Entrepreneurship in Emerging Markets: New Insights and Directions for Future Research

2013 ◽  
Vol 55 (5) ◽  
pp. 487-492 ◽  
Author(s):  
Ilan Alon ◽  
Daniel Rottig
Keyword(s):  
Emerging Markets ◽  
Future Research ◽  
Entrepreneurship In Emerging Markets

scholarly journals Entrepreneurship in Emerging Markets

2018 ◽  
pp. 456-494
Author(s):  
Saul Estrin ◽  
Tomasz Mickiewicz ◽  
Ute Stephan ◽  
Mike Wright
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Emerging Markets ◽  
Emerging Economies ◽  
Emerging Market ◽  
Developed Countries ◽  
Entrepreneurial Activity ◽  
Future Research ◽  
Individual Level ◽  
Entrepreneurship In Emerging Markets

The level of entrepreneurial activity is higher in emerging markets than in developed economies, driven by high levels of necessity entry and less daunting entry barriers, especially in the informal sector. However, a gap remains in our understanding of its extent and of the drivers of its change. This chapter addresses this gap by conceptualizing and providing evidence about the scale and nature of entrepreneurship in emerging markets. The chapter begins with an empirical analysis of entrepreneurship in emerging economies. In particular, it contrasts the way in which human capital is utilized by entrepreneurs in emerging market economies and in developed countries. The chapter goes on to the theme of human capital, bringing in theory, and considering entrepreneurship in emerging economies at the individual level as well as the role of entrepreneurs’ social capital in the emerging economy context. Furthermore, it considers the scale and impact of the repatriation of human and social capital from abroad, which is found to play an important role in entrepreneurship in many emerging economies, especially when considering innovation. The survey goes on to provide a macro-level analysis, with cross-country comparisons of the effects of institutions and finance on entrepreneurial activity in emerging markets. It concludes by suggesting avenues for future research.

scholarly journals Entrepreneurship in emerging markets: mapping the scholarship and suggesting future research directions

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Boris Inkizhinov ◽  
Elena Gorenskaia ◽  
Dashi Nazarov ◽  
Anton Klarin
Keyword(s):  
Systematic Review ◽  
Emerging Markets ◽  
Future Research ◽  
Research Directions ◽  
Content Type ◽  
Quantitative Studies ◽  
Important Field ◽  
Future Research Directions ◽  
And Performance ◽  
Entrepreneurship In Emerging Markets

PurposeTo provide a comprehensive systematic review of entrepreneurship in the context of emerging markets (EMs). The area of research is topical considering the rise of EMs on the global scene and the importance of entrepreneurship in the development of EMs.Design/methodology/approachThe paper utilizes scientometrics to provide a systematic review of the emerging field of entrepreneurship in EMs (EEMs). The entire Web of Science database was searched, and 2,568 scholarly outputs were extracted and analyzed as a result. The review further compares the EEMs research to the mainstream entrepreneurship research based on the top trending and high impact themes, demonstrates which countries published and are studied in the EEMs scholarship, and finally, it provides a proportion of empirical research done on EEMs to highlight methods utilized in the existing research.FindingsThe scientometric review reveals three broad domains of the EEMs scholarship–(1) Entrepreneurship in EMs and its implications; (2) MNEs, institutional environments, and FDI; and (3) Strategy, innovation and performance. The findings demonstrate that EEMs' scholarship primarily discusses environments within which EEMs takes place, the implications of EEMs, strategy and performance of EEMs (macro and meso-levels), thus highlighting the need for micro-level (individual-based) analysis of EEMs. Approximately, a third of the EEMs research is of empirical nature, more should be done especially in quantitative studies to develop this field further.Originality/valueThis research is unique in providing the largest review of EEMs scholarship. It divides the entire scholarship into three inter-related research streams and identifies future research directions in this immensely important field of research.

Consumer Behavior in Emerging Markets

2018 ◽  
pp. 218-240 ◽  
Author(s):  
Raquel Castaño ◽  
David Flores
Keyword(s):  
Consumer Behavior ◽  
Emerging Markets ◽  
Emerging Market ◽  
High Income ◽  
Future Research ◽  
Psychological Processes ◽  
Developed Markets ◽  
Contextual Characteristics ◽  
Initial Framework

Emerging markets are substantially different from markets in high-income, industrialized societies. While many aspects of consumer behavior are the result of inherent psychological processes and are, thus, generalizable across countries and cultures, the specific contextual characteristics of emerging markets can significantly influence other aspects of consumer behavior. In this chapter, we explore the behavior of emerging market consumers. This chapter reviews the existing literature and proposes an initial framework delineating the main differences between emerging markets and developed markets consumers that describe how consumers in these societies recognize a need for, select, evaluate, buy, and use products. The chapter discusses the issues and contributions of the research on emerging consumers and presents implications of extant research for international managers. Finally, the chapter elaborates on an agenda for future research in this area.

The Challenge of International Market Segmentation in Emerging Markets

2016 ◽  
pp. 2274-2293
Author(s):  
Ramazan Nacar ◽  
Nimet Uray
Keyword(s):  
Emerging Markets ◽  
Market Segmentation ◽  
International Market ◽  
International Markets ◽  
Future Research ◽  
Methodological Issues ◽  
Research Directions ◽  
Paradoxical Effects ◽  
Key Issues ◽  
Future Research Directions

Increasing paradoxical effects of globalization resulted in the increased homogenization and heterogenization of international markets. Globalization with its varying effects also increased the significance of international market segmentation over the last few decades. Despite the increased presence and usage of international market segmentation, in recent times, the rise of emerging markets have challenged the concepts and methods of international market segmentation. In order to address key issues of international market segmentation in emerging markets, this study briefly examined and assessed foremost conceptual and methodological issues of international market segmentation in emerging markets. Suggestions and future research directions are also provided.

Comparative Corporate Governance in Emerging Markets

2018 ◽  
pp. 184-218 ◽  
Author(s):  
Ruth V. Aguilera ◽  
Ilir Haxhi
Keyword(s):  
Corporate Governance ◽  
Emerging Markets ◽  
Boards Of Directors ◽  
Stakeholder Management ◽  
Top Management Teams ◽  
Comparative Approach ◽  
Future Research ◽  
Main Research ◽  
Bric Countries ◽  
Cross National

This chapter provides an overview of corporate governance (CG) in emerging markets (EMs). Focusing mainly on the BRIC countries (Brazil, Russia, India, and China), the chapter adopts a systematic cross-national comparative approach. It begins by highlighting the importance of better understanding CG in EMs, and identifies some of the key challenges these countries face as they seek to enhance their CG. The chapter goes on to review managerial research conducted after the year 2000 on CG in emerging markets in the following four categories: ownership, boards of directors, top management teams (TMTs), and CG practices and reform. The chapter discusses the main research questions and findings from this collective body of work. It is noteworthy how “siloed” this research has been in terms of drawing few cross-national comparisons. The third section offers an overview of the main CG features of each of the BRIC countries relative to one another, taking on the OECD Guidelines of CG as its benchmark framework. To do so, the chapter first addresses core governance areas related to the overall model of CG, ownership types and ownership rights, information disclosure and reporting, and stakeholder management and corporate social responsibility. The chapter concludes by highlighting common themes for CG in emerging markets and suggesting fruitful areas for future research.

scholarly journals An exposition of resource capabilities for SMEs in the emerging markets

2014 ◽  
Vol 17 (3) ◽  
pp. 310-318 ◽  
Author(s):  
Ritam Garg ◽  
Kalyan K De
Keyword(s):  
Emerging Markets ◽  
Emerging Economies ◽  
Dynamic Capabilities ◽  
Core Competency ◽  
Business Environment ◽  
Growth Potential ◽  
Future Research ◽  
Resource Based View ◽  
Competitive Edge ◽  
Conceptual Clarity

Emerging markets’ small and medium sized enterprises (SMEs), despite having enormous growth potential and significance in the economy, have not been able to harness the advantages of internationalisation and subsequently have fallen short in facing the challenges of globalised competition. The purpose of this study was to review and explore the importance of the resource capabilities, building on the literature from the resource based view (RBV), (core) competency and dynamic capabilities theory, as the main rationale behind their significance in the SME internationalisation. This study intends to provide conceptual clarity about the resource capabilities and their importance in providing the SMEs in the emerging economies, the competitive edge to sustain themselves in today’s business environment. The study concludes with an agenda for future research.

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