Theory, Evidence and Implications
Batten Entrepreneurship series
Edited by Phillip H. Phan, Sankaran Venkataraman and S. Ramakrishna Velamuri
* Phillip H. Phan, Sankaran Venkataraman and S. Ramakrishna Velamuri In this book we look at the phenomenon of entrepreneurship in emerging regions in India, China, Ireland, Eastern Europe, North and South America, and North and South east Asia. The ten chapters in this book were presented in a 2006 academic conference held at the Indian School of Business in Hyderabad, India, a fast emerging entrepreneurial region. The chapters were double blind peer reviewed and completed three to four rounds of revisions before they were accepted for publication in this volume. The book is organized into four parts to take the reader from a general framework for understanding the relationship between economic development and entrepreneurship in emerging regions to more speciﬁc examples of how entrepreneurs and their ﬁrms respond to the opportunity and threats that are dynamically evolving in such places. There are two ways to read the chapters in this book. The ﬁrst is to simply read them as a series of interesting case studies, grounded in extant theories of entrepreneurship and regional economic development. This would be to short change the potential of the book. The second way is to read them for theoretical insights into why entrepreneurship is so robust even in regions that appear not to have the ingredients (such as risk capital) for such activity. It is not surprising that self-employment naturally arises where the opportunities for meaningful employment are few, such as in rural economies. This kind of self-employment has been referred to as...