A study of challenges in entrepreneurship development and potential role of public sector in mitigating them – evidence from Kurdistan region of Iraq

Abstract

The purpose of this paper is to identify the main challenges faced by entrepreneurs in the Kurdistan region of Iraq and possible ways that regional public sector can take for the purpose of improving entrepreneurship development. Given the importance of entrepreneurs in the economic development and job creation, it’s critical to understand what drives entrepreneurs to become less effective and to investigate how the implementation of “entrepreneurship ecosystem” practiced by public policy makers mitigates these challenges. As a result, authors strive to answers two main questions in this paper: “What are the factors that hold back entrepreneurs in the Kurdistan Region to start their own businesses? “And “What measures the local government can take to mitigate such challenges?” The methodology used in this study is quantitative approach, involving a survey questionnaire. This paper consists of four parts: After the introduction, second part will provide empirical data on challenges facing entrepreneurs in Kurdistan Region of Iraq. Discussion and analysis of the findings are done in the third part. Finally, in the last part, paper will offer conclusions by summarizing the key findings.