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References: Exploring entrepreneurship in a declining economy

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References: Exploring entrepreneurship in a declining economy

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Exploring entrepreneurship in a declining economy
Journal of Developmental Entrepreneurship, Apr 2000 by Yusuf, Attahir, Schindehutte, Minet
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Article Tags: achieving society, adaya, ames iowa, art and science of entrepreneurship, baah, c kirkpatrick, edward elgar, iowa state university, journal of business, male and female entrepreneurs, nigerian economy, osei, personnel practices, princeton nj, schumpeter, small business management, small enterprise development, transitional economies, unpublished report, van nostrand



Related Forum Posts
Re: Businesswomen in the news Re: Businesswomen in the news - Hey hey hey....Calm down. What you are forgetting and the press isnt taking into consideration the rise of entrepreneurship. Women arent leaving the workforce, they are starting their own workforces... A few years ago I was president of the Canadian Association of Women Executives. I got a call from Global National who wanted a comment on the fact that women were leaving corporate Canada in droves....and what did I think about it......was it the glass ceiling etc.. Well, its because women are flocking to entrepreneurship but ladies, that doesnt make the news. the media is looking for information that will prove their 'the economy is in a slump'.... It simply isnt true. There are more women starting and running their own businesses than we've ever seen. Dont forget that the media is out for the media and scare tactics and bad news gets the coverage.... J
Re: Service Or Product? Re: Service Or Product? - Service company always thrive in down economy. Let look at the advertising industies in any economy, you need to advertise your products or services even if you cannot afford any other things
Re: Corporate / Business Credit Re: Corporate / Business Credit - It's funny you bring this topic up. I have a friend that works for a large Canadian bank and he is a financial analyst and advisor for several businesses. With the recent economic crunch, many of his clients are coming in and seeking lines of credit and loans to suffice their operating costs. He forecasts a lot of his clients will be asking for credit until the economy turns around. Many of the loan managers are declining applications because the business owners applying for these credits are actually stating in their application that they need it because they have been unable to deal with the recent crunch. Unfortunately, they at the bank do not look at this favorably. If they lend money, they want to know it will come back. If you report net losses for the last 6 months and expect them to lend money to you, it's going to be terribly difficult. I think that is why you are seeing a lot of businesses apply for credit, but not actually receive any assistance from the banks. The banks are also in crunch time and need to be mitigating their own risk as best they can.
Re: Plan Your Retirement NOW Re: Plan Your Retirement NOW - Hi, Beat I must say the state of the economy has me worried these days. Not so much the state of it...but the knowledge that the politicians and people who are supposed to be in charge of the economy are so incompetent it's not even funny...
Re: Service Or Product? Re: Service Or Product? - All things being equal Evan, I completely agree with you. A service would be much more manageable and predictable in a down turned economy. However, it is also important to recognize that the cost of goods also plummits during these bad times, and to amass stock or inventory for future sales could be part of capitalizing on this bad economy. Good luck with CBC!


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