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How Entrepreneurs Influence the Success of the Developing Countries

Keywords: Entrepreneurship , Developing Countries , Pareto’s Law

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Abstract:

The path of development is through change by innovation in any form, and innovation takes place by entrepreneurs. The main difference between the developing and developed countries is that in developed countries the situation for improvement and development in different sectors of the society is well defined organized and is systematic and they are based on the society needs, aim to solve the problems, but this condition is not well organized in the developing countries and most of the decisions are not practiced and freezes in action stage. There are three factors that if they are performed simultaneously and completely in every organization, we can call it developed organization. First, the rules and regulations based on the needs of the organization to solve the problems, second, a complete information system and technology in order that the authorities, and the people understand what exactly they should do, and the third is the general conscience of all members of organization. Based on the pareto’s law, 80 percent of any organization members have 20 percent role in successfulness of the organization and vise versa. Entrepreneurs have the main influence in the first two factors, in this paper these issues are studied in detail. What is a developed country? Who is an entrepreneur? What are the characteristics of the entrepreneurs? Why they have the main role in developing a country? How they can handle their duties? And who is responsible if succeed is not achieved in practice? These are the items which are considered and discussed in this paper.

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