ENTREPRENEURSHIP DEVELOPMENT UNDER CONDITIONS OF REGIONAL CONFLICT:
THE CASE OF Cambodia
Environment plays a crucial role in the shaping and developing of entrepreneurship in developed and developing countries. The question this paper seeks to answer is what aspect of the environment can be seen as favouring most business development. No one denies the importance of competition for business creation however, understanding the market context in which competition develops would bring clarity regarding the reasons behind why some market contexts more than others stimulate greater and faster entrepreneurial development.
This paper will look at how regional war conflicts in the case of Cambodia have acted as market catalysts that boosted entrepreneurial development in this country. The difficult/extreme conditions which have bared the usual growth of entrepreneurial activities, in Cambodia, have, in fact, contributed to render clearer the identification of market signals favouring, on the one hand, the assumption of risks, and on the other, the maximization of business opportunities by local Cambodian entrepreneurs.
This paper will conclude putting into perspective, how entrepreneurship in Cambodia has developed during and after the war times and how social and political turbulence as opposed to stability, has influence the development of entrepreneurial activities in Cambodia
Dr. Mario B. Curatolo
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