Retrospective Analysis of Russia’s Cottage Industries as a Solution to Overcome Today’s Entrepreneurial Crisis
- DOI
- 10.2991/aebmr.k.200312.290How to use a DOI?
- Abstract
This paper analyzes Central Chernozem to discuss the history of cottage industries, which have been fundamental to the emergence of small businesses in the region. This paper systematizes what is known on the public policies regarding cottage industries; despite some miscalculations and shortcomings, the policies have contributed to the emergence of such industries here. It is proven herein that small-scale manufacturing was incentivized by a differential taxation system devoid of social restrictions; the approach consisted in educating small-scale businesspeople and subsidizing master training, business expansion, and equipment procurement. The authors hereof have analyzed this experience and propose replicating it to overcome the entrepreneurial crisis of today. As it was done once, today we need to encourage entrepreneurship in priority sectors. State funding and assistance in equipment procurement and space leasing will help that.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - N A Dushkova AU - V A Grigorova PY - 2020 DA - 2020/03/17 TI - Retrospective Analysis of Russia’s Cottage Industries as a Solution to Overcome Today’s Entrepreneurial Crisis BT - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020) PB - Atlantis Press SP - 2076 EP - 2079 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200312.290 DO - 10.2991/aebmr.k.200312.290 ID - Dushkova2020 ER -