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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Main Author: Andrey Chshelokovskiy
Format: Article
Language:English
Published: University of Applied Sciences in Bielsko-Biała 2025-02-01
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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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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institution OA Journals
issn 2543-9103
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language English
publishDate 2025-02-01
publisher University of Applied Sciences in Bielsko-Biała
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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