Entrepreneurs in emerging economies: What makes people want to develop a business?

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

It isn't easy at the best of times to bring new business ideas to the market, or to go from spotting an opportunity to launching a successful product that makes your business take off and grow. How much harder, then, to do this in an emerging economy, where the problems of doing business are so much greater? Even so, it's clear that many business people consider it worthwhile to act as entrepreneurs in these conditions – and that their success is a key part of economic development. What are the factors that drive them on? And are there ways of increasing entrepreneurial intensity in an emerging economy?

Practical implications

The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to digest format.

Citation

(2013), "Entrepreneurs in emerging economies: What makes people want to develop a business?", Strategic Direction, Vol. 29 No. 1, pp. 12-15. https://doi.org/10.1108/02580541311285366