The Entrepreneurial Ecosystem in Lebanon. Challenges and Opportunities
The Entrepreneurial Ecosystem in Lebanon. Challenges and Opportunities

Author(s): Bettina Bastian, Yasser Akkaoui
Subject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: ASERS Publishing
Keywords: entrepreneurial ecosystem in Lebanon; entrepreneurship; start-ups; incubator organizations,; economic development
Summary/Abstract: The following article describes the EES in Lebanon as an example of a country in development. Worldwide, and especially in the developing world, economies face major challenges regarding the alleviation of poverty and unemployment (Naude 2010). Here, the demands for entrepreneurial projects that help stimulate growth and forward the economic development process are very high (Ho and Wong, 2007). Still much of the literature in entrepreneurship addresses the context of advanced economies. However, the majority of people live in a developmental context and nearly half of them are below the poverty line (ILO 2012). Thus, it is important to pay closer attention to entrepreneurship in developmental contexts which typically face great institutional weaknesses and constraints.

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