Global Entrepreneurship Monitor: National Report of Kazakhstan 2015/2016 suggests that almost half of Kazakhstan’s population have intentions to start business, while 76% of people think that entrepreneurship is a good career choice. The young people aged 25-34 are the most active and represent the largest proportion of potential entrepreneurs. 68,9% respondents in Kazakhstan regards entrepreneurship as new opportunity, and 52,1% believe they have necessary knowledge and skills to start business. However, at the same time 75.4% of Kazakhstan’s respondents report fear of failure. According to the survey, the most cited reason for closing business (36.5%) is it unprofitability. Experts recommend to further improve government policies to make them more favorable toward entrepreneurship. To read more about entrepreneurial activity in Kazakhstan, please follow the link.
GEM National Report Kazakhstan 2015/2016 reveals entrepreneurial profile