Modeling the possibilities of entrepreneurship existence in the Chuvash Republic

Abstract

Subject. This article analyzes the conditions for the existence of entrepreneurship and business undertakings in the Chuvash Republic. Objectives. The article aims to assess the possibilities of entrepreneurship existence in Chuvashia using mathematical modeling. Methods. For the study, I used a systems approach in the form of mathematical modeling of holistic changes in statistical and cluster analysis results. Results. The article explains the basis of business activity as self-movement, caused by economic contradictions. Conclusions and Relevance. The opportunities for entrepreneurship in Chuvashia are due to the potential and conditions of overcoming the economic structure limits, which become obvious in international trade. The results of the study extend the scope of knowledge, and form new competencies for making managerial decisions to ensure the existence and development of entrepreneurship in lagging regions.