Former Soviet Union middle class: how entrepreneurs are shaping a new stratum and pattern of socio-economic behavior

Abstract The purpose of this study is to create a representative socio-economic profile of entrepreneurs operating in the former Soviet Union (FSU) states as a pillar of the new middle-class stratum. This study explored middle-class entrepreneurship from multiple perspectives, encompassing statistic...

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Main Authors: Elmira Otar, Rinat Salikzhanov, Aigul Akhmetova, Assel Issakhanova, Kuralay Mukhambetova
Format: Article
Language:English
Published: SpringerOpen 2024-01-01
Series:Journal of Innovation and Entrepreneurship
Subjects:
Online Access:https://doi.org/10.1186/s13731-023-00356-2
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author Elmira Otar
Rinat Salikzhanov
Aigul Akhmetova
Assel Issakhanova
Kuralay Mukhambetova
author_facet Elmira Otar
Rinat Salikzhanov
Aigul Akhmetova
Assel Issakhanova
Kuralay Mukhambetova
author_sort Elmira Otar
collection DOAJ
description Abstract The purpose of this study is to create a representative socio-economic profile of entrepreneurs operating in the former Soviet Union (FSU) states as a pillar of the new middle-class stratum. This study explored middle-class entrepreneurship from multiple perspectives, encompassing statistical analysis of microdata about households and firms. The aim was to gauge entrepreneurship within a national framework and examine its associations with social and economic factors. The study adopted the Doing Business tool as a novel paradigm to establish a quantitative correlation between the economic system in the post-Soviet space and the investigated variables. The analysis revealed that prospective entrepreneurs are members of the younger generation between the ages of 25 and 34; a critical factor in the development of entrepreneurship is highly educated human capital; and typical representatives of entrepreneurship intending to operate in the FSU states establish their own business as a means of subsistence, not as a means of advancement in the social stratum. In general, an entrepreneur of the middle class in the new economies of the post-Soviet space does not demonstrate a high level of entrepreneurial activity and, as a pillar of the middle-class stratum, is in the formation stage.
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spelling doaj.art-e762931ebb3c4076addfffa3087339232024-01-21T12:40:16ZengSpringerOpenJournal of Innovation and Entrepreneurship2192-53722024-01-0113111810.1186/s13731-023-00356-2Former Soviet Union middle class: how entrepreneurs are shaping a new stratum and pattern of socio-economic behaviorElmira Otar0Rinat Salikzhanov1Aigul Akhmetova2Assel Issakhanova3Kuralay Mukhambetova4Department of Sociology, L.N. Gumilyov Eurasian National UniversityDepartment of Sociology, L.N. Gumilyov Eurasian National UniversityDepartment of Sociology, L.N. Gumilyov Eurasian National UniversityDepartment of General Education Disciplines , Astana IT UniversityDepartment of Sociology, L.N. Gumilyov Eurasian National UniversityAbstract The purpose of this study is to create a representative socio-economic profile of entrepreneurs operating in the former Soviet Union (FSU) states as a pillar of the new middle-class stratum. This study explored middle-class entrepreneurship from multiple perspectives, encompassing statistical analysis of microdata about households and firms. The aim was to gauge entrepreneurship within a national framework and examine its associations with social and economic factors. The study adopted the Doing Business tool as a novel paradigm to establish a quantitative correlation between the economic system in the post-Soviet space and the investigated variables. The analysis revealed that prospective entrepreneurs are members of the younger generation between the ages of 25 and 34; a critical factor in the development of entrepreneurship is highly educated human capital; and typical representatives of entrepreneurship intending to operate in the FSU states establish their own business as a means of subsistence, not as a means of advancement in the social stratum. In general, an entrepreneur of the middle class in the new economies of the post-Soviet space does not demonstrate a high level of entrepreneurial activity and, as a pillar of the middle-class stratum, is in the formation stage.https://doi.org/10.1186/s13731-023-00356-2Business environmentCompetitivenessEconomic developmentSocietyTransitional economy
spellingShingle Elmira Otar
Rinat Salikzhanov
Aigul Akhmetova
Assel Issakhanova
Kuralay Mukhambetova
Former Soviet Union middle class: how entrepreneurs are shaping a new stratum and pattern of socio-economic behavior
Journal of Innovation and Entrepreneurship
Business environment
Competitiveness
Economic development
Society
Transitional economy
title Former Soviet Union middle class: how entrepreneurs are shaping a new stratum and pattern of socio-economic behavior
title_full Former Soviet Union middle class: how entrepreneurs are shaping a new stratum and pattern of socio-economic behavior
title_fullStr Former Soviet Union middle class: how entrepreneurs are shaping a new stratum and pattern of socio-economic behavior
title_full_unstemmed Former Soviet Union middle class: how entrepreneurs are shaping a new stratum and pattern of socio-economic behavior
title_short Former Soviet Union middle class: how entrepreneurs are shaping a new stratum and pattern of socio-economic behavior
title_sort former soviet union middle class how entrepreneurs are shaping a new stratum and pattern of socio economic behavior
topic Business environment
Competitiveness
Economic development
Society
Transitional economy
url https://doi.org/10.1186/s13731-023-00356-2
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