Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/290334 
Year of Publication: 
2024
Citation: 
[Journal:] Journal of Innovation and Entrepreneurship [ISSN:] 2192-5372 [Volume:] 13 [Issue:] 1 [Article No.:] 6 [Year:] 2024 [Pages:] 1-18
Publisher: 
Springer, Heidelberg
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.
Subjects: 
Business environment
Competitiveness
Economic development
Society
Transitional economy
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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