Contrasting Entrepreneurial Economic Developments in Less-Developed Latin American Markets: Applications and Extensions of Resource-Based Theory

G. Page West (), Charles Bamford () and Jesse W. Marsden ()
Additional contact information
G. Page West: Calloway School of Business, Wake Forest University
Jesse W. Marsden: School of International Service, American University

Discussion Paper Series from McColl School of Business, Queens University of Charlotte

Abstract: Emerging economies face daunting economic development challenges. Economists and management consultants have generally suggested global solutions which typically focus solely on foreign direct investment. Yet a resource-based theory approach offers an alternative view that economic development in which a foundation of resources within an region gestates entrepreneurial activity. While theoretically appealing, it is unclear in application how such resources can be developed or which types of resources are most important to develop. This paper extends the application of resource-based theory to entrepreneurial economic development in subsistence economies. A qualitative study of contrasting entrepreneurial activity in Chiapas (Mexico) and Atenas (Costa Rica) and the primacy of intangible resources – and especially entrepreneurial orientation resources – in the gestation of entrepreneurial activity.

Keywords: Entrepreneurship; Resource-Based Theory (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
ftp://ftp.drivehq.com/msbftp/repec/pdfs/wpapers/msbwp2008-03.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:msb:wpaper:2008-03

Access Statistics for this paper

More papers in Discussion Paper Series from McColl School of Business, Queens University of Charlotte
Contact information at EDIRC.
Series data maintained by HP Bowen ().