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Entrepreneurship in transition countries: a review

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  • Ruta Aidis

    (UCL School of Slavonic and East European Studies)

Abstract

The aim of this paper is to provide an overview of the key issues surrounding entrepreneurship development in transition countries focusing on six main themes. Though it can be argued that the transition countries started from more or less the same point when they embarked on their transitional path, in this paper, we indicate a number of the differences in initial conditions which further influenced SME development. By surveying the existing literature on SME development, this paper illustrates that as the transition process progresses, entrepreneurship development in transition countries is a story of increasing divergence. The transitional context provides unique opportunities for entrepreneurship activities to develop. However, at the same time this environment presents unique challenges for entrepreneurial development especially knowledge-based entrepreneurship as the free-market system matures within a context with low levels of SMEs and inherited negative views towards entrepreneurship.

Suggested Citation

  • Ruta Aidis, 2005. "Entrepreneurship in transition countries: a review," UCL SSEES Economics and Business working paper series 61, UCL School of Slavonic and East European Studies (SSEES).
    • Handle: RePEc:see:wpaper:61
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    References listed on IDEAS

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    Cited by:

    1. Ana Iolanda Vodă & Alina-Petronela Haller & Alexandru Anichiti & Gina Ionela Butnaru, 2020. "Testing Entrepreneurial Intention Determinants in Post-Transition Economies," Sustainability, MDPI, vol. 12(24), pages 1-26, December.
    2. Mario A. González-Corzo, 2015. "Entrepreneurship in Post-Socialist Economies: Lessons for Cuba," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 25.
    3. Acs, Zoltan & Virgill, Nicola, 2010. "Entrepreneurship in Developing Countries," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 6(1), pages 1-68, February.
    4. Valerija Botrić & Ljiljana Božić, 2018. "Human Capital as Barrier to Innovation: Post-Transition Experience," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 15(04), pages 1-17, August.
    5. Aidis, Ruta & Estrin, Saul & Mickiewicz, Tomasz, 2008. "Institutions and entrepreneurship development in Russia: A comparative perspective," Journal of Business Venturing, Elsevier, vol. 23(6), pages 656-672, November.
    6. Prof. Walter Ruda & Prof. Thomas A. Martin & Benjamin Danko & Dr. Agnieszka Kurczewska, 2012. "Existenzgründungsintentionen von Studierenden – Ein Entrepreneurship-Vergleich von Polen und Deutschland," Proceedings- 10th International Conference on Mangement, Enterprise and Benchmarking (MEB 2012),, Óbuda University, Keleti Faculty of Business and Management.
    7. Xiaohong He, 2009. "The Development Of Entrepreneurship And Private Enterprise In The People'S Republic Of China And Its Relevance To Transitional Economies," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 14(01), pages 39-58.
    8. Richard Woodward & Deniz E. Yörük & Slavo Radosevic, 2011. "Knowledge based firms from Central and East European countries: A comparative overview of case studies," CASE Network Studies and Analyses 428, CASE-Center for Social and Economic Research.
    9. Slavo Radosevic, 2007. "National Systems of Innovation and Entrepreneurship: In Search of a Missing Link," UCL SSEES Economics and Business working paper series 73, UCL School of Slavonic and East European Studies (SSEES).
    10. Aidis, Ruta & Estrin, Saul, 2006. "Institutions, Networks and Entrepreneurship Development in Russia: An Exploration," IZA Discussion Papers 2161, Institute of Labor Economics (IZA).
    11. Alexandra Moritz & Joern H. Block & Andreas Heinz, 2016. "Financing patterns of European SMEs -- an empirical taxonomy," Venture Capital, Taylor & Francis Journals, vol. 18(2), pages 115-148, April.
    12. Radu Ioan Åžimandan, 2015. "Free to Enterprise : Economic Freedom and Entrepreneurship In Romania," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(56), pages 87-100, June,.
    13. Malgorzata Godlewska, 2019. "Do interactions between formal and informal institutions matter for productive entrepreneurship?," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 18(1), pages 17-28, March.
    14. Urmatbek Tynaliev, 2014. "Is Individual Entrepreneurship Necessity Or An Opportunity In The Kyrgyz Republic? A Panel Study," European Journal of Business and Economics, Central Bohemia University, vol. 9(2), pages 5261:9-5261, November.
    15. Mario A. González-Corzo, 2015. "Entrepreneurship in Transition Economies: Selected Characteristics and Relevant Lessons for Cuba," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 91-115.
    16. Francisco J. García-Rodríguez & Inés Ruiz-Rosa & Desiderio Gutiérrez-Taño & Esperanza Gil-Soto, 2022. "Entrepreneurial intentions in the context of a collectivist economy: a comparison between Cuba and Spain," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 855-873, June.
    17. Francisco J. García-Rodríguez & Inés Ruiz-Rosa & Desiderio Gutiérrez-Taño & Esperanza Gil-Soto, 0. "Entrepreneurial intentions in the context of a collectivist economy: a comparison between Cuba and Spain," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-19.
    18. Maksim Belitski & Julia Korosteleva, 2011. "Entrepreneurship and cities: evidence from the post-communist world," ERSA conference papers ersa11p288, European Regional Science Association.
    19. Olga Obraztsova & Tatiana Poliakova & Ekaterina Popovskaya, 2017. "The Choice of Funding Sources for Start-Ups in a Transitional Economy: The Ability to Predict in a National Context," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 11(3), pages 71-81.
    20. Saurav Pathak & Emanuel Xavier-Oliveira & André O. Laplume, 2016. "Technology use and availability in entrepreneurship: informal economy as moderator of institutions in emerging economies," The Journal of Technology Transfer, Springer, vol. 41(3), pages 506-529, June.
    21. Maksim Belitski & Julia Korosteleva, 2011. "Entrepreneurship and Cities: Evidence from the Post-communist World," WIFO Working Papers 397, WIFO.
    22. Shirokova, Galina V. & Sokolova, Liubov S., 2013. "Exploring the Antecedents of Entrepreneurial Orientation in Russian SMEs: The Role of Institutional Environment," Working Papers 819, Graduate School of Management, St. Petersburg State University.

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