When an initiative promises more than it delivers: a multi-actor perspective of rural entrepreneurship difficulties and failure in Thailand

Edward Kasabov · 2016 · Entrepreneurship and Regional Development

Summary. A Thai rural entrepreneurship initiative failed to deliver promised outcomes because entrepreneurs lacked resources and exhibited risk aversion, passivity, and dependence on government support. One-size-fits-all policies ignored entrepreneurs' actual needs and capabilities. The study reveals that entrepreneurship failure takes multiple forms beyond business closure, including inability to meet initiative objectives, and identifies attitudinal inadequacies alongside resource weaknesses as key barriers.

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@article{kasabov-2016-when-initiative-promises-more-than,
  title   = {When an initiative promises more than it delivers: a multi-actor perspective of rural entrepreneurship difficulties and failure in Thailand},
  author  = {Edward Kasabov},
  journal = {Entrepreneurship and Regional Development},
  year    = {2016},
  doi     = {10.1080/08985626.2016.1234650},
  url     = {https://doi.org/10.1080/08985626.2016.1234650}
}

TY  - JOUR
TI  - When an initiative promises more than it delivers: a multi-actor perspective of rural entrepreneurship difficulties and failure in Thailand
AU  - Edward Kasabov
JO  - Entrepreneurship and Regional Development
PY  - 2016
DO  - 10.1080/08985626.2016.1234650
UR  - https://doi.org/10.1080/08985626.2016.1234650
ER  - 

Details

DOI

10.1080/08985626.2016.1234650

Countries

Thailand

Regions

Asia

Categories

entrepreneurship, policy, regional-innovation-systems

Added

2026-04-28