Fig. 3.6. Primary reasons for business discontinuation in Ukraine, 2023
highlights the multiple hurdles Ukrainian entrepreneurs are facing, compounded by economic Graduate education (the respondent holds a post-graduate diploma, bachelor's or degree) dominate in all categories, with a slight decrease in percentages from nascent entrepreneurs (63.3%) to owner-managers in established firms (62.5%). This suggests that development of their business, which may indicate that those with higher levels of education resources needed to start and maintain a business. Post-secondary education ranks as the next most prevalent level, experiencing a significant rise from the nascent entrepreneurial stage (28.9%) to the new entrepreneurial stage (37.1%), and further to the established entrepreneurial stage (37.5%). This indicates that entrepreneurs