International Conference on Eurasian Economies
11-13 June 2019 – Famagusta, Turkish Republic of Northern Cyprus
Paper properties
Paper ID : 2225
Status : Paper published
Language : Russian
Topic : Regional Economics
Presenter: Ph.D. candidate Aizhan Rakhmanalieva
Session : 3D Предпринимательство
Problems of Implementation of Startup Projects in the Kyrgyz Republic
Проблемы Реализации Стартап Проектов В Кыргызской Республике
- Ph.D. candidate Aizhan Rakhmanalieva (Kyrgyz-Russian Slavic University, Kyrgyzstan)
Abstract
Today in the Kyrgyz Republic one of the sources of sustainable economic development can be considered the development of small and medium enterprises. It acts as a driving force of economic growth, because contributes to the creation of new jobs, poverty reduction and the development of civil society. In international practice, entrepreneurship development is mostly provided by a small innovative business, the best management approach of which is project management. In connection with the intensification of interest in scientific and technological developments, it is necessary to note the emergence of a new direction of companies – a startup. Unlike foreign countries, where this practice is widespread and actively supported by the state, the development of the practice of startups in Kyrgyzstan is actually at an early stage. Accordingly, in the domestic literature, such a phenomenon as a “startup” is not considered, and in the foreign one, the features of the local market are not taken into account. In the definition of a startup, the word “search” is also important, because it demonstrates a key difference from enterprises that operate in mature markets. The life cycle of a startup project has a more complex structure than a traditional project. The article describes the quantitative indicators of Startup-Ecosystems of Kyrgyzstan, as well as key factors affecting its development. The most significant factors affecting the environment for developing and implementing startup projects have been identified.
JEL codes:
Rakhmanalieva, Aizhan (2019). "Problems of Implementation of Startup Projects in the Kyrgyz Republic" in Proceedings of International Conference of Eurasian Economies 2019, pp.455-464, Famagusta, Turkish Republic of Northern Cyprus.
DOI: https://doi.org/10.36880/C11.02225
Session 3D: Предпринимательство
