Nahçıvan Özerk Cumhuriyeti'nde girişimçilik gelişiminin mövcut durumu ve gelecek beklentiler

In modern conditions, the socio-economic development of regions plays a crucial role and is the main focus of management strategies. Entrepreneurship and its characteristics are significant factors in regional development. The Nakhchivan Autonomous Republic relies heavily on the private sector for its socio-economic growth, highlighting the importance of entrepreneurship in this region. Entrepreneurship is an essential aspect of business and is considered a vital component. The objective of this research is to analyze the current state of entrepreneurship in the Nakhchivan Autonomous Republic, which is under blockade, its potential resources, and future prospects for favorable conditions in developing the private sector. The research aims to identify the challenges faced and propose solutions to overcome them. Statistical indicators and macroeconomic data were used to examine the development trends of the autonomous republic's economy. The article explores the structure and main directions of entrepreneurship, investigates factors hindering its development, and provides recommendations to address these barriers. Nakhchivan's current potential is based on its unique characteristics and the efficient utilization of its resources, taking advantage of natural climatic conditions and population data. Factors that affect the complex organization of entrepreneurship in the autonomous republic, considering market restrictions under blockade, transit and cross-border socio-economic development in Nakhchivan, efficient resource utilization, and future expectations were identified. It was determined that small businesses are more profitable in the regional context, with a focus on the development of household and freelance sectors. The opening of the Zangezur Corridor, which will lift the blockade on Nakhchivan and establish it as the "Gateway of the Turks," will enhance economic cooperation and trade relations among all Turkic countries, providing a significant boost to the development of entrepreneurship in the autonomous republic. Key Words: Nakhchivan Autonomous Republic, entrepreneurship, Zangezur corridor, industry, agriculture, economic relations

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-12-23
DOI
https://doi.org/10.5281/zenodo.16371066
Primary Topic
Global Socioeconomic and Political Dynamics
Type
article
Field-Weighted Citation Impact
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article

Nahçıvan Özerk Cumhuriyeti'nde girişimçilik gelişiminin mövcut durumu ve gelecek beklentiler

Zenodo (CERN European Organization for Nuclear Research)
Global Socioeconomic and Political Dynamics
article

Nahçıvan Özerk Cumhuriyeti'nde girişimçilik gelişiminin mövcut durumu ve gelecek beklentiler

article en

Abstract

In modern conditions, the socio-economic development of regions plays a crucial role and is the main focus of management strategies. Entrepreneurship and its characteristics are significant factors in regional development. The Nakhchivan Autonomous Republic relies heavily on the private sector for its socio-economic growth, highlighting the importance of entrepreneurship in this region. Entrepreneurship is an essential aspect of business and is considered a vital component. The objective of this research is to analyze the current state of entrepreneurship in the Nakhchivan Autonomous Republic, which is under blockade, its potential resources, and future prospects for favorable conditions in developing the private sector. The research aims to identify the challenges faced and propose solutions to overcome them. Statistical indicators and macroeconomic data were used to examine the development trends of the autonomous republic's economy. The article explores the structure and main directions of entrepreneurship, investigates factors hindering its development, and provides recommendations to address these barriers. Nakhchivan's current potential is based on its unique characteristics and the efficient utilization of its resources, taking advantage of natural climatic conditions and population data. Factors that affect the complex organization of entrepreneurship in the autonomous republic, considering market restrictions under blockade, transit and cross-border socio-economic development in Nakhchivan, efficient resource utilization, and future expectations were identified. It was determined that small businesses are more profitable in the regional context, with a focus on the development of household and freelance sectors. The opening of the Zangezur Corridor, which will lift the blockade on Nakhchivan and establish it as the "Gateway of the Turks," will enhance economic cooperation and trade relations among all Turkic countries, providing a significant boost to the development of entrepreneurship in the autonomous republic. Key Words: Nakhchivan Autonomous Republic, entrepreneurship, Zangezur corridor, industry, agriculture, economic relations

Zenodo (CERN European Organization for Nuclear Research)
Nakhchivan State University (AZ)
Decent work and economic growth
Openalex Percentile: Top 49%
Global Socioeconomic and Political Dynamics
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Nahçıvan Özerk Cumhuriyeti'nde girişimçilik gelişiminin mövcut durumu ve gelecek beklentiler · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS