the entire sales market in the country. This article will identify the reasons for this abnormal growth, as well as consider the calculations of this market from specialists for the next three years. The analysis of data and statistics was carried out, which show why the growth of this market was made, and also the most developing industries and directions of Russian e-commerce were identified. The factors affecting the market due to the coronavirus pandemic and the restrictions associated with it were also identified.

280-287

Authors: Grigory Ya. Ratushnyak, Maria A. Aseeva

In their study, the authors focus on increasing the role of the service sector in the total GDP, both within Russia and globally. The special attention is paid to the development of the tourism business. The article defines the concept of "national tourism". The article describes the current trends in the development of national tourism in the Russian Federation in connection with the new coronavirus infection Covid-19. The main problems of the development of national tourism in the Russian Federation are highlighted and the ways of their solution are proposed. The article deals with the main problems of the low popularity of Russian resorts among Russians, provides a statistical analysis of national tourism market in the Russian Federation, its assessment in the context of the economic crisis and other causes. The article examines the spread of prices for tourist services in different regions of the Russian Federation, as well as the process of forming these prices. The main directions of development of the tourist and recreational cluster of Russia are touched upon. The article analyzes popular tourist destinations in Russia by region. The analysis of the tourist potential of the Karachay-Cherkess Republic is carried out, the potential of the resort of Arkhyz is described. Despite the problems, national tourism continues to develop actively and should bring tangible income to the budget not only of the regions, but also to the consolidated budget of the country.

302-307

Authors: Irina S. Syrkova

Youth is a strategic resource for the development of any country, and therefore, the main engine in expanding the business sector and improving its quality. The development of entrepreneurship among young people can help solve the problem of unemployment, and, as a result, the problem of increasing income levels. At the same time, several unresolved problems in the Russian Federation hinder the acceleration of the progress of youth entrepreneurship. The article discusses these problems, as well as ways to overcome them, associated with the practical implementation of mechanisms to support small businesses in the Russian Federation. In particular, the article examines such mechanisms of state support for entrepreneurship as information, financial, property, educational. The anti-crisis measures related to the pandemic of the new coronavirus infection, including a system of grants, loans, moratoriums, deferrals, and a reduction in various requirements, can also be considered a necessary but insufficient part of solving the problems of youth entrepreneurship development in Russia.