Featuring: Entrepreneurship in Developing Countries
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Feature of the Month : Entrepreneurship in Developing Countries

In recent years, business leaders and governments have recognized the importance of stimulating economic growth through the promotion of entrepreneurship. Alongside economic growth, entrepreneurship fosters the innovation of new business ideas and allows the creation of much needed jobs for the world’s economy. In a globalized and interconnected world, one might assume that entrepreneurship is a common business approach and is similar across the world regardless of what country you are in. However, that is certainly not the case as entrepreneurship in developing countries is very distinct from entrepreneurial practices in more developed countries. Having a better understanding of entrepreneurship in developing countries is important for economic growth and development, making the world a better place for international business.

Featured Resources

Global Entrepreneurship Monitor: National Reports
Global Entrepreneurship Monitor (GEM) is a not-for-profit research program that focuses on providing data on entrepreneurial activity for over 70 countries. The site includes research and publications on a number of different topics, and through its National Reports, GEM gives country-specific entrepreneurial information on an annual basis.
Category: Multi-Country

United Nations Industrial Development Organization (UNIDO)
The United Nations Industrial Development Organization (UNIDO) helps developing countries and countries with economies in transition in their fight against marginalization in today's globalized world. It mobilizes knowledge, skills, information and technology to promote productive employment, a competitive economy and a sound environment. Statistics, publications, weekly news, a calendar of events, and more are provided by UNIDO.
Category: Organizations

Featured Academy

International Entrepreneurship
The module on international entrepreneurship is helpful for understanding the forces that make it possible for entrepreneurs to rapidly internationalize. This module will discuss the drivers of international new venture creation, the technology associated with new venture creation, as well as the barriers and incentives.
Category: Entrepreneurship

Identifying and Measuring Drivers of Global Entrepreneurship
This module on identifying and measuring drivers of global entrepreneurship is helpful in understanding some of the emerging trends in practices and business models of new international ventures.
Category: Entrepreneurship

globalEDGE Business Review

"Sustainability, the Triple Bottom Line, and the Global Reporting Initiative"
by Paulette L. Stenzel (Volume 4, Number 6, pp. 1-2, 2010)

This article explores sustainability and the Triple Bottom Line, which is a tool used to examine the effects of business activities on the economy, social equity, and environment. It also discusses the Global Reporting Initiative (GRI), an international program that provides metrics to measure practices that align with the Triple Bottom Line. A commitment to sustainability by businesses around the world is essential for our shared future.

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Fact of the Month

Entrepreneurial activity among women is highest in developing countries. On average, about 45 percent of entrepreneurs in developing countries are women.

Source: Global Entrepreneurship Monitor

From the globalEDGE Blog

Entrepreneurship can be found in countries all around the world and holds great potential for the global economy. However, each country has unique factors that affect entrepreneurial practices. Understanding these factors is important for promoting entrepreneurship across the globe. To learn more about the distinctiveness of entrepreneurship in developing countries, click on to the globalEDGE blog!

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