Entrepreneurship and Context
Show Less

Entrepreneurship and Context

Friederike Welter

This book identifies Friederike Welter’s key contribution to entrepreneurship research over recent decades, and shows how her work is contextualised in time and place. The book gives a differentiated understanding of entrepreneurship and contexts, celebrating diversity as well as complexity.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 2: Entrepreneurship in Transition Economies: Necessity or Opportunity Driven?

David Smallbone and Friederike Welter


This paper investigates the meaning and appropriateness of concepts of necessity and opportunity driven entrepreneurship in early stage transition economies, where market reform has been slow and institutional deficiencies make the environment for productive entrepreneurship difficult. Using a combination of survey and case study evidence, the authors show the limitations of extracting such terms from their social context, with implications for the assessment of the entrepreneurial capacity of these countries. Moreover, it is argued that such concepts pay insufficient attention to dynamic influences, such as the learning capacity of individuals, particularly in contexts where entrepreneurs typically possess considerable human capital.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.