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Evaluating the 'Bastau Business' Program: Impacts on Entrepreneurial Competencies and SME Formation

Author

Listed:
  • Aigul Akhmetova
  • Elmira Otar
  • Nurlan Baigabylov

Abstract

The relevance of the problem is since in the state there was a need to create educational programs aimed at the creation of the proper level of entrepreneurial competencies, required to organise their own small or medium businesses. The aim is to investigate the efficiency of the educational program “Bastau Business” in the formation of entrepreneurial competencies, contextualized by existing theories and the changing demands of Kazakhstan's innovation-driven economy. The leading method to study this problem is the questionnaire method, which allows for monitoring the formation of professional entrepreneurial competencies among the graduates of the educational program and to identify the problems they face at the beginning to improve the content and focus of the educational modules. The study showed a high readiness of the graduates of the programme for further independent entrepreneurial activities, which unequivocally indicates its effectiveness. The study also helped identify a range of factors that need to be addressed when improving the educational programme for small and medium business support.

Suggested Citation

  • Aigul Akhmetova & Elmira Otar & Nurlan Baigabylov, 2024. "Evaluating the 'Bastau Business' Program: Impacts on Entrepreneurial Competencies and SME Formation," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 42-61.
    • Handle: RePEc:bas:econst:y:2024:i:5:p:42-61
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    References listed on IDEAS

    as
    1. Isaac Kofi Biney, 2023. "Adult education and entrepreneurship: getting young adults involved," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-27, December.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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