WJEMSD · Vol 6, Nos 1/2 · 2010

Motivators and inhibitors of entrepreneurship and small business development in Kazakhstan, Dr. Jung‐Wan Lee and Prof. Simon Tai

Dr. Jung‐Wan Lee
Boston University
USA
KIMEP
Kazakhstan
Abstract

This study investigates motivators and inhibitors of entrepreneurship and small business development in the transitional economy of Kazakhstan in Central Asia. A qualitative research was used to obtain a macro view of developing entrepreneurship and small business in Kazakhstan. A focus group interview with entrepreneurs and small business owners was conducted during 2006. In general, factors that enhance entrepreneurship and small business development include encouraging social entrepreneurship, increasing credits availability, improving institutional environment and supports from international organisations. Selected policy and practical implications are identified, such as improving institutional development, creating supportive business environment, and promoting social entrepreneurship.

Keywords
EntrepreneurshipSocial entrepreneurshipSmall business developmentInstitutional environmentDoing business environmentTransition economyKazakhstan
Citation

Lee, J. and Tai, S.W. (2010), "Motivators and inhibitors of entrepreneurship and small business development in Kazakhstan", World Journal of Entrepreneurship, Management and Sustainable Development, Vol. 6 No. 1/2, pp. 61-75. https://doi.org/10.1108/20425961201000006