Entrepreneurship in developing countries; usually a symptom of unemployment.

[viljy]

There is also an important feature that needs to be taken into account when discussing small business. If an "entrepreneur" works by himself (he is a taxi driver or he sells food on the street, etc.), then he is not an entrepreneur - he is self-employed. That is, he is an ordinary employee, whose employer is himself. So, if we discard such "entrepreneurs" in developing countries from the statistics, then there will be practically nothing left of businesses. This once again confirms that affordable and sufficient investments are needed for business development.

[Akbarkoe]

Yes it is possible for some unemployed people to duplicate business to get the same market but basically that is a competition as long as it is in the same form of business but has its own uniqueness it is not a problem, just like network providers, there are many network providers even in developed countries but they have different ways and treatments and also have different advantages from other network providers, this supports so that it is not monopolized by one company alone, isn't that not a bad thing?

In this world imitating and being imitated is something that is not strange, it has existed since time immemorial, whether from any invention, any business and any technology, it always refers to something better, except that there is no innovation and creativity in it, it just shows its stupidity.

But it's actually better than stealing!

[AprilioMP]

I developed countries, entrepreneurship surfaces as a result of ideas, desires a willingness to deliver a product or service to satisfy needs and wants, an improved market share, and as a result, profit maximization.
In developing countries, the reverse is case, entrepreneurship is usually ventured into as a result of unemployment.
You then tend to see too many businesses begin to compete for the same demand, there's little or no innovation in these kind of case, a lot of duplication of the same businesses in this case.

Hence we tend to see real entrepreneurship in developed countries.

I don’t view entrepreneurship that way, but I see it as a way for people to bring ideas and concepts to life that can generate income and create opportunities for others who are unemployed, so that everyone can make a living. At its core, it’s all about necessity, not about wants.

In developing countries, it is through this kind of entrepreneurship that people and the economy survive.
Well-known brands that have been operating for a long time also started out this way, even though they come from developed countries—we don’t need to specify which ones.

[Zlantann]

I developed countries, entrepreneurship surfaces as a result of ideas, desires a willingness to deliver a product or service to satisfy needs and wants, an improved market share, and as a result, profit maximization.

In developing countries, the reverse is case, entrepreneurship is usually ventured into as a result of unemployment.

You then tend to see too many businesses begin to compete for the same demand, there's little or no innovation in these kind of case, a lot of duplication of the same businesses in this case.

Hence we tend to see real entrepreneurship in developed countries.

The focus of most of these small business owners is to survive. Since the government doesn't give them any form of welfare support, these hardworking people have to seek options to survive.

You are right that some of them venture into this business without plans, since they are just focusing on survival and not the growth of the business. But you wouldn't generalise that they are not innovative. Since there are many competitors, you would have to be creative to sell your product.

A few of these small businesses in developing nations also grow to become big ventures. So the conclusion that you can only see real entrepreneurship in developed countries is wrong. It would be tolerable to say we have more successful entrepreneurs in developed nations.

[DrBeer]

I developed countries, entrepreneurship surfaces as a result of ideas, desires a willingness to deliver a product or service to satisfy needs and wants, an improved market share, and as a result, profit maximization.

In developing countries, the reverse is case, entrepreneurship is usually ventured into as a result of unemployment.

You then tend to see too many businesses begin to compete for the same demand, there's little or no innovation in these kind of case, a lot of duplication of the same businesses in this case.

Hence we tend to see real entrepreneurship in developed countries.

Entrepreneurship is a perfectly normal form of employment. First, let me address why you might think it’s characteristic of developing countries and that it isn’t “full-fledged entrepreneurship.”
 
When we look at the thriving business sector in the West, we see a “pretty picture.” But the path to that pretty picture also involved difficulties, a devastated economy, poverty, and other such problems.
If we return to developing countries-yes, this is MORE COMMON there than in countries with a high standard of living. The reason? It’s simple: in countries with a high standard of living, there are more jobs, good social guarantees and support, and there… you simply don’t have to worry about survival.
 Yes, in developing countries this is more of a necessity, due to the lack of jobs, state support, and social guarantees. But we must understand that every small business creates jobs, provides convenience for people, and ultimately raises the standard of living for workers. Perhaps some of them will eventually open their own retail chains!

[Spaceman1000$]

Hence we tend to see real entrepreneurship in developed countries.

Majority of what is referred to as entrepreneurship is just a one man’s business, that is somebody doing business for the purpose of trying to survive with the money he makes from it,  not a business that has been set up to create innovative solution to a problem that has been identified.

So it is mostly business in developing countries and not entrepreneurship.

I really don't get your point, an entrepreneur as defined by Richard Cantillon, he made us understand that an entrepreneur is an individual who is a risk taker that allocates resource to an opportunity for profit making, so whether a business is owned by an individual or a group of person, it doesn't change the fact that, that's entrepreneurship because the sole purpose of being an entrepreneur is to allocate resource to opportunities to gain profits. And from most of the businesses that are out there, they solve one problem or another, else they won't be making profit, which I doubt they are not.

[Marvelockg]

In developing countries, the reverse is case, entrepreneurship is usually ventured into as a result of unemployment.

Unfortunately, in most developing part of the world, people are just trying to survive using any means that's available. For you to even survive, you have to be creative to a large extent because if you're depending on jobs that are not even available to start with, that's the beginning of your frustration.

In a developed world, they have systems that are working and so, you don't need to create a job of your win when there are already systems on ground That takes in youths and young graduates. Right from the undergraduate level, youth are constantly informed that there's scarcity of jobs and that they should pick up a skill that will help them become self employed. A failed government that can't boost of a good job will at the end of the day push her citizens to become job creators and nothing more.

[Satofan44]

All entrepreneurs are business people but not all business people are entrepreneurs.

I would give you merit for being one of the only accurate voices in this thread, but I hesitate because almost everyone is a signature spammer -- so blame it on your colleagues for a lack of receiving merit.

Nevertheless, you are quite on point with this statement. We live in terrible times where the average mind is deeply corrupted through extreme selfishness and narcissism. This affects every single person who has social media or participates in it, and one might jump to conclusion that you are not affected but that is impossible. The only difference is the degree to which you are affected. Even if you open it once per day for 5 minutes it is rewiring you brain towards idiocy. This is the primary reason why people call themselves all sorts of things which they are not, such as crypto traders after a few traders, enthusiasts after following Coindesk but not even knowing the basics of how an address works, and so forth. Similarly in this area, people like to call themselves entrepreneurs in order to stroke their own ego -- when they are the most incompetent, laziest and dumbest business owners in the planet. 90-99% of business owners are completely dumb and average NPCs. Doing the same thing over and over again does not make one an entrepreneur.

In developing countries, the reverse is case, entrepreneurship is usually ventured into as a result of unemployment.

Unfortunately, in most developing part of the world, people are just trying to survive using any means that's available.

There you have the source of the issue. This "any means available" mindset is what keeps large parts of people in these parts of the world on the level of uncivilized savages, and until they get rid of this mentality they are never going to become civilized. Importing them into Europe or the US and giving them citizenship will not change anything at all, it is a meaningless metric. At any point in time you can make a difference between a real German and a savage "German" that does not belong there. This mentality leads to all sort of cheating and errors, and with a smaller part of the group to even criminal behavior. Savages prefer to rob and kill and justify it with survival, civilized people would prefer to die than commit unnecessary and violent evil.  

For you to even survive, you have to be creative to a large extent because if you're depending on jobs that are not even available to start with, that's the beginning of your frustration.

False. 99% of the businesses that are being run do not require any creativity. A small store or a small food stand that serves generic local cuisine does not require creativity.

[gracreavix]

I think it will be wrong to generalize it like that, not every business in a developing country is as a result of unemployment.
No, it’s not like that man. there are actually a lot of people who genuinely want to be entrepreneurs or business owners. I’m literally one of them. Ever since high school, even before university days, I already had that mindset of wanting to build something of my own, not really work for someone. and that came from my early exposure to entrepreneurs around me.

Yeah, I agree, a lot of people go into business because they don’t have other options. no jobs, so they create something for themselves. That one is true. But it should not be used to label everyone or every business out there. Some people are doing it out of passion and not just survival.

[DiMarxist]

You made a very important point and observation when comparing entrepreneurship behaviors in developing and the developed societies. There is a Gulf that exists and is typically to me a reflection of the economic situations of the environmental factors that exists in these two worlds that are far apart. But I will disagree with you on the concluding part of your thread when said that real entrepreneur exists only in the developed world, this is wrong and is not true and the records should be put straight developing countries has a lot of potentials in every areas which includes in the areas of business entrepreneurship.

[Strongkored]

In developing countries, the reverse is case, entrepreneurship is usually ventured into as a result of unemployment.

You then tend to see too many businesses begin to compete for the same demand, there's little or no innovation in these kind of case, a lot of duplication of the same businesses in this case.

I think you're right.
I've seen firsthand how people who lose their jobs choose to start a business.
Some survive, but others don't. Most simply copy existing businesses. For example, when instant coffee is booming, different brands will emerge. And when I hear stories of people starting because they lost their jobs, these businesses will only last a short time.

[Dr.Bitcoin_Strange]

Hence we tend to see real entrepreneurship in developed countries.

That's not true, there's no country that you won't find real entrepreneurs. I already understand the contest of this topic but the people you are referring to as entrepreneurs are not supposed to be referred to as entrepreneurs, they are just common business men and women (or traders) who are buying and selling goods and services, these people are doing this primarily for the purpose of making profits (as a means of survival). In some countries where there's high rate of unemployment or the minimum wage is small, you will find a lot of men and women going into one trade or another. Also, most illiterates (that don't have any collage degree) and those that doesn't have a skill will also want to go into a trade that will be a means of earning for them.

[Alari80]

I think entrepreneurship may be a personal ambition, the frustration of unemployment and outrageous working experience to get a decent job is uncalled for. People have needs and wants, if entrepreneurship can solve it, it’s okay to venture into it.
Besides, creativity and innovation is the other of the day. Entrepreneurship  has reduced unemployment in recent times, people own businesses here and there. Because nobody is coming to save you and the economy is not functioning the way it should.

[Agbamoni]

I developed countries, entrepreneurship surfaces as a result of ideas, desires a willingness to deliver a product or service to satisfy needs and wants, an improved market share, and as a result, profit maximization.

In developing countries, the reverse is case, entrepreneurship is usually ventured into as a result of unemployment.

You are right. This leads to poor services because they are after profits only, not giving the best in what they do. Entrepreneur in developing countries has no choice but to like what they do, deep down, that is not the plan they have for themselves in life. While in developed countries, an entrepreneur actually quits the former job that pays him well to settle on a business he's longed for in his heart and soul.

[Dareo]

But I would say that entrepreneurship does not only mean startups in large scale or developed countries and as far as I have seen many people in countries like ours start from very small and build something good with limited resources. Their risk taking mentality and the desire to survive are no less, So the idea that entrepreneurs exist only in developed countries is not right. The difference is more in the opportunities and support system, not in the will of the people.

[Findingnemo]

Calling themselves an entrepreneur seems to be the trend of this era, they might not even know how to spell it correctly yet they claim themselves as one, buy products from China and reselling in Amazon isn't one. They need to find a solution to something that can be converted into mass scale is what the successful one will do.

Maybe you are right, in developing countries where there is no job at all forced to do whatever they can do.

[DYOR+BTC]

Calling themselves an entrepreneur seems to be the trend of this era, they might not even know how to spell it correctly yet they claim themselves as one, buy products from China and reselling in Amazon isn't one. They need to find a solution to something that can be converted into mass scale is what the successful one will do.

Maybe you are right, in developing countries where there is no job at all forced to do whatever they can do.

Before drawing conclusion on their actions i think it will be nice if we  vividly look into the real meaning of an entrepreneur. The dictionary meaning of an entrepreneur is an individual who identifies profit generating schemes and get involved into it through any favourable medium all for know other reasons but profit generation.  Excluding them from being an entrepreneur because they import commodities from China and resell through amazon is never acceptable because all there activities goes in accordance with the job of an entrepreneur so they are entrepreneurs.

[Churchillvv]

Do not also forget that in developed countries entrepreneurship is not just born out of creative ideas or innovations but also the mere fact that people want to be their own boss and not work under any one that is one of the most driven factors of entrepreneurship in most developed countries but the developing countries are not because they don’t want to work under someone but also the fact that their is no one to work under.

[stadus]

I wanted to disagree, but taking a more careful look at what's happening around me, perhaps that's indeed the case. It seems to me much of the kind of entrepreneurship in a developed country like mine is forced upon them by dire circumstances. The decision is not reached based on sheer interest or desire but by the fact that they need to survive.

It's also probably the reason why there seems to be a lack of sophistication, innovation, creativity, heart, and the like in entrepreneurship here. It seems what they're entirely after is the income. Art, personal touch, and whatnot have no place. Those are probably deemed dispensable and even unnecessary addition to cost, effort, and so on. 

This makes me feel sad.

I'm also living in a developing country and I have to be honest, its certainly the case at the present. People turn into being entrepreneur not by choice or passion, but it comes from a dire need for survival. People do business not actually to showcase their talents and make it known to the people, but because its the last choice they have, unemployment is high, if you don't do business, then you're doomed and die hungry.

Lucky are those who get a secure, long-term job and become financially stable, they will not experience the struggles of a businessman or entrepreneur.

[Findingnemo]

Calling themselves an entrepreneur seems to be the trend of this era, they might not even know how to spell it correctly yet they claim themselves as one, buy products from China and reselling in Amazon isn't one. They need to find a solution to something that can be converted into mass scale is what the successful one will do.

Maybe you are right, in developing countries where there is no job at all forced to do whatever they can do.

Before drawing conclusion on their actions i think it will be nice if we  vividly look into the real meaning of an entrepreneur. The dictionary meaning of an entrepreneur is an individual who identifies profit generating schemes and get involved into it through any favourable medium all for know other reasons but profit generation.  Excluding them from being an entrepreneur because they import commodities from China and resell through amazon is never acceptable because all there activities goes in accordance with the job of an entrepreneur so they are entrepreneurs.

I don't know in which dictionary that says generating profit is the definition of an entrepreneur, but I disagree, it should come up with value addition not just simply buy and selling, because we call it as trading and one who does that as trader not as entreprenuer.

If there is no real value added, no new innovation or creativity then it falls under generic so I don't like them to call one. But being your own boss is kind of the trend that is what I wanted to tell in my post not to demean anyone because they born in other part of the world.