Successful Start-ups and Businesses in Emerging Economies
Edited by Ruta Aidis and Friederike Welter
Ruta Aidis and Friederike Welter Little is known about innovative and successful enterprises in countries that until 1990 belonged to the Soviet Union. Most previous research has focused extensively on the barriers to entrepreneurship and innovation that exist in these countries, some of which undoubtedly represent a hostile and harsh environment for any entrepreneurial activity. In this book, we oﬀer a diﬀerent perspective, shifting the focus to the innovative potential that these environments provide, demonstrating how entrepreneurs have been able to convert possibilities arising even in hostile business environments into successful businesses. Through this collection of in-depth case studies, we illustrate how successful and innovative businesses have been able to develop in six of these countries. The idea for such a book emerged from our research in Central and Eastern Europe and our interests in how enterprises developed during the transition period. Both editors have come across fascinating stories that show the enormous adaptability of entrepreneurs in these countries and that are not reﬂected in statistical research. We hope that in sharing some of these stories with a wider audience this collection will contribute to deepening our understanding of what constitutes entrepreneurship and innovation in countries that are neighbours to the enlarged Europe. Each case study highlights speciﬁc aspects of the interplay between the institutional setting, the environment and the individual characteristics of the entrepreneur which created an ‘enabling context’ for innovative behaviour to develop and grow, drawing attention to the opportunities and constraints oﬀered...