Year: 2025
Type: article
Abstract: In recent years, numerous changes have occurred globally, particularly in the economic sphere. In the current information age, nations have drawn closer together thanks to opportunities created by technological advancements. The impact of globalization is also evident in the small business sector; notably, the sector faces increasingly intense competition. It is important to recognize that, in modern times, small businesses serve as a fundamental dynamic and driving force of national economies. Consequently, they constitute a crucial element of economic policy. Since countries possess diverse economic structures, sector sizes, challenges, priorities, and objectives, their policies regarding small businesses vary accordingly. To formulate and implement these policies, small businesses are first defined and classified according to specific standards. Taking all the aforementioned points into account, perspectives on small business at a global level have been systematized, and the development of small business in Azerbaijan has been analyzed and evaluated.
Authors: M.T. İmanova, M.L. Əliyeva
Institution: Nakhchivan State University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W7225401366