Abstract
Small businesses and start-up enterprises (SUEs) have become integrated functionaries in the emerging global business model. Small business is a self-sustaining organization with limited capital and human resources, aiming to generate continuous revenue by major investments. Small business is built on a localized business model, which emphasizes limited sales in local or regional markets while operating through a small number of employees. SUEs are also founded on the principles of low capital and human resources, just like small businesses. However, SUEs emerge as disruptive organizations, with innovation and technology intended to develop an impactful business model. SUEs are oriented toward innovation and technology-led disruption, which may complement various levels of business organizations ranging from small to large business units.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
Bellantuono, N., Pontrandolfo, P., & Scozzi, B. (2013). Different practices for open innovation: A context based approach. Journal of Knowledge Management, 17(4), 558–568.
Chaves, F. Q. (2018). The springboard network: Multinationals in Latin America. International Journal of Emerging Markets, 13(5), 855–874.
Kirzner, L. M. (1997). How market work: Disequilibrium, entrepreneurship and discovery. London: The Institute of Economic Affairs.
Loasby, B. J. (1982). The entrepreneurship in economic theory. Scottish Journal of Political Economy, 29(3), 235–245.
Marshall, A. (1948). Principles of economics: An introductory volume (8th ed.). London: Macmillan.
Marz, A. (1991). Joseph Schumpeter scholar, teacher, and politician. New Haven/London: Yale University Press.
Roundy, P. T. (2017). “Doing good” while serving customers: Charting the social entrepreneurship and marketing interface. Journal of Research in Marketing and Entrepreneurship, 19(2), 105–124.
Schumpeter, J. A. (1991). Assays on entrepreneurs, innovations, business cycles and the evaluation of capitalism. New Brunswick/London: Transactions Publications.
Silva, G. M., Styles, C., & Lages, L. F. (2017). Breakthrough innovation in international business: The impact of tech-innovation and market – Innovation on performance. International Business Review, 26(2), 391–404.
Weber, P., Geneste, L. A., & Connell, J. (2015). Small business growth: Strategic goals and owner preparedness. Journal of Business Strategy, 36(3), 30–36.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2020 The Author(s)
About this chapter
Cite this chapter
Rajagopal, A. (2020). Epilogue. In: Managing Startup Enterprises in Emerging Markets. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-28155-7_7
Download citation
DOI: https://doi.org/10.1007/978-3-030-28155-7_7
Published:
Publisher Name: Palgrave Pivot, Cham
Print ISBN: 978-3-030-28154-0
Online ISBN: 978-3-030-28155-7
eBook Packages: Business and ManagementBusiness and Management (R0)