Entrepreneurship in Emerging Economies: A Microenterprise Case

Disadvantages of emerging economies include high poverty, a lack of industrialisation, a shortage in digital training, as well as an economic and financial dependency on foreign sources. Such deficiencies influence the future of genuine entrepreneurs. Despite these limitations, and in comparison to the developed countries, these economies are the world’s economy-engine. Thus, this research focuses on the analysis of the entrepreneur’s spirit and the qualitative indicators that influence their current situation, which include a: (a) stable microenterprise, (b) growing microenterprise and (c) critical or decayed microenterprise. This research involved a non-experimental with a descriptive, correlative and regressive study. Surveys were conducted from September 2016 to January 2017, interviewing owners and/or partners of 80 different microenterprises in Celaya, Guanajuato. The aim of the results was to seek and contribute knowledge to the microentrepreneur and government, so that they may understand the qualitative aspects that influence all current situations of a microentrepreneur. Additionally, the results serve as a source for further support of this vulnerable yet essential sector within the Mexican business environment. In general, this paper shows that even with the country’s insecure and uncertain conditions, more than half of the interviewed microenterprises find their business in a stable situation and one third of the surveyed are in growth.