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.

DOI: 10.1504/IJBG.2010.035019

International Journal of Business and Globalisation, 2010 Vol.5 No.3, pp.238 - 247

Published online: 01 Sep 2010 *

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