Editorial Note: Entrepreneurship, Management and Performance in Transition and Emerging Economies

Abstract

This special issue of the International Journal of Latest Trends in Finance and Economic Sciences is dedicated to entrepreneurship, management and performance in transition and emerging countries. Although emerging and transition economies are low or middle-income economies, they exhibit growth orientation and therefore have increasing importance for the world economy. The creation of new businesses and management and performance of established companies are driving forces behind this fast economic development. It was acknowledged that findings in the field of entrepreneurship and management from developed economies may not be directly applicable to other countries and contexts (Bruton et al., 2008; Wright at al., 2005). Both emerging and established businesses operating in emerging and transition economies may face specific challenges related to institutional environment, availability of resources, policy issues, organizational arrangements such as business groups and networks (Hoskisson et al., 2000). The papers included in this special issue of the Journal investigate a wide range of topics related to entrepreneurship, management and performance in transition and emerging economies in an attempt to fill existing knowledge gaps.