This volume brings together contributions from the academic community, policymakers, and practitioners to delve into the profound challenges facing the international system in the aftermath of the COVID-19 pandemic. With a focus on the Global South, it offers a comprehensive analysis of the political economy of development in this region, considering the economic, social, and geopolitical factors at play. The book addresses the multifaceted challenges that developing countries encounter in terms of economic growth, poverty reduction, and social development in a post-pandemic world. It examines the impact of the pandemic on these countries and explores innovative strategies for promoting economic recovery and sustainable development. It is an invaluable resource for anyone interested in understanding the political economy of development in the Global South post covid-19 pandemic. It provides a comprehensive overview of the challenges facing developing countries and offers valuable insights into the potential solutions that can be implemented to foster economic recovery and development. Its interdisciplinary approach and diverse perspectives make it a valuable resource for anyone interested in the dynamics of development in the Global South.

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, and promotional programmes and their implications for, among others, entrepreneurship funding, economic growth, and 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.

Table of Contents

Introduction

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 and Sustainability of Indian MSMEs 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 and 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

S. Yavana Rani 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 Matenda and Mabutho Sibanda

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