Social entrepreneurship as a catalyst for addressing inequalities and promoting sustainable development
Okutayeva S. Askerov E. Smagulova Z. Yesmagulova N. Kaidarova S.
2024FrancoAngeli
Rivista di Studi sulla Sostenibilita
2024Issue 111 - 25 pp.
The evolution of socio-economic relations has determined the emergence of such a type of activity as social entrepreneurship, which applies the commercial component to businesses that directly influence the transformation of the social sphere by solving concrete social problems. The purpose of this study was to summarise the theoretical foundations and practical experience of social entrepreneurship in Kazakhstan. The information base for the study was provided by relevant scientific studies in this area, as well as regulations of the Republic of Kazakhstan and official statistical information. The findings reveal a significant increase in the number of social entrepreneurship entities, indicating the dynamism of this sector’s development. However, over 43% of these entities fall under category 4, characterized by simplified criteria for inclusion in the register, suggesting limited involvement of socially vulnerable segments of the population. Accordingly, there is a limited involvement of socially vulnerable segments of the population in the economic activity of the country due to the low activity of business involvement in solving social problems, which underlies the functioning of the industry. The study highlights the vital role of social entrepreneurship in addressing inequalities and fostering sustainable development by solving concrete social problems. By providing employment opportunities, access to essential goods and services, and innovative solutions, social enterprises can contribute to reducing inequalities, promoting inclusive economic growth, and creating sustainable communities. Based on the identified problems, to improve the efficiency of social entrepreneurship functioning, this study offered practical recommendations aimed at improving administrative and regulatory mechanisms. Copyright
business , entrepreneur , social problems , socially vulnerable population , state support , sustainable development
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High School of Economics, Astana International University, 8 Kabanbay Batyr Ave., Astana, 020000, Kazakhstan
GreenTAL, 12A Zhansugurov Str., Astana, 010000, Kazakhstan
Department of Quality Assurance, Astana IT University, 55/11 Mangilik El Ave., Astana, 010000, Kazakhstan
Department of Business and Management, Innovative University of Eurasia, 45 Lomov Str., Pavlodar, 140000, Kazakhstan
High School of Economics
GreenTAL
Department of Quality Assurance
Department of Business and Management
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