In a startling survey of 100 fastest growing entrepreneurial, non-listed Pakistani companies, 82 per cent of these private companies plan to start other businesses and will set up 140 new companies in next two years. With an accumulative $1.42 billion sales revenue in 2010 and an average annual growth rate of 55 per cent , 41 per cent of the fastest growing Pakistani private companies termed political instability biggest constraint to growth, 38 per cent termed government regulations and red tape, 32 per cent termed unavailability of quality human resource, 31 per cent termed finding qualified managers, 21 per cent termed shortage/cost of long-term finance, 19 per cent termed lack of government support for smaller companies and 18 per cent termed shortage or cost of working capital the constraints for growth in the country.
Psychological studies show that the psychological propensities for male and female entrepreneurs are more similar than different. A growing body of work shows that entrepreneurial behavior is dependent on social and economic factors.
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