Abstract:
The purpose of this study is to create a representative socio-economic profle of entrepreneurs operating in the former Soviet Union (FSU) states as a pillar of the new
middle-class stratum. This study explored middle-class entrepreneurship from multiple perspectives, encompassing statistical analysis of microdata about households
and frms. The aim was to gauge entrepreneurship within a national framework
and examine its associations with social and economic factors. The study adopted
the Doing Business tool as a novel paradigm to establish a quantitative correlation
between the economic system in the post-Soviet space and the investigated variables.
The analysis revealed that prospective entrepreneurs are members of the younger
generation between the ages of 25 and 34; a critical factor in the development
of entrepreneurship is highly educated human capital; and typical representatives
of entrepreneurship intending to operate in the FSU states establish their own business
as a means of subsistence, not as a means of advancement in the social stratum. In
general, an entrepreneur of the middle class in the new economies of the post-Soviet
space does not demonstrate a high level of entrepreneurial activity and, as a pillar
of the middle-class stratum, is in the formation stage.
