SMALL ENTREPRENEURSHIP: CHALLENGES AND OPPORTUNITIES FOR INCREASING EMPLOYMENT LEVELS IN LATVIA
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Abstract
The article examines and substantiates the main approaches to stimulating small business activity through proposed development scenarios, highlighting the advantages and disadvantages for each type of scenario. It analyzes the impact of taxation and specific risks arising in small business activities on their stability and development. Based on the assertion that small businesses expand employment and create favorable conditions for more rational economic development in the regions, the sectoral structure of small business entrepreneurial activity within Latvia’s administrative-territorial division is reviewed.
How to Cite
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small entrepreneurship, sectoral structure of regions, taxation, employment, development scenario
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