The development of entrepreneurship is one of the main priorities in Nakhchivan Autonomous republic

Shekeralisoy Ilkin Huseyn oglu
dissertation of Nakhchivan department National Academy of Sciences of Azerbaijan, e-mail:matlabm@yandex.ru

Cite this article:

Shekeralisoy, Ilkin Huseyn oglu. (2018). The development of entrepreneurship is one of the main priorities in Nakhchivan Autonomous republic. Ed.: М.D. Baldzhy (ed.-in-ch.) and others [Systema pensiinoho zabezpechennia Ukrainy ta yevrointehratsiini protsesy; za red.: М. D. Baldzhy (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 1 (253), pp. 171-180.

Abstract

The article extensively analyzes the development of entrepreneurship over the past 26 years and extensively talks about state support for entrepreneurship. It is noted that the transition to a market economy requires even greater attention to the development of entrepreneurship. During the years of independence in the country and in its integral part - the Nakhchivan Autonomous Republic, entrepreneurship is developing, the economy is becoming stronger. As a result, the author notes that, in general, the development of entrepreneurship and the growth of subjects in the autonomous republic have a significant impact on the employment problem. As a result of this activity in 2016, more than 3,000 new jobs were created. The creation of enterprises based on modern technologies, on the one hand, created new opportunities for the gradual reduction of unemployment and employment, and on the other hand, the production of products that meet world standards, expanded exports, so that at present the economy of Nakhchivan, ensuring its rapid development, has evolved from the importing country to the exporting country.

Keywords

business, private sector, state support, small and medium business, food security, credit, importer, exporter.

JEL classification: M 130

UD classification: 334.021:35

References

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