Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)

Retrospective Analysis of Russia’s Cottage Industries as a Solution to Overcome Today’s Entrepreneurial Crisis

Authors
N A Dushkova, V A Grigorova
Corresponding Author
N A Dushkova
Available Online 17 March 2020.
DOI
https://doi.org/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/).

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Volume Title
Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
17 March 2020
ISBN
978-94-6252-929-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200312.290How to use a DOI?
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  - https://doi.org/10.2991/aebmr.k.200312.290
ID  - Dushkova2020
ER  -