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Entrepreneurship in Emerging Economies: A Microenterprise Case

  • Martha Ríos-Manríquez
  • María Dolores Sánchez-FernándezEmail author
  • Elisa Isabel Cano Montero
Chapter
Part of the Studies on Entrepreneurship, Structural Change and Industrial Dynamics book series (ESID)

Abstract

Disadvantages of emerging economies include high poverty, a lack of industrialisation, a shortage in digital training, as well as an economic and financial dependency on foreign sources. Such deficiencies influence the future of genuine entrepreneurs. Despite these limitations, and in comparison to the developed countries, these economies are the world’s economy-engine. Thus, this research focuses on the analysis of the entrepreneur’s spirit and the qualitative indicators that influence their current situation, which include a: (a) stable microenterprise, (b) growing microenterprise and (c) critical or decayed microenterprise. This research involved a non-experimental with a descriptive, correlative and regressive study. Surveys were conducted from September 2016 to January 2017, interviewing owners and/or partners of 80 different microenterprises in Celaya, Guanajuato. The aim of the results was to seek and contribute knowledge to the microentrepreneur and government, so that they may understand the qualitative aspects that influence all current situations of a microentrepreneur. Additionally, the results serve as a source for further support of this vulnerable yet essential sector within the Mexican business environment. In general, this paper shows that even with the country’s insecure and uncertain conditions, more than half of the interviewed microenterprises find their business in a stable situation and one third of the surveyed are in growth.

Keywords

Microentrepreneur Microenterprises Young entrepreneur Adult entrepreneur Enterprising adult and elderly entrepreneur Emerging economies Mexico 

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • Martha Ríos-Manríquez
    • 1
  • María Dolores Sánchez-Fernández
    • 2
    Email author
  • Elisa Isabel Cano Montero
    • 3
  1. 1.Department of Finance and AdministrationCelaya-Salvatierra Campus, University of GuanajuatoCelayaMexico
  2. 2.Department of BusinessUniversity of CoruñaA CoruñaSpain
  3. 3.Department of Business Administration, Faculty of Social SciencesUniversity of Castilla-La ManchaTalavera de la ReinaSpain

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