Abstract
The given article is devoted to the contemporary concepts of female entrepreneurship and its features, particularly the case of Kazakhstan as the leading developing country of Central Asia. The importance of female entrepreneurship development has been highlighted as a key economic factor forming the innovation potential of the modern economy resulting in stable economic growth within a country. The research methodology of this paper is based on conducting a historical retrospective, comparative analysis of existing patterns of macroeconomic development, political and social issues in the context of the female entrepreneurship formation and development. It also implemented problematic analyses, systematic vision, causes and consequences analysis and expert assessment, interviewing and broad online survey. The methodology of the research is based on both primary and secondary data collected and processed. Taking into account the specifics and key problems female entrepreneurs face, possible solutions and recommendations on how to improve the current social and economic situation to unleash the female entrepreneurship potential of Kazakhstan are proposed.