State support for women's entrepreneurship is a factor of sustainable economic development

Gulmira Andabayeva, T.I. Kakizhanova, Alfiya Yuriyevna Abinova

2025

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DOI 10.32523/2789-4320-2025-4-30-48
Data confidence 70 medium
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Abstract

The purpose of this article is to examine the impact of state support for women's entrepreneurship on the country's economic stability and development. Women's entrepreneurship plays a key role in the global economy, bringing about changes in various sectors of society by creating new jobs and introducing innovative solutions. This article utilizes comparative analysis methods to determine the level of women's participation in entrepreneurship and the main factors influencing the economy. To determine the relationship between these factors, a correlation analysis and econometric models were used to determine the impact of these factors on GDP per capita. Results: The study will analyze the mechanisms for supporting state programs in Kazakhstan from 2020 to 2024 in terms of financial, legal, and educational and professional development for women, as well as their role in improving economic stability. The impact of support for women's entrepreneurship on reducing social and gender inequality is also considered. It is concluded that effective state support will enable the full realization of women's entrepreneurial potential and will become a sustainable and long-term factor in the country's economic development. By collecting and analyzing statistical data and monitoring women's entrepreneurship, conclusions were drawn regarding systematic changes in both market trends and public policy. Conclusions – the model also confirmed that supporting women's entrepreneurship in the Republic of Kazakhstan, by stimulating the development and inclusion of all market participants, leads to economic growth. The findings will be useful for researchers, investment project organizers, and government officials.