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Hidden Champions of the Republic of Kazakhstan

In: Hidden Champions in Dynamically Changing Societies

Author

Listed:
  • Christian Kahl

    (Beijing Jiaotong University)

  • Aigerim Raimzhanova

    (Narxoz University)

  • Aigerim Serikbekova

    (Almaty Management University)

  • Sultanbek Kaiym

    (Atyrau Oil and Gas University named after Safi Utebayev)

Abstract

This chapter is an overview of the hidden champion research in Kazakhstan. As the largest landlocked country in the world, and the fastest growing industry in Central Asia, primarily due to its natural resources, Kazakhstan represents an interesting case. The Kazakh market is of interest to neighboring Central Asian states, the Eurasian Economic Union, the CIS countries, Asia, Europe, and the USA. The entrepreneurial culture in Kazakhstan is on the rise and the country has seen the growth and development of diverse companies, from small and home grown to large franchises and joint ventures. The research revealed that the companies that could potentially be labeled as hidden champions were often supported by the government or did not hold a regional leader position. Thereby, many successful and innovative companies of research interest could not be included in the final version of this chapter as they did not satisfy the methodology requirements. Nevertheless, we were able to highlight two companies as potential hidden champions. This chapter overviews the political, economic, and socio-cultural context of the country and evaluates the issues surrounding the hidden champion research.

Suggested Citation

  • Christian Kahl & Aigerim Raimzhanova & Aigerim Serikbekova & Sultanbek Kaiym, 2021. "Hidden Champions of the Republic of Kazakhstan," Springer Books, in: Alenka Braček Lalić & Danica Purg (ed.), Hidden Champions in Dynamically Changing Societies, edition 1, pages 213-227, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-65451-1_15
    DOI: 10.1007/978-3-030-65451-1_15
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