ENTREPRENEURIAL ACTIVITIES AS A FACTOR OF INCREASING PUBLIC WELFARE

This study examines how citizens' income affects small- and medium-sized business development in Kyrgyzstan, considering international experience and economic changes in the country. Data show that the average wage in the Republic is lower than that in developed countries, restricting demand and investment opportunities. Attention is paid to enterprise numbers, where slow growth and barriers are observed in the study area. Limited access to finance and low purchasing power hinder entrepreneurial growth. The conclusions highlight the need for comprehensive government support measures to stimulate innovation, create jobs, and improve societal welfare. These findings emphasize the importance of effective state policies.

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Publication Details

Journal
Vestnik Bishkek state university af K Karasaev
Published
2025-03-14
DOI
https://doi.org/10.35254/bsu/2025.71.12
Primary Topic
Sociopolitical Dynamics in Russia
Type
article
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article

ENTREPRENEURIAL ACTIVITIES AS A FACTOR OF INCREASING PUBLIC WELFARE

Е. В. Таранова, G.O. Rysalieva
Vestnik Bishkek state university af K Karasaev
Sociopolitical Dynamics in Russia
article

ENTREPRENEURIAL ACTIVITIES AS A FACTOR OF INCREASING PUBLIC WELFARE

Е. В. Таранова, G.O. Rysalieva
article en

Abstract

This study examines how citizens' income affects small- and medium-sized business development in Kyrgyzstan, considering international experience and economic changes in the country. Data show that the average wage in the Republic is lower than that in developed countries, restricting demand and investment opportunities. Attention is paid to enterprise numbers, where slow growth and barriers are observed in the study area. Limited access to finance and low purchasing power hinder entrepreneurial growth. The conclusions highlight the need for comprehensive government support measures to stimulate innovation, create jobs, and improve societal welfare. These findings emphasize the importance of effective state policies.

Vestnik Bishkek state university af K KarasaevVol. 71(1)
Openalex Percentile: Top 86%
Sociopolitical Dynamics in Russia
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