Entrepreneurship in Developing Countries

Ács, Zoltán J.; Virgill, Nicola

doi:10.1007/978-1-4419-1191-9_18

Cited by 74 publications

(67 citation statements)

References 64 publications

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“…More specifically, nations with lower levels of control corruption are in low stages of economic development and, in turn, show higher rates of local agents who start their own business because other employment options are either absent or unsatisfactory (Álvarez and Urbano, 2011). Moreover, as suggested by Acs and Virgill (2010), where market and …”

Section: Discussionmentioning

confidence: 89%

“…Moreover, there is pent-up demand for basic and high-end consumer goods, and Latin American markets can be easily targeted because the countries in the region are very urbanized, with the MRR 38,2 population concentrated either in the capital and/or in large cities where the middle and upper classes live (Maharajh and Heitmeyer, 2005). Nevertheless, despite its substantial worldwide economic importance, Latin America has received very limited attention in the literature on franchising (Acs and Virgill, 2010;Guzmán-Alfonso and Guzmán-Cuevas, 2012).…”

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confidence: 99%

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European franchise expansion into Latin America

Graciá

2015

MRR

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. AbstractPurpose -This study aims to enhance the knowledge that managers and scholars have on franchising expansion. In this sense, it is worth mentioning that although the body of literature on international management focusing on emerging markets is growing, the attention paid to the Latin American context continues to be limited. This is surprising given the substantive economic importance of the region with a population over 590 million, and a gross domestic product of approximately US$5 trillion. To cover this gap, the present study examines how a number of market conditions may drive diffusion of franchising into Latin America: geographical distance, cultural distance, political stability and economic development. The authors also controlled for the host country's market potential, transparency, unemployment rate and efficiency of contract enforcement. Design/methodology/approach -This study uses a quantitative approach applied to a sample of 77 Spanish franchisors operating through 4,064 franchisee outlets across 21 Latin American countries in late 2012.

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Section: Discussionmentioning

confidence: 89%

mentioning

confidence: 99%

European franchise expansion into Latin America

Graciá

2015

MRR

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“…In DCs, more general market failures and regulatory constraints are obvious and severe, ranging from extreme financial rationing to a lack of property rights and bribing. In this context, any entrepreneurial policy should consider it a priority to remove the market, institutional and informational constraints that prevent potential entrepreneurs from starting a new business (Acs and Virgill 2009). In this respect, tailored subsidies and supports, such as those briefly discussed above, should be coupled with framework and infrastructural policies that are able to improve the business climate where new ventures can find a proper environment to start and grow.…”

Section: Main Findings and Some Policy Suggestionsmentioning

confidence: 99%

Drivers of Entrepreneurship and Post-entry Performance of Newborn Firms in Developing Countries

Quatraro¹,

Vivarelli²

2014

World Bank Res Obs

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The aim of this paper is to provide an updated survey of the "state of the art" in entrepreneurial studies, with a particular focus on developing countries (DCs). In particular, the same concept of "entrepreneurship" will be critically discussed, then moving to the institutional, macroeconomic and microeconomic conditions affecting the entry of new firms and the post-entry performance of newborn firms.

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“…A profitable business opportunity is one of the four elements Vesper (1983) identifies in venture creation. Entrepreneurial opportunity allows those individuals who own an entrepreneurial "spirit" to go beyond any cultural boundaries (Acs & Virgill, 2010). Many issues, from high rate of customer untouched needs, to high rate of unemployment in the society, could be seen as entrepreneurship opportunities.…”

Section: Lack Of Entrepreneurship Opportunitiesmentioning

confidence: 99%

Understanding the Interactions among the Barriers to Entrepreneurship Using Interpretive Structural Modeling

Raeesi¹,

Dastrang²,

Mohammadi³

et al. 2013

IJBM

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Entrepreneurship brings about economic innovation and job formation, and its improvement can well account for the unemployment crisis. However, many barriers either stop entrepreneurs from entering the market, or lead their business to failure after entering. These barriers have been sparsely and case dependently reported in the literature, but, to the best of our knowledge, no studies have been yet designated to investigate the general barriers to entrepreneurship. This paper tries to bridge this gap by reviewing the most relevant and available literature to elicit the major general barriers to entrepreneurship. Eleven general barriers to entrepreneurship are identified and supported by the related literature. Since these barriers are not independent and unconnected, but interrelated and interactive, understanding the interactions among them can help decision makers in determining appropriate overcoming measures. In order to model these interactions this paper utilizes interpretive structural modeling (ISM) which has shown to be an efficient approach for analyzing systematic interactions among barriers. We distinct barriers into two groups of inside and outside barriers and with the support of the ISM-based model, we show that inside barriers are dependent on outside barriers. Corrupted and unsupportive business environment then, shows to be the major driving barrier to entrepreneurship.

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Entrepreneurship in Developing Countries

Cited by 74 publications

References 64 publications

European franchise expansion into Latin America

European franchise expansion into Latin America

Drivers of Entrepreneurship and Post-entry Performance of Newborn Firms in Developing Countries

Understanding the Interactions among the Barriers to Entrepreneurship Using Interpretive Structural Modeling

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