Enterprise and entrepreneurship in the Caribbean region: introduction to the special issue

Abstract

Entrepreneurship as a pseudo-discipline has matured to the point where it has begun to question the myths which have developed around it. As a panacea for the development ills of capitalism, studies have spanned various ideological and methodological viewpoints. Spatially, entrepreneurship studies have grown to include countries of the Global South and emerging economies, particularly those of Eastern Europe. This special issue extends this reach to the small developing states of the Caribbean and particularly those with a British colonial legacy rooted in the remnants of the plantation economy. The commencement of political independence in the 1960s has not resulted in any significant economic independence for the region as it remains dependent on foreign investment, whilst its key sectors remain subject to the volatility of the economies of the global north. The papers in this special issue identify domestic and enterprise level constraints to the development of entrepreneurship in the region. This Introduction places these, mostly micro-level studies, in a wider context, concluding that policy-makers need to better understand the concept of entrepreneurship and its role in achieving developmental goals. Our challenging recommendation is that those formulating and delivering these policies and practices should do so with an entrepreneurial mind-set.

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