Business support ecosystem under pandemic COVID-19 in Ukraine and EU in some countries

Authors

  • M. Lemeshko Vasyl’ Stus Donetsk National University
  • O. Laktionova Vasyl’ Stus Donetsk National University

DOI:

https://doi.org/10.31558/2307-2318.2020.2.9

Keywords:

ecosystem; business ecosystem; business support; business support ecosystem; COVID-19 pandemic

Abstract

Pandemic in many regions of the planet has put the challenge to the economy and initiated the rapid changes in business and in everyday life. The growing uncertainty about the consequences of the pandemic for the economy forced the governments of the countries to quickly adapt and implement measures to support business, especially in those areas that were most affected - tourism, industry, HoReCa, etc. Most affected by the pandemic, the sector of small and medium-sized businesses has been forced to suspend activities in these conditions is extremely necessary state support.

The article proposes to look at the issue of business support from the point of view of the concept of ecosystems. The article defines a business support ecosystem based on the concept of business ecosystems. The main groups and types of business support ecosystem have been identified. The state of the business support ecosystem before the implementation of restrictive measures (2019) and after (II-IV quarters of 2020) was considered. Describes the business support measures that were introduced in Ukraine after the active phase of the spread of COVID-19. Business support measures in individual EU countries are considered and their main provisions are described. The directions and types of business support in Bulgaria, Romania, Hungary are considered and common and distinctive features with support in Ukraine are identified. Measures have been identified to strengthen the existing business support mechanisms in Ukraine in order to strengthen the role of the business support ecosystem in the country's restored economies by improving the tools based on the experience of the EU countries.

Author Biographies

M. Lemeshko, Vasyl’ Stus Donetsk National University

Postgraduate student

O. Laktionova, Vasyl’ Stus Donetsk National University

Doctor of Economic Sciences, Associate Professor Department of Finance and Banking

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Published

2020-12-25

Issue

Section

Articles