Entrepreneurship in post-conflict countries: a literature review

Abstract

Many countries are in a state of post-conflict, a situation where an armed conflict between countries or within a country has just come to an end. Such countries are typically poor and characterized by political instability, economic problems and social unrest. Entrepreneurship is considered crucial for such countries as a driver of economic recovery and peacebuilding. However, the exact role and effect of entrepreneurship in a post-conflict context is not well understood and an integrative perspective is needed. Our study reviews the fragmented knowledge on entrepreneurship in post-conflict countries. We structure the literature into four distinct categories (when and where, who and why, how, and impact) and develop an integrative conceptual model. Our review reveals research gaps and suggests directions for future research on entrepreneurship in post-conflict countries. Our study also helps policy-makers to design an effective entrepreneurship policy considering the specific requirements of post-conflict contexts.

Entrepreneurial finance in Europe and the Russian war against Ukraine

“…The paper also relates to the growing literature on entrepreneurship in (post-) conflict countries (Brück et al, 2013;Moritz et al, 2023;Naudé et al, 2023). During the time of the conflict, the conflict is likely to reduce entrepreneurial opportunities and damage the institutions that are needed to attract entrepreneurial finance and other resources.…”

“…In particular, financial criteria and entrepreneurial experience become more important. The fourth contribution is to the literature on entrepreneurship in conflict countries (Brück et al, 2013;Moritz et al, 2023;Naudé et al, 2023). Judging from the answers of those investors with an investment focus in Eastern Europe, it seems that the (short-term and immediate) impact of the war on entrepreneurship is clearly negative.…”