Hidden Champions of the Republic of Kazakhstan

Christian Kahl, Aigerim Raimzhanova (), Aigerim Serikbekova and Sultanbek Kaiym
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Christian Kahl: Beijing Jiaotong University
Aigerim Raimzhanova: Narxoz University
Aigerim Serikbekova: Almaty Management University
Sultanbek Kaiym: Atyrau Oil and Gas University named after Safi Utebayev

A chapter in Hidden Champions in Dynamically Changing Societies, 2021, pp 213-227 from Springer

Abstract: Abstract This chapter is an overview of the hidden champion research in Kazakhstan. As the largest landlocked country in the world, and the fastest growing industry in Central Asia, primarily due to its natural resources, Kazakhstan represents an interesting case. The Kazakh market is of interest to neighboring Central Asian states, the Eurasian Economic Union, the CIS countries, Asia, Europe, and the USA. The entrepreneurial culture in Kazakhstan is on the rise and the country has seen the growth and development of diverse companies, from small and home grown to large franchises and joint ventures. The research revealed that the companies that could potentially be labeled as hidden champions were often supported by the government or did not hold a regional leader position. Thereby, many successful and innovative companies of research interest could not be included in the final version of this chapter as they did not satisfy the methodology requirements. Nevertheless, we were able to highlight two companies as potential hidden champions. This chapter overviews the political, economic, and socio-cultural context of the country and evaluates the issues surrounding the hidden champion research.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-65451-1_15

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DOI: 10.1007/978-3-030-65451-1_15

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