1 AIT Asian Institute of Technology

Critical survival factors for entrepreneurial firms in hostile emerging markets

AuthorDehigama, Nayana D.P.
Call NumberAIT Diss no. DBA-SOM-15-03
Subject(s)Business enterprises
Marketing
NoteA dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Business Administration, School of Management
PublisherAsian Institute of Technology
AbstractMarket crises and hostilities challenge the sustainability and growth of entrepreneurial firms in emerging markets. Success of entrepreneurial firms is important to any nation as the entrepreneurial firms contribute significantly to the stability and well being of the economy. The purpose of this thesis is to enlighten entrepreneurs what factors that are essential to gain business success in constantly turbulent and hostile emerging economy markets. This research, conducted in three parts (autobiographic study, case research and questionnaire based survey) using empirical data from entrepreneurs and entrepreneurial firms operating in Sri Lanka provided interesting findings. The analyses suggested that in a constantly turbulent and hostile emerging market context, five factors, namely, credibility, creativity, competence, commitment, and connections/relationships, significantly influence entrepreneurial firm survival and growth. A model showing the influence of these factors has been proposed too. This research also addressed a knowledge gap in the literature by investigating the contribution of factors that are critical and essential for entrepreneurial firms to survive and grow in constantly turbulent and hostile emerging economy markets. The findings offer entrepreneurs in emerging markets important insights into growth strategies for surviving and thriving in oftenhostile market conditions. In addition, suggestions for further research to address the possible gaps in the findings of this research have been proposed.
Year2015
TypeDissertation
SchoolSchool of Management (SOM)
DepartmentOther Field of Studies (No Department)
Academic Program/FoSDoctor of Philosophy in Business Administration (Publication code = DBA-SM, SM)
Chairperson(s)Igel, Barbara;
Examination Committee(s)Kauranen, Ilkka;Huynh Trung Luong;Goel, Geetika;Kraus, Sascha ;


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