What's Distinctive About Growth-Oriented Entrepreneurship In Developing Countries?
- Topics:
- Small Business
- Tags:
- Developing Country,
- Entrepreneurship,
- Finance,
- Free Trade,
- Management,
- Small And Medium Enterprise,
- Smb/Sme,
- University Of Texas
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Overview: Entrepreneurship in emerging markets is distinctive from that practiced in more developed countries. Better understanding these distinctions is critical to private sector development in developing countries. Of particular interest are new and growth-oriented enterprises, which have a greater capacity to create sustainable economic growth than microenterprises or long-established Small and Medium size Enterprises (SMEs) with limited growth prospects. The distinctions between growth-oriented entrepreneurs in developing and developed markets are rooted in the inefficiency of markets in many developing countries, but the response of entrepreneurs to these inefficiencies is often surprising and counterintuitive. These findings call into question the policy approaches to entrepreneurship development often advocated.
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Format: PDF | Size: 87KB | Date: May 2005 | Pages: 10
