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The Role and Place of the Crisis Traps in the Development of the Small Business of the Forest Sector in the Russian Economy

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Listed:
  • E.A. Panyavina
  • M.B. Chirkova
  • S.G. Cheglakova
  • V.V. Pankov

Abstract

The article identifies the role and place of crisis traps in the development of the small business of the forest sector in the Russian Economy through the life cycle stages – origination stage (crisis innovative trap), formation stage (crisis organizing trap), growth stage (crisis financial trap), maturity stage (crisis marketing trap). The emergence of crisis traps is connected with specific features of small forestry business development and functioning. Sustainable small forest business development depends on management actions on minimization and overcoming crisis manifestations. It is proved that it is possible to avoid the threat of falling into crisis traps, the crisis symptoms emergence, situations and processes in the small forestry business development due to forming program of the management actions and organizational tools to perform it.

Suggested Citation

  • E.A. Panyavina & M.B. Chirkova & S.G. Cheglakova & V.V. Pankov, 2017. "The Role and Place of the Crisis Traps in the Development of the Small Business of the Forest Sector in the Russian Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 480-489.
  • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:480-489
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    File URL: http://ersj.eu/dmdocuments/2017-xx-3-b-44.pdf
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    References listed on IDEAS

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    1. Olga N. Kusakina & Natalia V. Bannikova & Svetlana S. Morkovina & Tatiana N. Litvinova, 2016. "State Stimulation of Development of Small Entrepreneurship in Developing Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 276-284.
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    5. S. Morkovina & Elena Popkova & E. Panyavina & A. Ivanova, 2014. "Entrepreneurial risk as consequence of contradictions of economic interests in forestry in Russia," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 7(1), pages 94-101, June.
    6. Sarath W.S.B. Dasanayaka & G D Sardana, 2015. "Development of Small and Medium Enterprises through Clusters and Networking: A Comparative Study of India, Pakistan and Sri Lanka," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 84-108.
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    Cited by:

    1. Morkovina S.S. & Panyavina E.A. & Platonov A.D. & Kolesnichenko E.A., 2019. "Economic Aspects of Organizing High-technology Resource Saving Production in the Forest Sector of Russia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 395-402.

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