Empirical Assessment of the Transformational Effects of Small Entrepreneurship Support Policies in Georgia

Abstract

The article examines the transformative effect of economic policy supporting small entrepreneurship in Georgia. In contemporary economic conditions, small entrepreneurship is viewed not only as a source of employment and economic activity, but also as a key driver of innovation, structural transformation, and economic sustainability. Despite the quantitative growth of small businesses in Georgia, their productivity and competitiveness remain constrained, indicating the need for a deeper analysis of policy effectiveness.

The study is based on the evaluation of official statistical data, the institutional environment, and state support programs. It analyzes the main barriers to the development of small entrepreneurship, including access to financial resources, the quality of human capital, and technological lag. At the same time, positive trends are identified, particularly those related to improvements in the business environment and the expansion of state support mechanisms. The article argues that, although the policy framework supporting small entrepreneurship in Georgia has demonstrated significant progress, the full realization of its transformative potential requires a clearer policy orientation toward productivity growth, the promotion of innovation, and the strengthening of institutional coordination.