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Impact of Modern Technologies on Entrepreneurial Ventures in Developing Countries

Worlu, Rowland E.K. (2007) Impact of Modern Technologies on Entrepreneurial Ventures in Developing Countries. Journal of Business Administration and Management, 2 (1). pp. 102-107.

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The negative consequences of underdevelopment in the developing countries need an immediate solution so as to free millions of people affected by it. This solution has found expression in entrepreneurship. As a matter of fact, a survey on entrepreneurship in developing countries conducted in 2002 had it that "there is a growing evidence of a significant causal relationship between entrepreneurship, economic growth and poverty reduction. In other words, fostering the development of entrepreneurship to help people employ themselves and others may offer the best hope for breaking the poverty cycle in many developing countries. This paper seeks to show that modern technology has become a tool in fostering such development. Evidently, the advent of computers and improved telecommunication systems has caused citizens of developing nations to make steady progress in entrepreneurship.

Item Type: Article
Uncontrolled Keywords: Impact, Technologies, Entrepreneurship, Ventures, and Developing Countries
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Mr Solomon Bayoko
Date Deposited: 07 Dec 2014 09:15
Last Modified: 07 Dec 2014 09:15

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