Economy, business and services

No. 1 (26) - 2025 / 2025-03-31 — Updated on 2025-03-31 / Number of views: 31

IMPROVEMENT OF SMALL AND MEDIUM BUSINESS DEVELOPMENT IN KAZAKHSTAN

Authors

Kazakh University of Technology and Business named after K. Kulazhanov
https://orcid.org/0000-0002-2565-1614
L.N. Gumilyov Eurasian National University
https://orcid.org/0009-0008-5194-5350
L.N. Gumilyov Eurasian National University
https://orcid.org/0000-0003-0465-272X
S.Seifullin Kazakh Agrotechnical Research University
https://orcid.org/0000-0002-5127-9019
Kazakh University of Technology and Business named after K. Kulazhanov
https://orcid.org/0000-0003-2589-3119

Keywords

region, second-tier banks, infrastructure, entrepreneurship, Kazakhstan, credit, entity, small and medium enterprises.

Link to DOI:

https://doi.org/10.58805/kazutb.v.1.26-613

How to quote

Zhumataeva Б., Mukushev Т., Amerkhanova А., A. . Bayarlin, and Kozhabergenova К. “IMPROVEMENT OF SMALL AND MEDIUM BUSINESS DEVELOPMENT IN KAZAKHSTAN”. Vestnik KazUTB, vol. 1, no. 26, Mar. 2025, doi:10.58805/kazutb.v.1.26-613.

Abstract

Currently, there is a search for new conceptual approaches to the formation of methods and mechanisms for protecting the economic interests of the state, its regions and organizations in the sphere of public and entrepreneurial activity, which is reflected in the strategy of socio-economic development of Kazakhstan. To solve this problem, it is necessary to use a new approach to regional policy aimed at implementing the economic interests of entrepreneurship.

Small and medium businesses or business are one of the most promising areas of modern civilized economic development. The real sector, trading enterprises and companies have a direct impact on the development and growth of the economy of Kazakhstan, the growth of national income, gross domestic product, gross domestic product, employment and much more.

The development of the entrepreneurship sector is a strategic need to improve the political, economic and social stability of society. It contributes to an increase in the tax base for budgets at all levels, a decrease in unemployment, and saturation of the market with investment resources.

Entrepreneurship makes a great contribution to the development of the economy, since thanks to this activity a significant part of the national income is created, new jobs appear, equipment and technologies are developed, new industries and services are formed, new regions are being developed. Today, many have come to understand that it is entrepreneurship that drives the development of production, the market, and therefore society as a whole. The country prospers thanks to entrepreneurs, and entrepreneurs - thanks to state support. Therefore, it is very important to develop a system of support for entrepreneurship in Kazakhstan.

Versions