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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">voprecotest</journal-id><journal-title-group><journal-title xml:lang="ru">Вопросы экономики</journal-title><trans-title-group xml:lang="en"><trans-title>Voprosy Ekonomiki</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">0042-8736</issn><publisher><publisher-name>Voprosy Ekonomiki, NP</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.32609/0042-8736-2025-5-83-110</article-id><article-id custom-type="elpub" pub-id-type="custom">voprecotest-5298</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>МИКРОЭКОНОМИКА</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>MICROECONOMICS</subject></subj-group></article-categories><title-group><article-title>С командой и без долгов: факторы выживаемости малого бизнеса в России в 2021–2023 гг.</article-title><trans-title-group xml:lang="en"><trans-title>With a team and without debt: Factors affecting small business survival in Russia, 2021—2023</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Казун</surname><given-names>А. П.</given-names></name><name name-style="western" xml:lang="en"><surname>Kazun</surname><given-names>A. P.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Казун Антон Павлович, к. соц. н., директор Института анализа предприятий и рынков </p><p>Москва</p></bio><bio xml:lang="en"><p>Anton P. Kazun</p><p>Moscow</p></bio><email xlink:type="simple">kazun.anton@gmail.com</email><xref ref-type="aff" rid="aff-1"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru"><institution>НИУ ВШЭ</institution><country>Россия</country></aff><aff xml:lang="en"><institution>HSE University</institution><country>Russian Federation</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2025</year></pub-date><pub-date pub-type="epub"><day>17</day><month>05</month><year>2025</year></pub-date><volume>0</volume><issue>5</issue><fpage>83</fpage><lpage>110</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Voprosy Ekonomiki, NP, 2025</copyright-statement><copyright-year>2025</copyright-year><copyright-holder xml:lang="ru">Voprosy Ekonomiki, NP</copyright-holder><copyright-holder xml:lang="en">Voprosy Ekonomiki, NP</copyright-holder><license xlink:href="https://www.vopreco.ru/jour/about/submissions#copyrightNotice" xlink:type="simple"><license-p>https://www.vopreco.ru/jour/about/submissions#copyrightNotice</license-p></license></permissions><self-uri xlink:href="https://www.vopreco.ru/jour/article/view/5298">https://www.vopreco.ru/jour/article/view/5298</self-uri><abstract><p>Мы ищем ответ на вопрос: какие параметры малого бизнеса и характеристики его владельца связаны с более высокими шансами на продолжение деятельности? В анализе используются данные десяти волн лонгитюдного опроса на панели малого бизнеса ФОМ, проводившихся с июля 2021 по конец 2023 г. С применением метода анализа выживаемости показано, что самым сильным предиктором закрытия предприятия является обращение к заемным средствам. Более высокую устойчивость в данный период показали фирмы, имеющие наемных работников. Бизнес без сотрудников по найму закрывался реже, если им управлял мужчина, если услуги оказывались в сфере торговли и продвигались через интернет.</p></abstract><trans-abstract xml:lang="en"><p>In the present study, we investigate which parameters of small businesses and characteristics of their owners are associated with a higher likelihood of continued operation. Our analysis employs data from ten waves of a longitudinal survey conducted on the SMBiz FOM small business panel from July 2021 through the end of 2023. Using survival analysis, we demonstrate that the strongest predictor of business closure is the fact of borrowing funds. During this period, firms employing hired staff exhibited greater resilience. For businesses without hired employees, closures occurred less frequently when the firm was managed by a man, when the services were provided in the trading sector, when they were promoted online.</p></trans-abstract><kwd-group xml:lang="ru"><kwd>малый бизнес</kwd><kwd>панельные данные</kwd><kwd>лонгитюдный опрос</kwd><kwd>анализ выживаемости</kwd><kwd>факторы закрытия бизнеса</kwd></kwd-group><kwd-group xml:lang="en"><kwd>small business</kwd><kwd>panel data</kwd><kwd>longitudinal survey</kwd><kwd>survival analysis</kwd><kwd>business closure factors</kwd></kwd-group><funding-group><funding-statement xml:lang="ru">Исследование выполнено в рамках Программы фундаментальных исследований НИУ ВШЭ</funding-statement><funding-statement xml:lang="en">The article was prepared within the framework of the HSE University Basic Research Program</funding-statement></funding-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Баринова В., Земцов С., Демидова К., Леваков П. 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