Transformational Entrepreneurship

This book discusses how transformational entrepreneurship uses novel business practices to reduce inequality in the marketplace and how it transforms society through creative solutions that enable change. The book provides useful insight into better understanding this emerging concept

Dynamics of Entrepreneurship in Egypt: Assessing the Entrepreneurial Ecosystem. Can Entrepreneurship Contribute to the Economic Development in Egypt?

The January 25th revolution in Egypt has inspired a spirit of motivation for youth to take matters into their hands and create their destiny. In less than 6 years the Egyptian Entrepreneurial Ecosystem (EE) managed to draw regional and global attention in terms of business support, funding, Foreign Direct Investment (FDI) and research. Tech-savvy and multi-lingual youth are the Egyptian EE\u2019s largest strength, and more constituents are joining the EE every hour. Despite the fact that more support services and stakeholders are emerging to promote entrepreneurship in Egypt, scattered efforts, uncoordinated initiatives, fragile legal framework and low-quality education do not seem to move the nascent ecosystem into a growth stage. Using a rigorous analysis, we conclude that the Egyptian EE is still at birth stage and most of its constituents are mostly fledgling organizations. The legal framework is inefficient. The market lacks genuine ideas and mentors. Venture capitalists still lack expertise, scientific research is not authoritative. Innovation infrastructure is underdeveloped, most of the patents are registered offshore, IP protection is practically inexistent. More worryingly the country is unable to retain its most qualified talents who immigrate to more robust innovation environments. To date, entrepreneurship in Egypt is unable to create sustainable employment or impact national economic growth. However, there is a significant opportunity for improvement. In this chapter we assess the Egyptian EE, then present a set of recommendations for policy makers and investors

An Overview of the Economics of Entrepreneurship and Small Business: The Legacy of David Audretsch

Few scholars can be considered beacons who guide interested (and often disoriented) researchers. David Audretsch is one such scholar, who has shed light on entrepreneurship in a broad sense as well as on the economics of entrepreneurship and small business as a distinct field. Given his noteworthy and abundant contributions, a synthesis is required in order to understand the evolution of entrepreneurial thought from an economics perspective. Based on searches using Google Scholar and Web of Science (WoS), we therefore aim to quantitatively and analytically examine Audretsch’s contributions to the economics of entrepreneurship and small business. We employ bibliometric indicators to identify his seminal and most cited articles. We also use keywords analysis and co-occurrence to identify his key concepts over the years. Complementing this general view, we analyze the content of numerous publications that highlight the ways in which the economics of entrepreneurship and small firms has evolved. Suggestions for future research are also provided, which may prove useful for economists and specialists in related areas in order that the field may continue to advance