Concerning forming small-scale entrepreneurship in monosectorial subnational entities

Abstract

This paper takes notice of the mythology that has arisen in the scientific community regarding small business, and sets out the author's vision of how to solve some specific problems, including: separation and clarification of the terms "small-sized" and "medium-sized" business, the value of systematically organized monitoring of small manufacturing adn small businesses, and governmental support of such activity; keeping the balance of interests of economic entities, hired personnel and local (municipal and regional) authorities and the study of the real potential of small businesses and opportunities for its expansion, formation of the phenomenon of vicarious personal liability in this area of social and economic relations. In the single-industry regions and territorial entities, the small businesses in general and small manufacturings in particular are in an embryonic state. The actual formation of the latter is possible with proper scientific support of the processes justifying specific interventions and evaluating the prospects of development of this sector of the economy in terms of the impact on the socio-economic condition of the respective municipalities.