Cyprus small business ventures invigorate the economy

Ioannis Violaris; Danae Harmandas; Yiannos Loizides

doi:10.1002/tie.21442

Cyprus small business ventures invigorate the economy

Ioannis Violaris, Danae Harmandas, Yiannos Loizides

Frederick University

Research output: Contribution to journal › Article › peer-review

Abstract

Cyprus has managed to advance itself and be recognized as one of the world's 32 advanced economies. By supporting local and foreign socioeconomic interests over the years, the small island-nation today boasts rapid growth, full employment conditions, external and internal stability, strong telecommunications infrastructure, and a society well prepared to embrace the emerging knowledge economy. Recognizing its susceptibility to external economic trends as well as its attraction for various migrant groups, however, the people of Cyprus have embraced the benefits of putting their social capital to financial gain and the improvement of quality of life by supporting local business and welcoming foreign investment.

Original language	English
Pages (from-to)	105-110
Number of pages	6
Journal	Thunderbird International Business Review
Volume	54
Issue number	1
DOIs	https://doi.org/10.1002/tie.21442
Publication status	Published - Jan 2012

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10.1002/tie.21442

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Cyprus small business ventures invigorate the economy

Abstract

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