Entrepreneurship in Transitional Economies: Review and Integration of Two Decades of Research

Journal of Developmental Entrepreneurship (JDE), Forthcoming

Posted: 9 Jun 2010

See all articles by Ivan M. Manev

Ivan M. Manev

University of Maine - Business School

Tatiana S. Manolova

Bentley University

Date Written: March 1, 2010

Abstract

This review maps research on entrepreneurship in transitional economies since the start of institutional reforms. Data came from 129 academic journal articles published between 1990 and 2009. 62 articles reported research on macro (country) level, discussing the nature and speed of reform, credit constraints, assistance programs and the role of small business for economic development. 67 articles studied micro (firm) level factors, but only 14 of them employed data analytical methods to study what explains entrepreneurial success, suggesting a role for networking, industry experience and entrepreneurial orientation. We suggest more research on understanding the context of entrepreneurship, with a special focus on the informal institutional environment and industry structure. Also, future research can explore topics such as strategic agendas, opportunity identification and entrepreneurial cognition, which have been rare to date. We particularly emphasize the need for rigorous and replicable large-scale empirical studies.

Keywords: Transitional economies, review, macro (country) level, micro (firm) level

Suggested Citation

Manev, Ivan M. and Manolova, Tatiana S., Entrepreneurship in Transitional Economies: Review and Integration of Two Decades of Research (March 1, 2010). Journal of Developmental Entrepreneurship (JDE), Forthcoming, Available at SSRN: https://ssrn.com/abstract=1622138

Ivan M. Manev (Contact Author)

University of Maine - Business School ( email )

Orono, ME 04469-5774
United States

Tatiana S. Manolova

Bentley University ( email )

175 Forest Street
Waltham, MA 02145
United States

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