Entrepreneurship in Emerging Economies: Entrepreneurial Ecosystems, Resilience and Finance
A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Business and Entrepreneurship".
Deadline for manuscript submissions: 15 October 2025 | Viewed by 251
Special Issue Editors
Interests: entrepreneurship education; entrepreneurial finance; family businesses; international entrepreneurship; international business; social entrepreneurship; entrepreneurial ecosystem; entrepreneurship and digital financial services
Interests: entrepreneurship; entrepreneurial finance; micro-entrepreneurship; family businesses; social entrepreneurship; international entrepreneurship; international business; business growth; financial reporting; accounting and reporting standards
Special Issue Information
Dear Colleagues,
Emerging economies encounter significant barriers, including institutional voids, poverty, inequality, and limited access to essential resources, which can impede entrepreneurial activities. Despite these challenges, some entrepreneurs demonstrate remarkable resilience, navigating the difficulties to entrepreneurship.
We seek research that explores how entrepreneurial ecosystems can be developed and sustained in regions facing substantial societal challenges. This includes examining the roles of local stakeholders, community engagement, and social capital in building resilient ecosystems that can support diverse entrepreneurial activities (Cao & Shi, 2020). Research should also delve into strategies for bridging these gaps through policy interventions, institutional reforms, and the establishment of supportive infrastructure and networks (D’Andrea et al., 2023). Also, we seek research that explores strategies for building resilience among entrepreneurs, such as community-based support systems and adaptive business practices. We encourage the use of real-world examples and case studies in conceptualising how entrepreneurs in various emerging economies can overcome societal challenges to build resilient and thriving businesses.
Furthermore, the role of tailored entrepreneurship education is critical in developing resilience and other essential skills needed for entrepreneurship. Entrepreneurship education can empower marginalized groups, such as women and youth, to engage in entrepreneurial activities and overcome the barriers they face (Udeozor et al., 2019). We are interested in research that examines the impact of such educational programs and explores innovative approaches to entrepreneurship education that can support inclusive economic growth.
Given that access to finance remains a critical barrier for many potential entrepreneurs in emerging economies, especially for marginalized groups including women entrepreneurs (Jaim, 2022), we invite research on alternative and innovative financial mechanisms. This includes microfinance, impact investing, and community-based funding models that can support underserved populations (Simba et. al., 2023). We seek to understand how these mechanisms can be effectively implemented to facilitate entrepreneurial activities in challenging contexts.
Therefore, this special issue aims to advance the discourse on entrepreneurship in emerging economies, focusing on how entrepreneurial ecosystems, resilience, education, and finance can be adapted to address the specific challenges faced by these regions. Our goal is to uncover and highlight strategies that foster inclusive and sustainable entrepreneurial growth, thereby contributing to broader socio-economic development. We invite research articles that address the following themes:
- Entrepreneurial Ecosystems: Development, sustainability, and the role of local stakeholders.
- Entrepreneurial Resilience: Strategies for overcoming societal challenges and building robust enterprises.
- Entrepreneurship Education: Tailored educational programs that empower marginalized groups.
- Entrepreneurial Finance: Innovative financial mechanisms for supporting underserved populations.
We look forward to receiving your contributions and exploring innovative solutions to the challenges of entrepreneurship in emerging economies.
Cao, Z., & Shi, X. (2020). A systematic literature review of entrepreneurial ecosystems in advanced and emerging economies. Small Business Economics, 1-36. https://doi.org/10.1007/s11187-020-00326-y.
D’Andrea, F., Santos, D., Costa, C., & Zen, A. (2023). Why startups fail in emerging entrepreneurial ecosystems?. REGEPE Entrepreneurship and Small Business Journal. https://doi.org/10.14211/regepe.esbj.e2055.
Jaim, J. (2022). All About Patriarchal Segregation of Work Regarding Family? Women Business-Owners in Bangladesh. Journal of Business Ethics, 175(2), 231–245, https://doi.org/10.1007/s10551-020-04619-w
Simba, A., Ogundana, O. M., Braune, E., & Dana, L. P. (2023). Community financing in entrepreneurship: A focus on women entrepreneurs in the developing world. Journal of Business Research, 163, 113962.
Udeozor, V., Mosey, S., Greenman, A., & Amess, K. (2019, July). Putting Pedagogy Where Intention to Innovate Lies: Evaluating Compulsory Entrepreneurship Education. In Academy of Management Proceedings (Vol. 2019, No. 1, p. 10727). Briarcliff Manor, NY 10510: Academy of Management
Dr. Victor Udeozor
Dr. Oyedele Ogundana
Guest Editors
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Keywords
- entrepreneurial ecosystems
- entrepreneurial resilience
- entrepreneurship education
- entrepreneurial finance
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