Territorial expansion and sustainable development: a case study of regional small businesses
Small and Medium Enterprises SMEs play a critical role in driving sustainable economic growth and development. As engines of innovation and job creation, they are essential for fostering entrepreneurship and promoting sustainable development at the local and regional levels. In particular, SMEs have...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2023-01-01
|
| Series: | BIO Web of Conferences |
| Online Access: | https://www.bio-conferences.org/articles/bioconf/pdf/2023/10/bioconf_ebwff2023_03002.pdf |
| _version_ | 1797673792496992256 |
|---|---|
| author | Elsebaie Nazeeh Fokina Olga Lukashenko Inna Mottaeva Angela Fatkullina Alina |
| author_facet | Elsebaie Nazeeh Fokina Olga Lukashenko Inna Mottaeva Angela Fatkullina Alina |
| author_sort | Elsebaie Nazeeh |
| collection | DOAJ |
| description | Small and Medium Enterprises SMEs play a critical role in driving sustainable economic growth and development. As engines of innovation and job creation, they are essential for fostering entrepreneurship and promoting sustainable development at the local and regional levels. In particular, SMEs have the potential to provide a range of economic, social, and environmental benefits, including creating new jobs, increasing local purchasing power, and contributing to the development of local communities. SMEs account for two out of every three jobs worldwide, with over 50 percent of employment in the private sector in developing economies. Furthermore, small businesses are often more adaptable and responsive to the needs of local markets, making them better equipped to compete with larger companies in the same industry. Given their important role in sustainable development, it is crucial to examine ways to support and promote the growth of regional small businesses, including through sustainable territorial expansion. This article presents a case study of an optics network to examine the challenges and opportunities for sustainable territorial expansion of regional small businesses. The study employs a mixed-methods research design, including an analysis of the optics network’s client base, a survey of key criteria for competitiveness in the optics industry, and an analysis of potential options for sustainable territorial expansion through the development of territorial representation. |
| first_indexed | 2024-03-11T21:49:32Z |
| format | Article |
| id | doaj.art-72055f79467a49af9588bcff1fb47d05 |
| institution | Directory Open Access Journal |
| issn | 2117-4458 |
| language | English |
| last_indexed | 2024-03-11T21:49:32Z |
| publishDate | 2023-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | BIO Web of Conferences |
| spelling | doaj.art-72055f79467a49af9588bcff1fb47d052023-09-26T10:10:04ZengEDP SciencesBIO Web of Conferences2117-44582023-01-01650300210.1051/bioconf/20236503002bioconf_ebwff2023_03002Territorial expansion and sustainable development: a case study of regional small businessesElsebaie Nazeeh0Fokina Olga1Lukashenko Inna2Mottaeva Angela3Fatkullina Alina4Vyatka State UniversityVyatka State UniversityFinancial University under the Government of the Russian FederationFinancial University under the Government of the Russian FederationMoscow architectural instituteSmall and Medium Enterprises SMEs play a critical role in driving sustainable economic growth and development. As engines of innovation and job creation, they are essential for fostering entrepreneurship and promoting sustainable development at the local and regional levels. In particular, SMEs have the potential to provide a range of economic, social, and environmental benefits, including creating new jobs, increasing local purchasing power, and contributing to the development of local communities. SMEs account for two out of every three jobs worldwide, with over 50 percent of employment in the private sector in developing economies. Furthermore, small businesses are often more adaptable and responsive to the needs of local markets, making them better equipped to compete with larger companies in the same industry. Given their important role in sustainable development, it is crucial to examine ways to support and promote the growth of regional small businesses, including through sustainable territorial expansion. This article presents a case study of an optics network to examine the challenges and opportunities for sustainable territorial expansion of regional small businesses. The study employs a mixed-methods research design, including an analysis of the optics network’s client base, a survey of key criteria for competitiveness in the optics industry, and an analysis of potential options for sustainable territorial expansion through the development of territorial representation.https://www.bio-conferences.org/articles/bioconf/pdf/2023/10/bioconf_ebwff2023_03002.pdf |
| spellingShingle | Elsebaie Nazeeh Fokina Olga Lukashenko Inna Mottaeva Angela Fatkullina Alina Territorial expansion and sustainable development: a case study of regional small businesses BIO Web of Conferences |
| title | Territorial expansion and sustainable development: a case study of regional small businesses |
| title_full | Territorial expansion and sustainable development: a case study of regional small businesses |
| title_fullStr | Territorial expansion and sustainable development: a case study of regional small businesses |
| title_full_unstemmed | Territorial expansion and sustainable development: a case study of regional small businesses |
| title_short | Territorial expansion and sustainable development: a case study of regional small businesses |
| title_sort | territorial expansion and sustainable development a case study of regional small businesses |
| url | https://www.bio-conferences.org/articles/bioconf/pdf/2023/10/bioconf_ebwff2023_03002.pdf |
| work_keys_str_mv | AT elsebaienazeeh territorialexpansionandsustainabledevelopmentacasestudyofregionalsmallbusinesses AT fokinaolga territorialexpansionandsustainabledevelopmentacasestudyofregionalsmallbusinesses AT lukashenkoinna territorialexpansionandsustainabledevelopmentacasestudyofregionalsmallbusinesses AT mottaevaangela territorialexpansionandsustainabledevelopmentacasestudyofregionalsmallbusinesses AT fatkullinaalina territorialexpansionandsustainabledevelopmentacasestudyofregionalsmallbusinesses |