Entrepreneurs in Emerging Countries: A Review and Assessment of Constraint
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 12
Abstract
This paper reviews, summarizes and ranks the constraints faced by entrepreneurs in emerging countries, from an entrepreneur’s perspective at a macro level. Given that, these countries face resource constraints for creation of favorable policy environment for entrepreneurs, the policy makers need to prioritize the allocation of their scarce resources within the constraint they have found themselves. Keeping in consideration this concern, the paper develops a simple ‘executable’ framework for the policy makers. While financial constraints and constraints due to business, economic and political environment emerged as major obstacles from an entrepreneur’s perspective, infrastructural constraints emerge as a vital constraint from the policy maker’s perspective.
Authors and Affiliations
Victor O. Ogunbiyi, Aliyu Saadiya, Ibrahim Kabiru Bashiru
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