IDEAS home Printed from https://ideas.repec.org/a/sae/sajbmc/v12y2023i2p194-206.html
   My bibliography  Save this article

Matkasym: An Entrepreneurial Journey from Bazaar to Factory

Author

Listed:
  • Bermet Talasbek kyzy
  • Talant Asan uulu
  • Urmat Ryskulov

Abstract

This case study examines the entrepreneurial journey of Ubai Matkasymov and his company, Matkasym. Started as a small shop in a bazaar in Kyrgyzstan, the company grew rapidly to become within six years the country’s leading manufacturer of goods made from metal sheets. Three key transition events that led to the company’s success are highlighted: tapping into the digital television switch by adoption of reverse engineering, establishing a relative distinction with the large Safe City Project and dominating the supply of key goods during COVID-19. Based on his decision-making patterns during times of uncertainty, a comment is made on Matkasymov’s entrepreneurial characteristics, such as his clear vision, curiosity and risk-taking. The study provides insights into how an entrepreneur with a venturesome approach can seize opportunities to build a competitive advantage and transform a small business into a successful manufacturing enterprise.

Suggested Citation

  • Bermet Talasbek kyzy & Talant Asan uulu & Urmat Ryskulov, 2023. "Matkasym: An Entrepreneurial Journey from Bazaar to Factory," South Asian Journal of Business and Management Cases, , vol. 12(2), pages 194-206, August.
  • Handle: RePEc:sae:sajbmc:v:12:y:2023:i:2:p:194-206
    DOI: 10.1177/22779779231189546
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/22779779231189546
    Download Restriction: no

    File URL: https://libkey.io/10.1177/22779779231189546?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Selden, Paul D. & Fletcher, Denise E., 2015. "The entrepreneurial journey as an emergent hierarchical system of artifact-creating processes," Journal of Business Venturing, Elsevier, vol. 30(4), pages 603-615.
    2. Marco Caliendo & Frank M. Fossen & Alexander Kritikos & Miriam Wetter, 2015. "The Gender Gap in Entrepreneurship: Not just a Matter of Personality," CESifo Economic Studies, CESifo Group, vol. 61(1), pages 202-238.
    3. Jeffery S. McMullen & Dimo Dimov, 2013. "Time and the Entrepreneurial Journey: The Problems and Promise of Studying Entrepreneurship as a Process," Journal of Management Studies, Wiley Blackwell, vol. 50(8), pages 1481-1512, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Per Davidsson & Jan Henrik Gruenhagen, 2021. "Fulfilling the Process Promise: A Review and Agenda for New Venture Creation Process Research," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1083-1118, September.
    2. Zaheer, Hasnain & Breyer, Yvonne & Dumay, John & Enjeti, Mahesh, 2022. "The entrepreneurial journeys of digital start-up founders," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    3. Peter Vogel, 2017. "From Venture Idea to Venture Opportunity," Entrepreneurship Theory and Practice, , vol. 41(6), pages 943-971, November.
    4. Marta Gancarczyk & Anna Ujwary-Gil, 2021. "Entrepreneurial cognition or judgment: The management and economics approaches to the entrepreneur's choices," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 17(1), pages 7-23.
    5. Bylund, Per L. & McCaffrey, Matthew, 2017. "A theory of entrepreneurship and institutional uncertainty," Journal of Business Venturing, Elsevier, vol. 32(5), pages 461-475.
    6. Gras, David & Conger, Michael & Jenkins, Anna & Gras, Michael, 2020. "Wicked problems, reductive tendency, and the formation of (non-)opportunity beliefs," Journal of Business Venturing, Elsevier, vol. 35(3).
    7. Per L. Bylund & Mark D. Packard, 2022. "Subjective value in entrepreneurship," Small Business Economics, Springer, vol. 58(3), pages 1243-1260, March.
    8. Sarooghi, Hessam & AdelRastkhiz, Seyedeh Elahe & Hornsby, Jeffrey, 2021. "Heterogeneity of entrepreneurial opportunities as design artifacts: A business model perspective," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    9. Tuija Mainela & Vesa Puhakka & Per Servais, 2015. "Boundary crossing for international opportunities," Journal of International Entrepreneurship, Springer, vol. 13(3), pages 173-185, September.
    10. Packard, Mark D., 2017. "Where did interpretivism go in the theory of entrepreneurship?," Journal of Business Venturing, Elsevier, vol. 32(5), pages 536-549.
    11. Satu Korhonen & Tanja Leppäaho, 2019. "Well-trodden highways and roads less traveled: Entrepreneurial-oriented behavior and identity construction in international entrepreneurship narratives [Las sendas más trotadas y las rutas menos ex," Journal of International Entrepreneurship, Springer, vol. 17(3), pages 355-388, September.
    12. Gregory O’Shea & Steffen Farny & Henri Hakala, 2021. "The buzz before business: a design science study of a sustainable entrepreneurial ecosystem," Small Business Economics, Springer, vol. 56(3), pages 1097-1120, February.
    13. Fossen, Frank M. & König, Johannes, 2015. "Public health insurance and entry into self-employment," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112934, Verein für Socialpolitik / German Economic Association.
    14. Sergeeva, Anastasia & Bhardwaj, Akhil & Dimov, Dimo, 2021. "In the heat of the game: Analogical abduction in a pragmatist account of entrepreneurial reasoning," Journal of Business Venturing, Elsevier, vol. 36(6).
    15. Dileni Gunewardena & Abdoulaye Seck, 2020. "Heterogeneity in entrepreneurship in developing countries: Risk, credit, and migration and the entrepreneurial propensity of youth and women," Review of Development Economics, Wiley Blackwell, vol. 24(3), pages 713-725, August.
    16. Fossen, Frank M. & Neyse, Levent & Johannesson, Magnus & Dreber Almenberg, Anna, 2020. "2D:4D and Self-Employment Using SOEP Data: A Replication Study," IZA Discussion Papers 13180, Institute of Labor Economics (IZA).
    17. Riillo, Cesare Fabio Antonio & Peroni, Chiara, 2022. "Immigration and entrepreneurship in Europe: cross-country evidence," MPRA Paper 114580, University Library of Munich, Germany.
    18. Muñoz, Pablo & Cohen, Boyd, 2017. "Towards a social-ecological understanding of sustainable venturing," Journal of Business Venturing Insights, Elsevier, vol. 7(C), pages 1-8.
    19. Lois M. Shelton & Maria Minniti, 2018. "Enhancing product market access: Minority entrepreneurship, status leveraging, and preferential procurement programs," Small Business Economics, Springer, vol. 50(3), pages 481-498, March.
    20. Caliendo, Marco & Künn, Steffen & Weißenberger, Martin, 2016. "Personality traits and the evaluation of start-up subsidies," European Economic Review, Elsevier, vol. 86(C), pages 87-108.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:sajbmc:v:12:y:2023:i:2:p:194-206. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.