Economic Freedom of the Arab World Conference Beirut, Crowne Plaza Hotel, October 20   -21, 2011 Economic Freedoms, Entrep...
Contents  <ul><li>Institutions, Markets and Firm Growth in EMs </li></ul><ul><li>Entrepreneurship and Firm Growth in Turke...
This Presentation  Draws From  <ul><li>`The Co-Evolution of the Institutional Environments and Internationalization Experi...
D r. Khanna  ‘s  current research focuses on understanding the drivers of entrepreneurship worldwide.  As part of the Emer...
 
 
 
The Institutional Setting & Entrepreneurship <ul><li>Institutional environment defines and limits entrepreneurial opportun...
The Institutional Setting , Markets, and  Entrepreneurship
Core Capabilities for Business Growth Which is more important in a free society?
Entrepreneurship &  Firm Growth in Turkey
The Recovery to Nationhood Period  (1923 – 1930)
The State-centered Development Period  (1930 – 1950)
The Democratic Development Period  (1950 – 1960)
The Planned Period  (1960 – 1980)
The Liberalization Period  (1980 – 2000s)
International Entrepreneurship &  Firm Growth
Economic Freedoms in Turkey
Turkey, Country Data Table, 2000-2009
Countries Showing The Greatest Improvement on Chain-Linked  EFW Index, 2000-2009
Future Projections
How to Nurture Entrepreneurship? Economic  Freedoms   Political  Freedoms Cultural & Social  Freedoms
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Economic Freedoms, Entrepreneurship & Firm Growth in Emerging Markets (EMs)

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This presentation draws back from my scholarly work on entrepreneurship, business groups, and internationalization of emerging market firms.

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  • Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
  • Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
  • Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
  • Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
  • Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
  • Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
  • They stay abreast of market changes. They are willing to exploit new opportunities. They seldom follow trends (rather, they spot and interpret trends). They are driven by ambition. They think positively. They prefer the excitement and potential rewards of risk taking over security.
  • Economic Freedoms, Entrepreneurship & Firm Growth in Emerging Markets (EMs)

    1. 1. Economic Freedom of the Arab World Conference Beirut, Crowne Plaza Hotel, October 20 -21, 2011 Economic Freedoms, Entrepreneurship & Firm Growth in Emerging Markets (EMs) Bahattin Karademir, Ph.D
    2. 2. Contents <ul><li>Institutions, Markets and Firm Growth in EMs </li></ul><ul><li>Entrepreneurship and Firm Growth in Turkey </li></ul><ul><li>Latest Economic Freedom Data of Turkey </li></ul><ul><li>Future Projections </li></ul>
    3. 3. This Presentation Draws From <ul><li>`The Co-Evolution of the Institutional Environments and Internationalization Experiences o f </li></ul><ul><li>Turkish Internationalizing Firms ’, Handbook of Institutional Approaches to International </li></ul><ul><li>Business , forthcoming, (B.Karademir & A.Yaprak) </li></ul><ul><li>`The Emerging Market Multinationals’ Role in Facilitating Develop ed Country Multinationals’ </li></ul><ul><li>Regional Expansion: A Critical Review of the Literature and Turkish MNC Examples`, Journal </li></ul><ul><li>of World Business , 2011, 46(5): 438-446, (SSCI) (A.Yaprak & B. Karademir ). </li></ul><ul><li>`The Internationalization of Emerging Market Business Groups: An Integrated Literature </li></ul><ul><li>Review`, 2010, International Marketing Review , 2010, 27 (2): 245-261 , (SSCI) (A. Yapra k & </li></ul><ul><li>B.Karademir ). </li></ul><ul><li>`How Do Business Groups Function and Evolve in Emerging Markets? The Case of Turkish </li></ul><ul><li>Business Groups`, Advances in International Marketing, 2007, 17 : 275-294 (A.Yaprak , </li></ul><ul><li>B.Karademir & R.N. Osborn ). </li></ul>
    4. 4. D r. Khanna ‘s current research focuses on understanding the drivers of entrepreneurship worldwide. As part of the Emerging Giants project, he seeks to understand how to build world-class companies from emerging markets worldwide. In 2008 he published a book on entrepreneurship , “ Billions of Entrepreneurs: How China and India are Reshaping their Futures and Yours ”, in which he compares entrepreneurship in China and India (see, http:// hbswk . hbs .edu/ item /5766.html ) Prof. Tarun Khanna Harvard Business School What makes him so hopeful about the future of India?
    5. 8. The Institutional Setting & Entrepreneurship <ul><li>Institutional environment defines and limits entrepreneurial opportunities: </li></ul><ul><ul><li>Regulations and policies allocating resources </li></ul></ul><ul><ul><li>Inadequate institutional environment can complicate new venture development </li></ul></ul><ul><ul><li>More developed institutional environment with only restrictive regulation hamper s firm founding </li></ul></ul>
    6. 9. The Institutional Setting , Markets, and Entrepreneurship
    7. 10. Core Capabilities for Business Growth Which is more important in a free society?
    8. 11. Entrepreneurship & Firm Growth in Turkey
    9. 12. The Recovery to Nationhood Period (1923 – 1930)
    10. 13. The State-centered Development Period (1930 – 1950)
    11. 14. The Democratic Development Period (1950 – 1960)
    12. 15. The Planned Period (1960 – 1980)
    13. 16. The Liberalization Period (1980 – 2000s)
    14. 17. International Entrepreneurship & Firm Growth
    15. 18. Economic Freedoms in Turkey
    16. 19. Turkey, Country Data Table, 2000-2009
    17. 20. Countries Showing The Greatest Improvement on Chain-Linked EFW Index, 2000-2009
    18. 21. Future Projections
    19. 22. How to Nurture Entrepreneurship? Economic Freedoms Political Freedoms Cultural & Social Freedoms

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