illustrates that as the transition process progresses, entrepreneurship development intransition countries is a story of … increasing divergence. The transitional context providesunique opportunities for entrepreneurship activities to develop. However …-based entrepreneurship as the free-market system matures within acontext with low levels of SMEs and inherited negative views towards …

address the issue of entrepreneurship in two distinct ways: a) as it has historically developed within the field of economics … and b) as it develops in the transitional context. In contrast to advanced western economies, productive entrepreneurship … entrepreneurship for transition countries. By means of a literature survey, we further present the main characteristics of …