Introduction
Developing or emerging economies can be defined as “economies characterized by an increasing market orientation and an expanding economic foundation”. In other words, it points out to the “in-between” countries that are neither developed nor are frontier (or pre-emerging) markets. Those countries are highly attractive for entrepreneurs. In fact, they usually generate returns that are well above those of the developed countries while the risks and investment time horizon are below those of frontier markets.
As a matter of fact, the opportunities that the developing countries offer are unquestionable. As opposed to the developing countries where the competition is tough across all industries …show more content…
Actually, the opportunities do exist, they may just not be easy to seize. This can be du to various factors that make entrepreneurship in those countries different and sometimes more difficult than in the developed ones.
For the sake of accuracy, it was essential to reduce the scope of the study to a region or a country. In fact, even though emerging countries do share a common ground, they differ a lot in many aspects including but not limited to culture, religion, political stability, growth rate, proximity to developing countries etc.
Being from Morocco and having actually experienced entrepreneurship there, it appeared to me as an obvious choice. At first, I wanted to study the whole Maghreb (western north Africa) but I quickly realized that even though they are really similar, Morocco was different, especially after the Arab spring.
This thesis aims at answering the question: “is Morocco an entrepreneurial paradise or a minefield?”. The first part will provide an extensive overview of the existing researches and data through a literature review. Second, the used methodology will be exposed. Third, the findings that have emerged will be discussed and analyzed. Lastly, a conclusion and recommendations section will summarize the paper and provide some …show more content…
The first one tries to assess the efficiency and the cost of the processes handled by the government. Basically, the simpler and cheaper the processes, the better the performance and thus the ranking on the ease of doing business. On the other hand, the second type reflects the strength of the institutions that works toward private sector development. Again, the stronger and the more developed those institutions are, the better the score and the