Problems in the development of small and medium business in Kazakhstan and ways to overcome them
Abstract
There are serious problems in the development of small and medium-sized businesses (SMEs) in Kazakhstan. SMEs have not yet received proper development in the country despite the existing government support and development programs. There are a number of obstacles to the objective and subjective order that do not allow to successfully overcome obstacles to SMEs. They slow down the growth rates of SMEs. One of the most difficult problems is the lack of sufficient financial resources for most of the subjects to ensure their own investment and negotiating needs. Banks are forced to transfer the cost of risk to loans by increasing the interest rate on loans due to low taxability of small business. Another factor negatively affecting the development of small business is the imperfection of existing or lack of clear norms in the legislation of the country regulating the activity of small business, which leads to an increase in administrative barriers. Insufficient coordination of the infrastructure for supporting small businesses has led to the fact that at the entrance to the market the entrepreneur incurs great costs, due to the need to establish and maintain relations with all counterparties in the external and internal environment. In the external sphere, these are relations with state bodies, financial and credit organizations, suppliers, consumers and competitors. In the internal - the choice of the type of activity and organizational and legal form; recruitment and staff management; the search for a team of partners and knowledge of the market. Elimination of these barriers will open a wide path for the rapid and effective development of SMEs in Kazakhstan.
Keywords
малый и средний бизнес,
барьеры,
развитие,
инновации,
знания,
опыт,
информация,
проектный менеджмент,
small and medium businesses,
barriers,
development,
innovation,
knowledge,
experience,
information,
project management,
шағын және орта бизнес,
кедергілер,
даму,
инновациялар,
білім,
тәжірибе,
ақпарат,
жобалық басқару
References
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For citations:
Zhaksylykova A.A.
Problems in the development of small and medium business in Kazakhstan and ways to overcome them. Bulletin of "Turan" University. 2019;(1):155-161.
(In Russ.)
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