MODERN TRENDS AND PROSPECTS OF ENTREPRENEURSHIP DEVELOPMENT OF UKRAINE ECONOMY

Abstract

The state and main tendencies of entrepreneurship development of the economy as power catalyst of effective development and renewal of the national economy under existing conditions of European integration and globalization processes have been considered. The main challenges of the global business environment of domestic business are described. The main macroeconomic indicators of the Ukrainian economy, which characterize the environment of the formation and management of domestic business entities under current conditions have been analyzed in the study. Ukraine economy has shown the highest growth rates over the last five years. The dynamics of indicators of employment, sales volume, number of subjects of entrepreneurial activity depending on the scale of their activity, etc. have been investigated. The dynamics of indicators of the entrepreneurship structure by the size of the business entities and the structure of entrepreneurship by types of economic activity are analyzed. The change of Ukraine's positions in the international Doing Business of ease of doing business, in the Global Competitiveness Index, Forbes magazine, "the best countries for business in the world" and the most innovative economies in the world Bloomberg Innovation Index are researched. According to the results of the study, the peculiarities of entrepreneurship development in Ukraine under the current conditions are formulated: the variable nature of the development of the domestic business sector; achievement of natural maximum of the number of economic entities in the national economic system; predominance of individuals-entrepreneurs in the structure of business; increase of the share of small enterprises and a mainly negative tendency towards the number of medium-sized enterprises; the intensive development of commercial entrepreneurship, the expansion of service business, and undeveloped state of business sector production of the national economy, etc. The perspective directions of national entrepreneurship growth in the context of formation of its new paradigm are singled out.