Entrepreneurship and Development Smart Innovation Set coordinated by Dimitri Uzunidis Volume 30 Entrepreneurship and Development Realities and Future Prospects Sonia Ben Slimane Hatem M’henni First published 2020 in Great Britain and the United States by ISTE Ltd and John Wiley & Sons, Inc. Apart from any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the Copyright, Designs and Patents Act 1988, this publication may only be reproduced, stored or transmitted, in any form or by any means, with the prior permission in writing of the publishers, or in the case of reprographic reproduction in accordance with the terms and licenses issued by the CLA. Enquiries concerning reproduction outside these terms should be sent to the publishers at the undermentioned address: ISTE Ltd John Wiley & Sons, Inc. 27-37 St George’s Road 111 River Street London SW19 4EU Hoboken, NJ 07030 UK USA www.iste.co.uk www.wiley.com © ISTE Ltd 2020 The rights of Sonia Ben Slimane and Hatem M’henni to be identified as the authors of this work have been asserted by them in accordance with the Copyright, Designs and Patents Act 1988. Library of Congress Control Number: 2020943157 British Library Cataloguing-in-Publication Data A CIP record for this book is available from the British Library ISBN 978-1-78630-394-3 Contents Foreword . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ix Part 1. Innovative Entrepreneurship and Economic Dynamics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Chapter 1. Entrepreneurship and Competitiveness in Literature . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1.1. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 1.2. Entrepreneurship, innovation and development: key points of reference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 1.2.1. Economic development and entrepreneurship . . . . . . . . . . . . . 9 1.2.2. New theory of economic growth, innovation and entrepreneurship . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 1.2.3. Complementary insights from industrial economy lenses . . . . . . 15 1.2.4. Theories of the firm, innovation systems and entrepreneurship . . . 18 Chapter 2. Towards an Integrative Literature of Entrepreneurship . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 2.1. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 2.2. The complex relationship between entrepreneurship and development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 2.3. Types of entrepreneurship and development . . . . . . . . . . . . . . . . 34 2.4. Towards a new vision of the entrepreneur in his environment? . . . . . 39 vi Entrepreneurship and Development Chapter 3. The Theoretical Emergence of an Innovative National Entrepreneurship System . . . . . . . . . . . . . . . . . . . . . . . 41 3.1. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 3.2. Innovative entrepreneurship in a national innovation system . . . . . . 42 3.3. The role of the mix-policy in an innovation system . . . . . . . . . . . . 46 3.4. Innovation in an entrepreneurial ecosystem . . . . . . . . . . . . . . . . . 49 3.5. Towards an adapted innovative entrepreneurial system . . . . . . . . . . 54 3.6. Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 Part 2. An Innovative Entrepreneurial System in Emerging Countries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 Chapter 4. Emerging Countries, Development Levels and Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 4.1. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 4.2. Necessity entrepreneurship versus innovative entrepreneurship in emerging countries: a mitigated trend . . . . . . . . . . . . . . . . . . . . . 70 4.2.1. Entrepreneurs’ profiles in emerging countries . . . . . . . . . . . . . 72 4.2.2. Innovation and R&D . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77 4.2.3. Institutional and cultural contexts . . . . . . . . . . . . . . . . . . . . 79 Chapter 5. Assessing Innovative Entrepreneurial Performance of Emerging Countries . . . . . . . . . . . . . . . . . . . . . . 83 5.1. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83 5.2. Relationship between ease of entrepreneurship and the capacity to innovate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 5.3. Relationship between the pro-entrepreneurship national context and the capacity to innovate . . . . . . . . . . . . . . . . . . . . . . . . 90 5.4. The determinants of entrepreneurship for innovation . . . . . . . . . . . 92 5.4.1. Government programs for entrepreneurship (GEP index) . . . . . . 93 5.4.2. R&D transfer (RTD index) . . . . . . . . . . . . . . . . . . . . . . . . 95 5.4.3. Cultural and social norms (CSN index) . . . . . . . . . . . . . . . . . 97 5.5. Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 Chapter 6. Outlooks for an Innovative Entrepreneurial System in Emerging Countries . . . . . . . . . . . . . . . . . . . . . . . . . . 101 6.1. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101 6.2. The determinants of innovative entrepreneurship . . . . . . . . . . . . . 102 Contents vii 6.3. Outlooks for an adapted innovative business model . . . . . . . . . . . . 107 6.4. Education in an innovative entrepreneurial system . . . . . . . . . . . . 111 Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113 Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125 Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143