Introducing Opportunity-based Entrepreneurship in a Transition Economy

Zoran Perunovic

    Research output: Contribution to journalJournal articleCommunication


    This paper confronts necessity-based and opportunity-based entrepreneurial concepts in the transition of developing economies. The author constructs a research model and conducts field research (using Serbia as a case study) to explore how different personal and regional characteristics can favour either a necessity- or opportunity-based ntrepreneurial environment. The concluding remarks emphasize the need for careful introduction of opportunity-based entrepreneurship together with recommendations for how that may be accomplished across different regions. Results suggest that there are four possible entrepreneurial settings for a selected town or region, and four strategies for introducing the opportunity-based entrepreneurship are given. In the most general sense, this paper strives to encourage discussion about national systems of innovation as a complementary and/or dominant catch-up strategy for transition and developing economies.
    Original languageEnglish
    JournalPolicy Briefs
    Pages (from-to)11
    Publication statusPublished - 2005


    Dive into the research topics of 'Introducing Opportunity-based Entrepreneurship in a Transition Economy'. Together they form a unique fingerprint.

    Cite this