The concept of entrepreneurship in the smart economy

Iryna Zarytska
PhD in Economics, Senior Lecturer of International Economics Department, Kyiv National Economic University named after V. Hetman, e-mail:zia_2006@ukr.net

Svitlana Strelnyk
PhD in Economics, Associate Professor of International Economics Department, Kyiv National Economic University named after V. Hetman, e-mail:strelnyk@kneu.edu.ua

Cite this article:

Zarytska, I., Strelnyk, S. (2017). The concept of entrepreneurship in the smart economy. Ed.: M. Zveryakov (ed.-in-ch.) and others [Kontseptsiia pidpryiemnytstva u smart (rozumniy) ekonomitsi; za red.: М. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 1 (62), pp. 16–22.

Abstract

The article analyzes entrepreneurship as a catalyst for the economy development in terms of the prospects for sustainable development. It is justified that development of entrepreneurship in the smart economy is achieved by a comprehensive modernization and innovative updating of business on the basis of a new generation of technologies; providing high value-added, energy efficiency; forming a secure environment and social stability. It is proposed to stimulate entrepreneurship in order to promote stable development of economy by understanding the mechanism of increasing social concerns about the working conditions, social welfare and the environment security and therefore providing the sustainable development strategy.

Keywords

entrepreneurship; SMART economy; shared value creation; innovations.

JEL classification: O150;  DOI: https://doi.org/10.33987/vsed.1(62).2017.16-22

UD classification: 338.22.01+338.24

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