IDEAS home Printed from https://ideas.repec.org/a/aaw/grrjrn/v4y2019i1p376-383.html
   My bibliography  Save this article

Entrepreneurships Role in Enhancing the Productivity and Sustainability of Pakistan

Author

Listed:
  • Fahmeed Idrees

    (Assistant Professor, FAST School of Management,National University of Computer & Emerging Sciences (Lahore Campus), Punjab, Pakistan.)

  • Hamid Hassan

    (Professor,FAST School of Management,National University of Computer & Emerging Sciences (Lahore Campus), Punjab, Pakistan.)

Abstract

This paper explores the emerging trend of entrepreneurship and social entrepreneurship globally as well as in Pakistan. It discusses, how entrepreneurship playsa central role in economic progression for developed countries like the United States and how it has the potential to play a pivotal role in the case of a developing country like Pakistan. According to various studies, Pakistan with the 175 million population is the 6th most populated county globally, having 60 percent of its population under the age of 25 years. A well trained, educated and entrepreneurial oriented population can be an asset for a developing economy. Literature has reviewed, discussed and pointed out main issues, difficulties, and opportunities about entrepreneurship in Pakistan; presents a working model of entrepreneurship that can foster entrepreneurship. Therefore, a conceptual framework is developed which further can be tested empirically. This study presents entrepreneurship as a way forward for the national development of Pakistan.

Suggested Citation

  • Fahmeed Idrees & Hamid Hassan, 2019. "Entrepreneurships Role in Enhancing the Productivity and Sustainability of Pakistan," Global Regional Review, Humanity Only, vol. 4(1), pages 376-383, March.
  • Handle: RePEc:aaw:grrjrn:v:4:y:2019:i:1:p:376-383
    DOI: h10.31703/grr.2019(IV-I).40
    as

    Download full text from publisher

    File URL: https://grrjournal.com/jadmin/Auther/31rvIolA2LALJouq9hkR/UDiHx7rwRD.pdf
    Download Restriction: no

    File URL: https://www.grrjournal.com/issue/Entrepreneurships-Role-in-Enhancing-the-Productivity-and-Sustainability-of-Pakistan
    Download Restriction: no

    File URL: https://libkey.io/h10.31703/grr.2019(IV-I).40?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Nadeem Ul Haque, 2007. "Entrepreneurship in Pakistan," Microeconomics Working Papers 22190, East Asian Bureau of Economic Research.
    2. Nadeem Ul Haque, 2007. "Entrepreneurship in Pakistan," PIDE-Working Papers 2007:29, Pakistan Institute of Development Economics.
    3. Nadeem Ul Haque & Manmohan S. Kumar & Nelson Mark & Donald J. Mathieson, 1996. "The Economic Content of Indicators of Developing Country Creditworthiness," IMF Staff Papers, Palgrave Macmillan, vol. 43(4), pages 688-724, December.
    4. Mair, Johanna & Marti, Ignasi, 2004. "Social entrepreneurship: What are we talking about? A framework for future research," IESE Research Papers D/546, IESE Business School.
    5. Matthieu Chemin, 2010. "Entrepreneurship in Pakistan: government policy on SMEs, environment for entrepreneurship, internationalisation of entrepreneurs and SMEs," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 5(3), pages 238-247.
    6. Marcel A. G. Meerhaeghe, 2006. "Nietzsche and Economics," The European Heritage in Economics and the Social Sciences, in: Jürgen G. Backhaus & Wolfgang Drechsler (ed.), Friedrich Nietzsche (1844–1900), chapter 3, pages 39-53, Springer.
    7. Ma, Hao & Tan, Justin, 2006. "Key components and implications of entrepreneurship: A 4-P framework," Journal of Business Venturing, Elsevier, vol. 21(5), pages 704-725, September.
    8. Johanna Mair & Ignasi Marti, 2006. "Social Entrepreneurship Research: A Source of Explanation, Prediction, and Delight," Post-Print hal-02311880, HAL.
    9. Vesa Kanniainen & Panu Poutvaara, 2007. "Imperfect Transmission of Tacit Knowledge and other Barriers to Entrepreneurship," CESifo Working Paper Series 2053, CESifo.
    10. Besnik A. Krasniqi, 2007. "Barriers To Entrepreneurship And Sme Growth In Transition: The Case Of Kosova," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 12(01), pages 71-94.
    11. Mair, Johanna & Martí, Ignasi, 2006. "Social entrepreneurship research: A source of explanation, prediction, and delight," Journal of World Business, Elsevier, vol. 41(1), pages 36-44, February.
    12. International Monetary Fund, 1996. "The Economic Content of Indicators of Developing Country Creditworthiness," IMF Working Papers 1996/009, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Barbara Bradač Hojnik & Katja Crnogaj, 2020. "Social Impact, Innovations, and Market Activity of Social Enterprises: Comparison of European Countries," Sustainability, MDPI, vol. 12(5), pages 1-15, March.
    2. Agnieszka Pacut, 2020. "Drivers toward Social Entrepreneurs Engagement in Poland: An Institutional Approach," Administrative Sciences, MDPI, vol. 10(1), pages 1-24, January.
    3. Nur Raihan Che Nawi & Mohd Mursyid Arshad & Steven Eric Krauss & Ismi Arif Ismail, 2018. "Social Entrepreneur as Career: Why it Attracts Youth in Malaysia?," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 8(6), pages 24-36, June.
    4. Irfan ul Haque, 2016. "The Productivity Growth–Technology–Entrepreneurship Nexus: Implications for Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 21(Special E), pages 15-31, September.
    5. Kusa Rafał, 2016. "Internationalization of the Entrepreneurial Activity of Social Purpose Organizations," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 52(1), pages 77-93, December.
    6. Dailami, Mansoor & Ul Haque, Nadeem, 1998. "What macroeconomic policies are"sound?"," Policy Research Working Paper Series 1995, The World Bank.
    7. Canestrino, Rossella & Ćwiklicki, Marek & Magliocca, Pierpaolo & Pawełek, Barbara, 2020. "Understanding social entrepreneurship: A cultural perspective in business research," Journal of Business Research, Elsevier, vol. 110(C), pages 132-143.
    8. Mora, Nada, 2006. "Sovereign credit ratings: Guilty beyond reasonable doubt?," Journal of Banking & Finance, Elsevier, vol. 30(7), pages 2041-2062, July.
    9. Ted Baker & E. Erin Powell, 2019. "Entrepreneurship as a new liberal art," Small Business Economics, Springer, vol. 52(2), pages 405-418, February.
    10. Nosheena Yasir & Nasir Mahmood & Hafiz Shakir Mehmood & Osama Rashid & An Liren, 2021. "The Integrated Role of Personal Values and Theory of Planned Behavior to Form a Sustainable Entrepreneurial Intention," Sustainability, MDPI, vol. 13(16), pages 1-21, August.
    11. Evers, Natasha & Ojala, Arto & Sousa, Carlos M.P. & Criado-Rialp, Alex, 2023. "Unraveling business model innovation in firm internationalization: A systematic literature review and future research agenda," Journal of Business Research, Elsevier, vol. 158(C).
    12. Nima Mirzaei & Béla Vizvári, 2015. "A New Approach to Reconstruction of Moody’s Rating System for Countries Investment Risk Rating," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 4(3), pages 167-182.
    13. Ericka Molina-Ramírez & Virginia Barba-Sánchez, 2021. "Embeddedness as a Differentiating Element of Indigenous Entrepreneurship: Insights from Mexico," Sustainability, MDPI, vol. 13(4), pages 1-19, February.
    14. Kajenthiran. K & Achchuthan. S & Ajanthan. A, 2017. "A Quest for Seeking Microcredit among Youth: Evidence from an Emerging Nation in South Asian Region," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 7(2), pages 1-8.
    15. Petra Palić & Nikolina Pejović & Ana Pavković, 2022. "The State of Social Entrepreneurship in Selected European Union Countries," Acta Economica Et Turistica, Libertas International University, vol. 8(1), pages 3-23, June.
    16. Pradeep Kumar Hota, 2023. "Tracing the Intellectual Evolution of Social Entrepreneurship Research: Past Advances, Current Trends, and Future Directions," Journal of Business Ethics, Springer, vol. 182(3), pages 637-659, January.
    17. Karin Kreutzer, 2022. "On the Discursive Construction of Social Entrepreneurship in Pitch Situations: The Intertextual Reproduction of Business and Social Discourse by Presenters and Their Audience," Journal of Business Ethics, Springer, vol. 179(4), pages 1071-1090, September.
    18. Mark Griffiths & Jill Kickul & Sophie Bacq & Siri Terjesen, 2012. "A Dialogue with William J. Baumol: Insights on Entrepreneurship Theory and Education," Entrepreneurship Theory and Practice, , vol. 36(4), pages 611-625, July.
    19. Busch, Christian & Barkema, Harry, 2022. "Align or perish: social enterprise network orchestration in Sub-Saharan Africa," LSE Research Online Documents on Economics 115350, London School of Economics and Political Science, LSE Library.
    20. Barki, Edgard & de Campos, José Guilherme F. & Lenz, Anna-Katharina & Kimmitt, Jonathan & Stephan, Ute & Naigeborin, Vivianne, 2020. "Support for social entrepreneurs from disadvantaged areas navigating crisis: Insights from Brazil," Journal of Business Venturing Insights, Elsevier, vol. 14(C).

    More about this item

    Keywords

    Entrepreneurship Development in Pakistan; Conceptual Model; Emerging Trends; Workforce; Internationalization; International Entrepreneurship;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aaw:grrjrn:v:4:y:2019:i:1:p:376-383. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: M Imran Khan (email available below). General contact details of provider: http://www.humanityonly.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.