Legal regulation of social entrepreneurship

Abstract

Relevance. The relevance of the study on social entrepreneurship in Kazakhstan is conditioned upon the fact that it is an essential source of social, economic, and environmental wealth, and is also defined as one of the key components in the policy of developed countries. Purpose. The purpose of this paper is to cover the integral mechanism of functioning of the segment under study and to investigate its legal regulation. Methodology. In this article were used methodological approaches, such as the theoretical methodological approach, the method of legal hermeneutics, the statistical method, the method of comparative legal analysis, the method of synthesis, etc. Results. The results of the study showed that currently social entrepreneurship in Kazakhstan fully provides the state with the completeness of the performance of the functions assigned to it, but to increase this indicator, the practices of advanced countries, especially the USA, Great Britain, Australia, South Korea, and Malaysia were studied, which will contribute to the allocation of recommendations for raising the role of effective social entrepreneurship in the region under study. Conclusions. This study identifies and covers the theoretical aspect of the implementation of social entrepreneurship, analyses the legal norms regulating this activity in Kazakhstan, namely the Entrepreneurial Code of the Republic of Kazakhstan, the Resolution of the Republic of Kazakhstan "Rules for maintaining the register of social entrepreneurship entities" (2021) and other regulations; the statistics of social entrepreneurship in the cities of republican significance of Nursultan were analysed in detail Almaty, Shymkent, and other regions; based on this, the advantages of social entrepreneurship in Kazakhstan and the problems that may stand in the way of the proper functioning of this sector were investigated.