Exploring Entrepreneurship and SME Development in a Post Soviet Context
Friederike Welter
No 5, TeliaSonera Institute Discussion papers from Baltic International Centre for Economic Policy Studies (BICEPS), Stockholm School of Economics in Riga (SSE Riga)
Abstract:
This discussion paper is concerned with entrepreneurship and the development of small and mediumsized enterprises (SME) in Central and Eastern European (CEE) countries, where the transition from a socialist command economy towards a marketbased system opened up enormous possibilities for private entrepreneurs. Since the early 1990s, private entrepreneurship gained ground, and the same applies to research on new and small enterprises [e.g., Aidis (2003, 2006), Aidis et al. (2007), Djankov et al. (2005), Dombrovsky and Uebele (2005), Lageman (1995), McIntyre and Dallago (2003), OECD (1996), Pfirrmann and Walter (2002), Sauka and Welter (2007), Smallbone (1997), Smallbone and Welter (2001a, 2001b, 2003, 2006a, 2006b), Welter (1996, 1997, 2005), Welter and Smallbone (2003), Welter et al. (2004, 2006)], although some authors consider entrepreneurship research in CEE still to be a very young field [Meyer and Peng (2005)2]. In this paper I will discuss some facets of entrepreneurship in a post Soviet (or transition) context, outline important factors influencing entrepreneurship and small business development and review some of the policy issues involved in fostering entrepreneurship development. The paper draws on the results of several research projects I have undertaken in CEEs together with David Smallbone from Kingston University in the UK and colleagues from various countries.
Pages: 20 pages
Date: 2006-10
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Citations: View citations in EconPapers (1)
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