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Integration of Small and Middle-sized Enterprises into Large Energy Corporations as a Factor of Business Sustainability

Author

Listed:
  • Ivan A. Kapitonov

    (Institute of Economy of the Russian Academy of Sciences, 117218, Nakhimovsky Ave. 32, Moscow, Russian Federation,)

  • Gaukhar A. Taspenova

    (Narxoz University, 050035, Zhandosov Street 55, Almaty, Republic of Kazakhstan,)

  • Vladimir R. Meshkov

    (Plekhanov Russian University of Economics, 115093, Stremyanny Lane 36, Moscow, Russian Federation,)

  • Aleksei A. Shulus

    (State University of Management, 109542, Ryazansky Ave. 99, Moscow, Russian Federation.)

Abstract

Small businesses are traditionally the driver of the economic growth in the conditions of market economy, so in the modern circumstances this thesis is seen as an axiom not requiring additional argumentation. Moreover, the role of small and middle-sized businesses in the acceleration in the rates of economic grows currently increases. The economic recession triggered by the sanctions as well as by the international collapse in oil prices, to an even greater degree actualized the task of searching the ways and methods of the Russian economy potential activation including more active and rational use of the most important nonmaterial resource of market economy that is business initiative.

Suggested Citation

  • Ivan A. Kapitonov & Gaukhar A. Taspenova & Vladimir R. Meshkov & Aleksei A. Shulus, 2017. "Integration of Small and Middle-sized Enterprises into Large Energy Corporations as a Factor of Business Sustainability," International Journal of Energy Economics and Policy, Econjournals, vol. 7(2), pages 44-52.
    • Handle: RePEc:eco:journ2:2017-02-06
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    References listed on IDEAS

    as
    1. Natalia Knysh & Evgeniy Verlup, 2016. "Program Management Approach to the Territorial Development of Small Business," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 427-437.
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    Cited by:

    1. Olga Bergal, 2020. "Innovative Energy Clusters' Infrastructure," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 361-376.
    2. Yelena Petrenko & Elena Vechkinzova & Viktor Antonov, 2019. "Transition from the industrial clusters to the smart specialization: a case study," Post-Print hal-02163010, HAL.
    3. E.M. Akhmetshin & N.A. Prodanova & L.B. Trofimova & S.G. Kamolov & K.Z. Trapaidze & A.V. Pavlyuk, 2018. "Institutional Methodology of the Formation of the Public Sector Reporting Concept in Accordance with IPSAS," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 154-165.
    4. Yelena Petrenko & Elena Vechkinzova & Viktor Antonov, 2019. "Transition from the industrial clusters to the smart specialization: a case study," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(2), pages 118-128, June.

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      More about this item

      Keywords

      Enterprises; Small and Middle-sized Business; Energy Complex;
      All these keywords.

      JEL classification:

      • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
      • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
      • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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