Entrepreneurship in developing countries. A case stady of Equatorial Essay

Entrepreneurship in ontogeny countries. A case stady of Equatorial Guinea. Can entrepreneurship provide the economic diversification needed to survive impertinent the oil industry - Essay ExampleThis choose seeks to explore the reasons why there is a deficit of entrepreneurs in Equatorial Guinea and the stickyies encountered by those already established in the country. The study examines the difficulty in registering firms, intricacy of obtaining credit and lack of government incentives. Similarly, the study examines the role of entrepreneurial education and women involvement in self-employment.The explore is based in the various urban provincial centres in Equatorial Guinea utilising a primary research strategy was employed a thematic qualitative method to answer the research questions. Addition every(prenominal)y, a secondary research was conducted centred on available relevant literature.The study revealed that there many difficult obstacles and hindrances to entrepreneurs i n the country ranging from a dearth of qualified personnel, low work ethic, poor government policies and corruption. Nonetheless, the study has indicated a positive correlation between enhanced training and entrepreneurship with those empowered by business skills free to embark on self-employment.This study will build upon existing research on the economic seismic disturbance of developing an entrepreneurial culture and spirit in developing countries but will particularly charge upon the need for diversification among the vision rich nations who nevertheless still suffer from the Dutch Disease and the pick Curse syndromes. The study is based in Equatorial Guinea, a central African country that has all the above ingredients despite being endowed with enviable natural resources including ample hydrocarbon deposits but still ranks as one of the poorest countries. The study aims at determining whether diversification from overreliance on a single natural resource predominantly thro ugh embarking on self-employment is feasible within Equatorial Guinea and