Entrepreneurship and development in Asia
by James Richardson
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 4, No. 5, 2004

Abstract: Both theory and evidence suggest that entrepreneurial activity can be a source of job creation and economic growth. Governments and international development organisations have initiated numerous programmes to stimulate and support entrepreneurs in both developing and developed countries of Asia. Many such programmes are focused on the very poor. Large public and private investments have been made. This paper reviews some of the theory and evidence about the role of entrepreneurial activity in economic development and poverty alleviation. The relationship is shown to be complex – entrepreneurial activity appears to be neither necessary nor sufficient for economic development to occur. Possible explanations of the role of entrepreneurship in economic development are discussed to suggest future research.

Online publication date: Tue, 30-Nov-2004

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