The Historical Background Of Entrepreneurship Emergence In Russia

Abstract

The paper covers the historical background of entrepreneurship emergence in Russia. The authors assume, that the tendencies contributing to the sole trade creation, had concrete reasons contingent on constant shortage and suppressing of sole trade constituent as well. They were characterized by a certain geographical position along with the people’s public life and, what is more, international invasions. Examining some distinctive features of domestic finance formation and market conditions all over the world, Russia was gradually increasing its residents’ entrepreneurial agility. However, historically grounded state-bureaucratic structure concerning the masses’ interests protection and the businessmen activity regularly sustained that phenomenon. The more the government was striving to regulate and make social development “objective”, the more controversial result it was. Instead of taking control over the situation, the public was involved in speculation first and then in egalitarian regression. Independence of entrepreneurial activity may exist if the former management system limits itself. The loss of entrepreneurial base negatively influenced not only the country’s financial development, but its financial well-being.