Analysis of Rural Entrepreneurship under the Theorethical Approach of Resources and Capabilities: The Case of a Rural Microbusiness

Abstract

The aim of this paper is to analyze the case of a joint venture stage to determine the successes and failures to undertake this business, based on the theory of resources and skills of entrepreneurship and business. It is intended to answer the question, what were the successes and failures committed by entrepreneurs to run the business plan in this particular case? The answers were found relating the situations described in the case with the theories of resources and skills and entrepreneurship. The analysis concludes that the empirical knowledge of entrepreneurs, in this case were not sufficient to direct the business to success, and that the lack of structured knowledge and adequate scientific support for this project strongly directed towards the non-permanence on the market.

Keywords: entrepreneurship, women entrepreneurs, PROMUSAG, resources and capabilities, competitive advantage

JEL Classification: M13, O13, O18