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Conceptualising entrepreneurship in a transition context

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  • David Smallbone
  • Friederike Welter

Abstract

The paper sets out to review entrepreneurship in transition countries, assessing the extent to which theories and concepts of entrepreneurship developed in a market economy context can provide an appropriate interpretative framework. This is done in order to develop propositions for a model of entrepreneurship under transition conditions, which captures (1) the distinctive features of entrepreneurship, (2) the context for entrepreneurship in these countries and (3) the entrepreneurial process. The paper builds on previous papers by the authors, selectively using empirical evidence to support appropriate conceptualisation.

Suggested Citation

  • David Smallbone & Friederike Welter, 2006. "Conceptualising entrepreneurship in a transition context," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 3(2), pages 190-206.
    • Handle: RePEc:ids:ijesbu:v:3:y:2006:i:2:p:190-206
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    References listed on IDEAS

    as
    1. Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March.
    2. Welter, Friederike & Höhmann, Hans-Hermann & Lagemann, Bernhard & Kautonen, Teemu & Klymova, Alina & Malieva, Elena & Chepurenko, Alexander & Vanesaar, Urve & Dei Ottati, Gabi & Smallbone, David & Lyo, 2004. "Vertrauensbeziehungen in KMU: Ergebnisse eines länderübergreifenden Forschungsprojekts," RWI Materialien 10, RWI - Leibniz-Institut für Wirtschaftsforschung.
    3. Frye, Timothy & Shleifer, Andrei, 1997. "The Invisible Hand and the Grabbing Hand," American Economic Review, American Economic Association, vol. 87(2), pages 354-358, May.
    4. repec:zbw:rwimat:010 is not listed on IDEAS
    5. Baumol, William J., 1996. "Entrepreneurship: Productive, unproductive, and destructive," Journal of Business Venturing, Elsevier, vol. 11(1), pages 3-22, January.
    6. Frank J. Barrett, 1998. "Coda—Creativity and Improvisation in Jazz and Organizations: Implications for Organizational Learning," Organization Science, INFORMS, vol. 9(5), pages 605-622, October.
    7. Smallbone, David & Welter, Friederike, 2001. "The Distinctiveness of Entrepreneurship in Transition Economies," Small Business Economics, Springer, vol. 16(4), pages 249-262, June.
    8. John McMillan & Christopher Woodruff, 2002. "The Central Role of Entrepreneurs in Transition Economies," Journal of Economic Perspectives, American Economic Association, vol. 16(3), pages 153-170, Summer.
    Full references (including those not matched with items on IDEAS)

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