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The Role of Urbanization in Stimulating Small and Medium-Sized Businesses in a Transition Economy

  • 2025
  • OriginalPaper
  • Chapter
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Abstract

This chapter delves into the intricate relationship between urbanization and the stimulation of small and medium-sized businesses (SMEs) in a transition economy, with a particular focus on Ukraine. It examines how urbanization processes, characterized by population concentration and economic transformation, create both opportunities and challenges for SMEs. The text explores the impact of urbanization on economic growth, investment, and demand for goods and services, highlighting the role of SMEs in driving innovation and reducing unemployment. Additionally, it discusses the unique challenges faced by SMEs in Ukraine, including economic instability, geopolitical uncertainties, and the need for effective state support. The chapter also provides a comparative analysis of urbanization trends in developed and developing countries, offering insights into the global context of urbanization and its economic implications. The conclusion emphasizes the importance of urbanization and transformation processes in shaping the future of SMEs in transition economies, underscoring the need for targeted policies and reforms to support their growth and development.

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Title
The Role of Urbanization in Stimulating Small and Medium-Sized Businesses in a Transition Economy
Authors
Dmytro Bondar
Serhii Hushko
Victoria Radko
Victoria Solovieva
Oleksandr Temchenko
Copyright Year
2025
DOI
https://doi.org/10.1007/978-3-031-91953-4_7
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