Research Handbook on Entrepreneurship in Emerging Economies
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Research Handbook on Entrepreneurship in Emerging Economies

A Contextualized Approach

Edited by Paresha Sinha, Jenny Gibb, Michèle Akoorie and Jonathan M. Scott

This Research Handbook offers contextualized perspectives on entrepreneurship in emerging economies. Emphasizing how national context profoundly shapes incentives for entrepreneurial efforts, chapters dissect the opportunities emerging from various institutions and social practices from the Middle East, North and Sub-Saharan Africa, Asia and Latin America. This Handbook is an ideal guide for researchers working on emerging economies, particularly those with an interest in global entrepreneurship.
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Chapter 10: Entrepreneurship in Indonesia: some contextual aspects

Grisna Anggadwita and Ramo Palalić

Abstract

Indonesia is a developing country that encourages the creation of entrepreneurial processes in various fields. It has a wealth of nature and culture diversity; the local potential is one of the capitals that can be developed to encourage entrepreneurial activity. Entrepreneurship is the ability of individuals to create economic opportunities from ideas, creativity and innovation in conditions of risk or uncertainty. Creative economy is a concept that places creativity and knowledge as the main assets in driving the economy. Entrepreneurship is depicted as an engine of a national economy and creative economy takes part in creating the process. The chapter gives the overviews of the entrepreneurship development as well as small and medium enterprises (SMEs) by focusing on creative industries in Indonesia. It goes more deeply into the current state of entrepreneurship, the business environment, opportunities and challenges. The chapter ends with suggestions for further development of entrepreneurship in Indonesia.

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