Ease of entry in the Russian market in terms of its dynamics was rated with 6.5 out of 10 points, which was the highest score among selected ratings of entrepreneurial framework conditions in 2021. Physical infrastructure, such as roads, internet access, or cost and availability of spaces, ranked second, with 6.4 points. In contrast, research and development transfer and entrepreneurial education at school were rated at 2.8 points each, the lowest of all the indicators.
Entrepreneurship framework conditions in Russia in 2021, by indicator score
(in points)
Data is composed of the National Expert Survey (which was conducted in additional to an Adult Population Survey with at least 2,000 working adults). 36 experts were surveyed in each economy including entrepreneurs and those involved in aspects of entrepreneurship such as finance, government and education. They were asked to evaluate statements about 12 framework conditions (see below), indicating the extent they agree on a ten-point Likert scale: 1 = highly insufficient, 10 = highly sufficient.
Indicators:
"Access to entrepreneurial finance.Sufficient funds are available to new startups, from informal investment and bank loans to government grants and venture capital. Government policy: support and relevance. Government policies promote entrepreneurship and support those starting a new business venture. Government policy: taxes and bureaucracy. Business taxes and fees are affordable for the new enterprise. Rules and regulations are easy to manage, without undue burden on the new business. Government entrepreneurship programs. Quality support programs are available to the new entrepreneur at local, regional and national levels. Entrepreneurial education post-school. Schools are introducing ideas of entrepreneurship and instilling students with entrepreneurial values such as enquiry, opportunity recognition and creativity. Entrepreneurial education post-school. Colleges, universities and business schools offer effective courses in entrepreneurial subjects, alongside practical training in how to start a business. Research and development transfer. Research findings, including from universities and research centres, can readily be translated into commercial ventures. Commercial and professional infrastructure. There are sufficient affordable professional services such as lawyers and accountants to support the new venture, within a framework of property rights. Ease of entry: market dynamics. There are free, open and growing markets where no large businesses control entry or prices. Ease of entry: market burdens and regulations. Regulations facilitate, rather than restrict, entry. Physical infrastructure. Physical infrastructure (such as roads), Internet access and speed, the cost and availability of physical spaces, is adequate and accessible to entrepreneurs. Social and cultural norms. National culture encourages and celebrates entrepreneurship, including through the provision of role models and mentors, as well as social support for risk-taking."
The source provided the following scale:
0 = very inadequate insufficient status;
10 = very adequate sufficient status.
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GEM. (February 10, 2022). Entrepreneurship framework conditions in Russia in 2021, by indicator score (in points) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/962209/russia-entrepreneurship-framework-conditions-by-indicators/
GEM. "Entrepreneurship framework conditions in Russia in 2021, by indicator score (in points)." Chart. February 10, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/962209/russia-entrepreneurship-framework-conditions-by-indicators/
GEM. (2022). Entrepreneurship framework conditions in Russia in 2021, by indicator score (in points). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/962209/russia-entrepreneurship-framework-conditions-by-indicators/
GEM. "Entrepreneurship Framework Conditions in Russia in 2021, by Indicator Score (in Points)." Statista, Statista Inc., 10 Feb 2022, https://www.statista.com/statistics/962209/russia-entrepreneurship-framework-conditions-by-indicators/
GEM, Entrepreneurship framework conditions in Russia in 2021, by indicator score (in points) Statista, https://www.statista.com/statistics/962209/russia-entrepreneurship-framework-conditions-by-indicators/ (last visited November 23, 2024)
Entrepreneurship framework conditions in Russia in 2021, by indicator score (in points) [Graph], GEM, February 10, 2022. [Online]. Available: https://www.statista.com/statistics/962209/russia-entrepreneurship-framework-conditions-by-indicators/