1st Edition

Entrepreneurship in the BRICS Economic Development and Growth in the Post-Pandemic World

    354 Pages 23 B/W Illustrations
    by Routledge

    Entrepreneurship is a tool of innovation promotion that supports sound economic environments as it stimulates economic growth and development. The BRICS nations, i.e., Brazil, Russia, India, China and South Africa, are a group of emerging countries comprising the highest developmental block of the emerging nations. It is imperative to assess the entrepreneurship policies, strategies, promotional programs and their implications on among others, entrepreneurship funding, economic growth, employment trends. The COVID-19 pandemic has impacted the entrepreneurship environment and equally steered state funding priorities away from entrepreneurship development support worldwide. This research book assesses the effect that COVID-19 has had on government funding priority, policy interventions and resultant implications on the entrepreneurship environment, economic growth and employment with a focus on BRICS. Readers will gain insight into what entrepreneurship looks like in the BRICS context and how it has been affected by COVID-19, indicating how the BRICS nations are likely to move forward to further strengthen entrepreneurship. This edited volume will be of interest to researchers, academics, practitioners, and advanced students in the fields of entrepreneurship, innovation, strategy, international relations, multilateralism, and economic development.


    Ndivhuho Tshikovhi, Fulufhelo Netswera, Ravinder Rena and Lillie Ferriol Prat

    PART I: Implications and Consequences during Covid-19 pandemic in BRICS nations

    Chapter 1. The impact of COVID-19 pandemic on SMMEs in BRICS economies: policy responses and combating strategies

    Frank Ranganai Matenda, Mabutho Sibanda and Justin Chirima

    Chapter 2. Policies and strategies for the mitigation of COVID-19 impact on SMMEs in South Africa

    Fiona Langry

    Chapter 3. Covid-19 & Sustainability of Indian MSME’s in Crisis: The Role of Government of India

    Roli Raghuvanshi and Ravinder Rena

    Chapter 4. The Impact of COVID-19 on Entrepreneurship focusing on Small- Medium Enterprises in South Africa

    Zamaswazi Cele, Ndivhuho Tshikovhi and Fulufhelo Netswera

    Chapter 5. China's SMEs in the scope of COVID-19: Strategies and prospects for survival and development

    Xi Chen, Jai Kumar and Chensi Li

    Chapter 6. Emerging Trends among Indian Entrepreneurs - A Post COVID -19 Outlook

    Yavana Rani Subramanian and Ravinder Rena

    Chapter 7. The future of entrepreneurship in a post-COVID-19 ERA in South Africa

    Njabulo Ndlovu and Richard Shambare

    Chapter 8. Restaurants and COVID-19: A focus on the learning experiences of restaurant entrepreneurs amidst COVID-19 in South Africa

    Knowledge Shumba, Wellington Chakuzira, Richard Shambare and Ntswaki Petunia Matlala

    PART II: Challenges and Opportunities in BRICS countries

    Chapter 9. Importance of Governance in Entrepreneurship

    Namrata Dhasmana

    Chapter 10. The impact of entrepreneurship on economic growth in emerging economies: evidence from BRICS countries

    Frank Ranganai Matendaa and Mabutho Sibandaa

    Chapter 11. Does the mixed ownership reform promote the innovation level of state-owned enterprises? A dual analysis of equity balance and top management governance

    Zhe Sun, Zhe Wang, Xiaoming Wang and Liang Zhao

    Chapter 12. Strategic development opportunities through BRICS innovation cooperation action plans: innovative exchange as a path to integration

    Arthur Chagas dos Santos

    Chapter 13. Industry, Innovation and Infrastructure: Contribution of SMEs in the Developing Economies

    Zakia Tasmin Rahman, Ruhi Lal and Ravinder Rena

    PART III: Individual BRICS nations’ perspectives on Entrepreneurship

    Chapter 14. Exploring the urban economics of street markets in BRICS nations: The case study of “Rolêfeira” in Araraquara, Brazil

    Renan Augusto Ramos and Ndivhuho Tshikovhi

    Chapter 15. Entrepreneurship for economic development and growth: The case of Russia in BRICS

    Sergei Smirnov and Ndivhuho Tshikovhi

    Chapter 16. Technological entrepreneurship and peculiarities of its development in Russia

    Nikolai О. Yakushev

    Chapter 17. Entrepreneurial lens into creative industries in Russia post COVID-19: the case of Urals region

    Anna Kurumchina

    Chapter 18. The influence of Entrepreneurship Education on Higher Education Students’ Entrepreneurial Intentions and Motivation in South Africa

    Ankit Katrodia

    Chapter 19. Towards an aggressive economic growth: Promoting entrepreneurship as a catalyst for development in South Africa

    Gilbert Motsaathebe and Ravinder Rena


    Ndivhuho Tshikovhi is a postdoctoral research fellow at the Faculty of Management Sciences, Durban University of Technology (DUT) in South Africa. He is also the project manager for the BRICS Research Institute at DUT.

    Fulufhelo Netswera is the Executive Dean: Faculty of Management Sciences at the Durban University of Technology (DUT). He is also the Head of the BRICS Research Institute at DUT.        

    Ravinder Rena is an adjunct professor of economics at the Faculty of Management Sciences at the Durban University of Technology (DUT).