Entrepreneurship in the Third World : Risk and Uncertainty in Industry in Pakistan

First Published in 1988 Entrepreneurship in the Third World argues that the substantial theoretical literature on entrepreneurship and small business development really relates to the developed world only and is not applicable to the developing world.

First Published in 1988 Entrepreneurship in the Third World argues that the substantial theoretical literature on entrepreneurship and small business development really relates to the developed world only and is not applicable to the developing world. It argues that, because of the very different circumstances indeed which apply in the developing world- for example, the less developed banking system or the expectation that breadwinners provide for extended families- new theories of entrepreneurship and small business development need to be generated for the developing world. It goes on to put forward theories here, analysing and presenting a substantial body of original data. It discusses policies which third world countries have adopted to assist small business growth and concludes by suggesting, in the light of the research findings and the theories put forward, how these might be improved. This book will be of interest to scholars and researchers of Pakistani economics, South Asian economics, and business economics.