Legal ensuring competitiveness of subjects of small and medium business in the age of digitalisation

DOI

10.2991/ismge-19.2019.56How to use a DOI?

Keywords

smart contract; competitiveness; aggregator; electronic transaction; small and medium business; digitalisation; economy; mechanism of legal regulation

Abstract

The article analyses the factors affecting the increase in the competitiveness of small and medium-sized businesses from the perspective of their legal regulation in the era of digitalisation of the economy. The study points out the importance of developing small and medium-sized businesses in the interests of the national economy. The complex of the problems which are negatively affecting on development of small and medium business comes to light. The systematisation of the allocated problematic issues as a result of which three primary groups of the existing problems are allocated is carried out. Each group, in terms of a possible change of legal regulation, is investigated. It is a specified set of the measures allowing to solve economic, administrative and legal problems. The need for a change of the mechanism of legal regulation of the relations with the participation of small and medium business is proved. It is indicated the need for entering into the legislation of such legal categories as the smart contract and the electronic transaction. The need for a change of legal regulation of electronic platforms of trade with the participation of the aggregator is proved; the thesis about the need for a change of conditions of responsibility of the aggregator is proved. The main vectors of development of the legislation allowing to solve in the long term problems of improving the competitiveness of subjects of small and medium business are formulated.

Copyright

© 2019, 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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TY  - CONF
AU  - Agnessa Inshakova
AU  - Tatyana Deryugina
AU  - Sofya Deryugina
PY  - 2019/07
DA  - 2019/07
TI  - Legal ensuring competitiveness of subjects of small and medium business in the age of digitalisation
BT  - Proceedings of the 1st International Scientific Practical Conference "The Individual and Society in the Modern Geopolitical Environment" (ISMGE 2019)
PB  - Atlantis Press
SP  - 290
EP  - 295
SN  - 2352-5398
UR  - https://doi.org/10.2991/ismge-19.2019.56
DO  - 10.2991/ismge-19.2019.56
ID  - Inshakova2019/07
ER  -