How Successful is the Entrepreneurship Ecosystem in Kyrgyzstan?

Entrepreneurship, which affects the increase of the welfare level of societies, is carried out in many countries to encourage and support policies. With the technological developments in the world, countries are trying to create and develop the entrepreneurship ecosystem. In particular, many private-state institutions such as techno parks and incubation centers on issues as investor networks, work areas, and know-how support technological entrepreneurs. Thanks to the development of the entrepreneurship ecosystem in question, the increase in entrepreneurship, the development and growth of startups are ensured. In this sense, it is aimed to examine the entrepreneurship ecosystem in Kyrgyzstan and to reveal the situation of startups in the country. The study conducted semi-structured interviews with 21 startups in Kyrgyzstan, focusing on startups. We analyzed the demographic characteristics of entrepreneurs, information about their enterprises, their relations in the entrepreneurship ecosystem, and support mechanisms in our research. As a result of analyses, the characteristics of the entrepreneurs in Kyrgyzstan and the entrepreneurship ecosystem were evaluated with discussion and results, the issues and suggestions that should be developed in the entrepreneurship ecosystem were presented.

Keyword: entrepreneurship; ecosystem; startup; Kyrgyzstan