System Contradictions in the Operations and Strategic Lease Management in the System of Entrepreneurship Education

By Ryabchuk, Pavel G.; Baev, Igor A. et al. | Journal of Entrepreneurship Education, January 1, 2019 | Go to article overview

System Contradictions in the Operations and Strategic Lease Management in the System of Entrepreneurship Education


Ryabchuk, Pavel G., Baev, Igor A., Apukhtin, Anton S., Demtsura, Svetlana S., Pluzhnikova, Irina I., Korneev, Dmitry N., Murygina, Larisa S., Journal of Entrepreneurship Education


INTRODUCTION

Modern entrepreneurship education is a combination of techniques and methods studying economic processes in enterprises and society. The study of investment decisions of the management of enterprises and the assessment of their effectiveness are the most important aspects of entrepreneurship education. In investment decisions there is a broad spectrum of directions and tools, the most important of which is leasing. A lot of specialists devoted their research to the problems of entrepreneurship education. Aghion et al. (2009) and others (Rosenberg & Nelson, 1994; Borck & Wimbersky, 2012; Veugelers & Del Rey, 2014) considered general influence of entrepreneurship education on economic growth, as well as its influence on the economic progress. Researchers addressed the results of entrepreneurship education through the lens of an institutional perspective. Fayolle & Benoit (2015) studied entrepreneurial attitudes based on the educational trajectory. The influence of entrepreneurship education on the cognitive abilities of people of different ages was studied by Banks & Fabrizio (2012), Fryer Jr (2011) and Cascio (2009). Meier & Schiopu (2015) dealt with the problem of increasing labor productivity through entrepreneurship education. A number of researchers devoted their work to the issues of public funding of entrepreneurship education and the factors of the employee separation (Ciccone & Peri, 2006; Arcalean & Schiopu, 2016). Bulman & Robert (2016), as well as Lipset (2018) and Eryanto et al. (2019) studied how entrepreneurship education affects technology and value orientations. The main focus on professional competencies to the detriment of professional knowledge and skills leads to contradictions, complicates a possibility of diagnostics of its results and generates some other serious problems. (Khenner, 2018) In the educational systems of different countries, much experience has been gained regarding the use of project-based learning. This method is an alternative to traditional lecture-based learning: it helps to pull together a theoretical training material with real life; additionally, it changes the roles of pupils and teachers: students become active fully-competent subjects of an educational process, whereas teachers organize, supervise and direct this process, but do not transfer readily available information (Kazun & Pastukhova, 2018). Early school education as a beginning stage of an individual's educational trajectory, is known to play the key role in the mentioned process and the task of the educational system from the early stages to entering the professional life to ensure the formation of the individual (Antonova, 2018).

However, there is a methodological gap in systemic contradictions of lease financing. This study aims to bridge this gap and define the interrelationship of factors that result in a contradiction. The comparative analysis conducted with regard to the Kleiner's theory allows taking into account these contradictions and improving the understanding of the problem. This contributes to the solution.

METHODS

There is a wide range of methods recommended for systemic contradictions resulting from lease financing. The study examines the relationship between objectives set by an industrial organization and its performance indicators, draws attention to changes that occur in factors and give rise to financial and economic contradictions. The assessment also includes the influence of external and internal factors on criteria for leasing operations management, as well as the relationship between management levels, management objects, and system contradictions.

The present study concerns the theory and methods of the leasing process management in an industrial enterprise and is based on the Kleiner's theory, which account for an institutional approach to resources and technology. These methods include return on equity assessment, economic and mathematical modeling, strategic analysis, analysis of project planning, and the synthesis of special theories regarding the development modeling and cash flow (Kleiner, 2008). …

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