The Role of Entrepreneurial Strategies in Overcoming Economic Challenges in Regional Markets
This research examines the role of entrepreneurial strategies in overcoming economic challenges across ten countries: the USA, Kazakhstan, UK, India, China, Poland, Brazil, Kenya, Saudi Arabia, and Turkey, during the period 2019–2023. By analyzing the impact of key strategies such as digital adoptio...
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| Format: | Article |
| Language: | English |
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University of Applied Sciences in Bielsko-Biała
2025-02-01
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| Series: | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
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| Online Access: | https://asej.eu/index.php/asej/article/view/858 |
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| _version_ | 1850284833492697088 |
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| author | Andrey Chshelokovskiy |
| author_facet | Andrey Chshelokovskiy |
| author_sort | Andrey Chshelokovskiy |
| collection | DOAJ |
| description | This research examines the role of entrepreneurial strategies in overcoming economic challenges across ten countries: the USA, Kazakhstan, UK, India, China, Poland, Brazil, Kenya, Saudi Arabia, and Turkey, during the period 2019–2023. By analyzing the impact of key strategies such as digital adoption, innovation, access to financing, and policy support, this study explores their influence on two key indicators: start-up survival rate and entrepreneurial growth rate. The research takes a quantitative approach that employs panel data regression, and utilizes secondary data from global economic databases. Results show that entrepreneurial activity is strong worldwide, but sustainability of start-ups dramatically differs between developed, emerging and developing economies. Higher Entrepreneurial growth rate and Start up survival rate is observed in the countries with more robust institutional support and access to resources. Lastly the study presents the possible recommendations for nurturing entrepreneurial ecosystems for sustainable business growth and economic resilience especially in the emerging and the developing markets.
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| format | Article |
| id | doaj-art-9033b046e1e147379e2d4b355bf27d0c |
| institution | OA Journals |
| issn | 2543-9103 2543-411X |
| language | English |
| publishDate | 2025-02-01 |
| publisher | University of Applied Sciences in Bielsko-Biała |
| record_format | Article |
| series | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
| spelling | doaj-art-9033b046e1e147379e2d4b355bf27d0c2025-08-20T01:47:28ZengUniversity of Applied Sciences in Bielsko-BiałaZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej2543-91032543-411X2025-02-0129110.19192/wsfip.sj1.2025.4The Role of Entrepreneurial Strategies in Overcoming Economic Challenges in Regional MarketsAndrey Chshelokovskiy0360 Painting of Dallas Dallas, TX - United StatesThis research examines the role of entrepreneurial strategies in overcoming economic challenges across ten countries: the USA, Kazakhstan, UK, India, China, Poland, Brazil, Kenya, Saudi Arabia, and Turkey, during the period 2019–2023. By analyzing the impact of key strategies such as digital adoption, innovation, access to financing, and policy support, this study explores their influence on two key indicators: start-up survival rate and entrepreneurial growth rate. The research takes a quantitative approach that employs panel data regression, and utilizes secondary data from global economic databases. Results show that entrepreneurial activity is strong worldwide, but sustainability of start-ups dramatically differs between developed, emerging and developing economies. Higher Entrepreneurial growth rate and Start up survival rate is observed in the countries with more robust institutional support and access to resources. Lastly the study presents the possible recommendations for nurturing entrepreneurial ecosystems for sustainable business growth and economic resilience especially in the emerging and the developing markets. https://asej.eu/index.php/asej/article/view/858entrepreneurial strategieseconomic challengesentrepreneurial growth rate |
| spellingShingle | Andrey Chshelokovskiy The Role of Entrepreneurial Strategies in Overcoming Economic Challenges in Regional Markets Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej entrepreneurial strategies economic challenges entrepreneurial growth rate |
| title | The Role of Entrepreneurial Strategies in Overcoming Economic Challenges in Regional Markets |
| title_full | The Role of Entrepreneurial Strategies in Overcoming Economic Challenges in Regional Markets |
| title_fullStr | The Role of Entrepreneurial Strategies in Overcoming Economic Challenges in Regional Markets |
| title_full_unstemmed | The Role of Entrepreneurial Strategies in Overcoming Economic Challenges in Regional Markets |
| title_short | The Role of Entrepreneurial Strategies in Overcoming Economic Challenges in Regional Markets |
| title_sort | role of entrepreneurial strategies in overcoming economic challenges in regional markets |
| topic | entrepreneurial strategies economic challenges entrepreneurial growth rate |
| url | https://asej.eu/index.php/asej/article/view/858 |
| work_keys_str_mv | AT andreychshelokovskiy theroleofentrepreneurialstrategiesinovercomingeconomicchallengesinregionalmarkets AT andreychshelokovskiy roleofentrepreneurialstrategiesinovercomingeconomicchallengesinregionalmarkets |