Research Handbook on Entrepreneurship in Emerging Economies 2020
DOI: 10.4337/9781788973717.00006
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Introduction to the Research Handbook on Entrepreneurship in Emerging Economies

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Cited by 6 publications
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“…The foremost reasons for this unapplicability are that emerging economies in the South Asia are unique 'heterogeneous economies' as these differ significantly in terms of their cultural contexts, business environment and government rules and regulations (Lawrence and Tar, 2010) and thus require more culturally aligned relevant strategies (Lim and Trakulmaykee, 2018). Earlier studies problematize the application of theories that do not fit the respective phenomena and context (Baker and Welter, 2018;Welter, Baker and Wirsching, 2019) of emerging economies (Bruton, Ahlstrom and Obloj, 2008;Scott et al, 2020); however, little attention was paid to understand why these theories do not fit in the emerging context. Most of SMEs in Pakistan as well as across the globe are managed and controlled by single owner-manager.…”
Section: Introductionmentioning
confidence: 99%
“…The foremost reasons for this unapplicability are that emerging economies in the South Asia are unique 'heterogeneous economies' as these differ significantly in terms of their cultural contexts, business environment and government rules and regulations (Lawrence and Tar, 2010) and thus require more culturally aligned relevant strategies (Lim and Trakulmaykee, 2018). Earlier studies problematize the application of theories that do not fit the respective phenomena and context (Baker and Welter, 2018;Welter, Baker and Wirsching, 2019) of emerging economies (Bruton, Ahlstrom and Obloj, 2008;Scott et al, 2020); however, little attention was paid to understand why these theories do not fit in the emerging context. Most of SMEs in Pakistan as well as across the globe are managed and controlled by single owner-manager.…”
Section: Introductionmentioning
confidence: 99%
“…While most of the government initiatives and solutions have been found to create a limited impact on reducing poverty, entrepreneurship and new ventures can more or less serve as an effective solution to poverty around the world (Ahlstrom, 2010;Alvarez, Barney, & Newman, 2015;Bruton et al, 2015). However, compared to entrepreneurs in developed economies, entrepreneurs in emerging economies do not just deal with resource constraints but also other obstacles, such as political instability and underdeveloped rule enforcement mechanisms, which hinder the development of venture capital and crowdfunding mechanisms (Scott, Sinha, Gibb, & Akoorie, 2020). Still, research on financing methods other than venture capital and crowdfunding of entrepreneurs in developing countries is limited.…”
Section: Introductionmentioning
confidence: 99%