<abstract xmlns="http://www.w3.org/1999/xhtml"><bold>Background:</bold> One of the goals of Russia economy is to increase SMEs specific weight in GDP per 100% by 2030.<bold>Objectives:</bold> The purpose of this work is the assessment of the investments into fixed capital of SMEs and influence of factors such as size categories, types of economic activity and territorial placement, needed for the fulfillment of this goal.<bold>Methods/Approach:</bold> The comparative analysis of SMEs investments is based on relative indicators, which are calculated per enterprise and per worker. The research was conducted with the usage of the official statistical information obtained in the course of total observation of activity of the enterprises in 2015. Modelling of empirical data was based on functions of normal distribution.<bold>Results:</bold> We defined the values investments in SMEs which are located in 82 regions and related to three categories and six types of activity. We revealed regularities of distribution of investments calculated per enterprise and per worker, and identified the regions with the lowest investments in SMEs.<bold>Conclusions:</bold> New knowledge of the investment in the fixed capital in the Russian SMEs was achieved. Proposed information and tools are applicable for justification of the investments needed for the SMEs development. The methodical approach can be used in the future studies, as well in entrepreneurship and public management education.</abstract>

Background: One of the goals of Russia economy is to increase SMEs specific weight in GDP per 100% by 2030.Objectives: The purpose of this work is the assessment of the investments into fixed capital of SMEs and influence of factors such as size categories, types of economic activity and territorial placement, needed for the fulfillment of this goal.Methods/Approach: The comparative analysis of SMEs investments is based on relative indicators, which are calculated per enterprise and per worker. The research was conducted with the usage of the official statistical information obtained in the course of total observation of activity of the enterprises in 2015. Modelling of empirical data was based on functions of normal distribution.Results: We defined the values investments in SMEs which are located in 82 regions and related to three categories and six types of activity. We revealed regularities of distribution of investments calculated per enterprise and per worker, and identified the regions with the lowest investments in SMEs.Conclusions: New knowledge of the investment in the fixed capital in the Russian SMEs was achieved. Proposed information and tools are applicable for justification of the investments needed for the SMEs development. The methodical approach can be used in the future studies, as well in entrepreneurship and public management education.

Estimation of Fixed Capital Investment in SMEs: the Existing Differentiation in the Russian Federation

Business Systems Research Journal

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Background: One of the goals of Russia economy is to increase SMEs specific weight in GDP per 100% by 2030.Objectives: The purpose of this work is the...

Estimation of Fixed Capital Investment in SMEs: the Existing Differentiation in the Russian Federation

Published Online: Apr 25, 2018

Page range: 65 - 78

Received: Nov 18, 2017

Accepted: Jan 13, 2018

DOI: https://doi.org/10.2478/bsrj-2018-0006

Keywords
SMEs, size categories of the enterprises, investments into fixed capital, types of economic activity, regions of Russia

© 2018 Iuliia Pinkovetskaia et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Estimation of Fixed Capital Investment in SMEs: the Existing Differentiation in the Russian Federation

Published Online: Apr 25, 2018

Page range: 65 - 78

Received: Nov 18, 2017

Accepted: Jan 13, 2018

DOI: https://doi.org/10.2478/bsrj-2018-0006

KeywordsSMEs, size categories of the enterprises, investments into fixed capital, types of economic activity, regions of Russia

© 2018 Iuliia Pinkovetskaia et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
SMEs, size categories of the enterprises, investments into fixed capital, types of economic activity, regions of Russia