Title: Entrepreneurship in Pakistan: government policy on SMEs, environment for entrepreneurship, internationalisation of entrepreneurs and SMEs
Authors: Matthieu Chemin
Addresses: Department of Economics, University of Quebec at Montreal (UQAM), Case postale 8888, Succursale Centre-ville, Montreal (Quebec), H2X 3X2, Canada
Abstract: Despite its potential benefits to growth, entrepreneurial activity remains limited in Pakistan. Governmental policy has been placed historically on large-scale manufacturing as opposed to SMEs. This has created a challenging economic and sociocultural environment for entrepreneurship and the state of small business in Pakistan on several dimensions. In particular, contract enforcement is very weak in Pakistan. Thus, analyses this paper a judicial reform implemented in Pakistan in 2002, that substantially increased entrepreneurship.
Keywords: entrepreneurship; Pakistan; government policies; small and medium-sized enterprises; SMEs; internationalisation; entrepreneurs; entrepreneurial activity; large-scale manufacturing; sociocultural factors; contract enforcement; judicial reforms; law courts; legal systems; investment; economic growth; business; globalisation.
International Journal of Business and Globalisation, 2010 Vol.5 No.3, pp.238 - 247
Published online: 01 Sep 2010 *Full-text access for editors Access for subscribers Purchase this article Comment on this article