Entrepreneurship in transitional economy

This paper explores the relationship among socio-political culture and the economic environment and places the entrepreneur at the forefront of the Transitional Economy and identifies the entrepreneur as a catalyst for change and progress. Within wider world changes, this discussion and interrogation of entrepreneurial development in the Transitional Economy provides new knowledge from the perspective of both a native entrepreneur and the perceptions of 638 respondents who contributed to the research. The concluding model makes explicit that the constructs Freedom and History serve as moderators for entrepreneurial development in the Transitional Economy and suggests that the strength of an individual is created by the societal construct. The progress of entrepreneurs is enhanced if there is a political and economic freedom to operate that is informed by the historical knowledge.