The study analyzes the spheres and level of online business development based on the identification of types of Internet business models and the analysis of statistical data.The purpose of this research is to determine the areas of influence of online business on the development of regional entrepreneurship. The paper uses a set of methods used in economics and management (i.e., systemic method and statistical analysis). It is concluded that the use of web technology increases the efficiency of business operations and therefore online business is the key direction of the development of regional entrepreneurship. It has been proven that all branches of the national economy can be referred to the field of online business, and the rapid development of Internet business is possible through the use of online technologies in the area of communication, marketing and distribution. An Internet Business Development Index (IBDI ) has been developed, which has allowed to group the EU countries by degrees of online business development and proves the interdependence between the level of online business activity as well as the country's development within particular region.
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