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European Journal of Business and Management                                                              www.iiste.org
ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online)
Vol 4, No.18, 2012

              Media Inattention for Entrepreneurship in Pakistan
                                       Shujahat Ali1* Wei Lu1 Chen Cheng1 Lyu Chaoge1
     1. School of Management, University of Science and Technology of China, Hefei, Anhui, 230026, P.R. China
               *E-mail of the corresponding author: ali7@mail.ustc.edu.cn or shujatali26@gmail.com

Abstract
In this paper, we are discussing the role of media for fostering entrepreneurship, by giving coverage to business
success stories entrepreneurs and overall entrepreneurship. Media can play a productive role. We used Pakistan as a
case, a country having enormous number of electronic and print media fast pace growth, among all the factor driven
economies. We used the GEM data to develop our framework. The area we are thrusting is comparing the size of
media and attention being paid to entrepreneurship in Pakistan. The less attention resulting in low level of
entrepreneurial intentions, ultimately that will lead to low level of opportunity driven entrepreneurs and new business
ownership rate in Pakistan.
Keywords: Media entrepreneurship, Media attention, GEM, Entrepreneurship, Pakistani Media
1.   Introduction
Media being integral part of our daily life is considered as the most important after three basic niceties (Bora, 2012).
Small and medium enterprises are the pride of every nation due to their role in economic development (Ogbo &
NWACHUKWU, 2012). Growth is generally considered as good goal for most of the firms, it is widely broadcasted
in the media like top 100 growing firms, and is considered a measure of entrepreneurial success (Davidsson, 1991)
mass Media encourages the adherence (Miller & Budd, 1999) programs got an indirect impact on the actual patterns
of entrepreneurship. Supporting for a more holistic approach to policies designed for further enhance entrepreneurial
culture in the UK. The role of reality programs is important for raising the level of desirability and future intentions
to engage in ‘entrepreneurship’, which will more readily translated into entrepreneurial outcomes.
Perceived feasibility is found to be an important contributor in Pakistan for the formation of entrepreneurial
intentions (Ali et al., 2012).Through initiatives designed to develop skills and capacity building aimed at business
start-up (Jonathan Levie et al., 2010 ) more over the choice to get engaged with certain occupation is cognitive in
nature, likely influenced by beliefs, attitudes, and effectives states attitudes are influenced they why information is
provided (Bower GH, 2001; Popovich P. & JP., 1982) . As Bauman (1992); Pacheco (1998) found the positive
influence of media on the intentions and interests for start-ups by Lugo-Ocando (2008); Tettey (2001) providing
basis of knowledge creation and informed participation.
2.   Literature Review
Individuals decision to engage in certain behavior are influence by the attitude , behaviors , identity and examples
they provide (Ajzen, 1991) and persons senses of self affects the economic out comes (Akerlof & Kranton,
2000)Entrepreneurship is a vigorous subject, “is a dynamic process of vision, change, and creation”(Kuratko, 2004).
Just over half of the governments appear to use the mass media to promote entrepreneurship, specifically television
and radio, but only 38% take steps to nurture the media by providing entrepreneurship-related features and success
story profiles. Mass media initiatives to promote entrepreneurship are most evident in Taiwan, United Kingdom, and
United States Canada and to some extent eastern European country Finland, the government of Denmark planned to
start a media campaign to acknowledge its entrepreneurs. In a country if media is calming that it is easy or difficult to
start business, it is not the same it is actually true, but such statements will influence the behavior. The media
coverage of entrepreneurs effect in a positive way and will be long felt (Anders Lundström & Lois Stevenson, 2005).
There is a need of infrastructure and services to be available for new ventures like business plan competitions,
entrepreneurship education centers mentoring the students as prospected entrepreneurs. Moreover, student studying
scientific disciplines seem more to contribute in reducing unemployment and to start a business by enhancing
economic growth. Government-supported education and support programs development of public policy human
capital technological infrastructure and financial reforms are also better determinants (Acs & Szerb, 2007; Roberts,
1991).
                                                           96
European Journal of Business and Management                                                             www.iiste.org
ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online)
Vol 4, No.18, 2012

Media has been defined in different ways “a contraction of the term media of communication, referring to those
organized means of dissemination of fact, opinion, and entertainment such as newspapers, magazines, cinema films,
radio, television and the work wide web”(Hang & van Weezel, 2005).
It is “a generic term for systems of production, dissemination of information and entertainment of exertion of various
kinds of social controls. Unlike a channel which is limited to contiguous physical medium between sender and
receiver of communications, media include the institutions which determine the nature of programming and form of
distribution all media are associated with more or less elaborate forms of audience perception” (Krippendorff, 1986).
According to Awasthi (2011) entrepreneurship cannot grow in isolation without a supportive public policy (Norris,
2003) there is a visible gap between info-rich and info-poor in developing world e.g. media is playing an important
role in shaping the public policy and implementing the public policy in United Kingdom for continuing relationship;
maintaining an influential interventionist competence and promoting the global economic liberalization (Curtis,
2003). According to Hisrich (1988) the new surge of independence, self-actualization, creativity and concern about
the work environment accompanied a wave of prosperity and economic growth in manufacturing oriented nation like
the United States. The attention shifted away from large corporations towards small organizations and the creation of
innovative undertakings. A new spirit of entrepreneurship was born in the media as well as in academic institutions.
More attention was paid to the lives and success stories of entrepreneurs, conception of adding up new academic
courses in entrepreneurship (Audretsch et al., 2007) values and attitudes can be shaped by paying attention to
entrepreneurs in media, (A. Lundström & L. Stevenson, 2005) supported by government and members of media
it is most evident in the Taiwan, UK, USA, Canada, Australia, hosting Small Business Week, from last several years.
The US government hosts Minority Enterprise Development Week; Swedish government co-sponsors annual
Entrepreneurship Week with NUTEK and Swedish Foundation for small Business Research; Spanish government;
“salons d’emprende”; UK proclaimed Enterprise Week, Danish government also implementing the road shows to
raise awareness of entrepreneurship among students specific budget is allocated for this purpose.
As Acceded by Hassan (2004) media practice and organization put in a significantly role to produce and preserve a
culture. By disseminating the traditions, ideologies, symbols , values and norms, to shape the ideas that directly,
feed into economic organizations and level of technological development that dominate within society.
There number of programs for providing coverage to successful entrepreneurs and encouraging others to follow
them and be successful for example “How I made my Millions, Techs tars TV, This week in start-ups, The Office,
The apprentice, The rise to the Top, The Mixergy, Shark Tank, The Big Deal, How to make it in America” (TV USA).
China entrepreneurs (iTV-Asia, 2012), the apprentice, Dragon’s Den (Startups, 2012) are famous programs in
entrepreneurial nations.
Pakistan is leading in Television channels, Radio Station and Print media among the factor driven economies.
According to BBCPakistan (2008) Survey of Adults Media use in Pakistan Television Viewers, Male 79% female
76%, Radio Listeners, Male 37% Female 21%, Newspaper readers Male 42% Female 13%. The use of internet is low
just 7% Male and 1% female are using Internet monthly.
3.   Methodology
This paper is exploratory study on the role of media for the entrepreneurs in factor driven economies particularly
Pakistan based on the Global Entrepreneurship Monitor (GEM) data in order to provide an overview of the situation.
GEM (2012) “After conducting the first GEM Global study in 1999, the Global entrepreneurship research
association was initiated by the year 2004, with the mission to contribute for the global economic development
through entrepreneurship.
 Identify the policies fruitful for appropriate level of entrepreneurship differentiating the individual attitudes among
economies. As whole focusing on the ways nurture more entrepreneurs and increase the level of success”.
GEM Adult survey was conducted in Pakistan by the year 2010. According Sarfaraz and Faghih (2011) there are
three categories of the countries in GEM survey factor driven extractive in nature, efficiency driven, and innovation
driven Pakistan is among the factor driven countries.
4.   Results
                                                          97
European Journal of Business and Management                                                             www.iiste.org
ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online)
Vol 4, No.18, 2012

By using GEM Global, report and GEM Survey of Pakistan 2010 data. We are exploring the media attention for
entrepreneurship, impacts on the entrepreneurial intention.
The major point of concern is as compare to size of media (Table 01) the attentions paid for entrepreneurship is far
less than other economics in the group and compared to countries in the region like Bangladesh and Iran the situation
is not convincing too. All other economies are comparatively, to their size of media paying more attention for
entrepreneurship. Even though the other nations are having is less media intuitions than Pakistan. As mentioned
(Table 01) countries like Bangladesh, and Algeria where the size of media is far less than Pakistan, but in terms of
media attention there is not much difference.
Pakistan is rated number seven among the Factor driven economies in terms of media attention for
entrepreneurship (GEM, 2012), that is leading a lower score in Entrepreneurial intentions,
and ultimately to low rate of new business ownership 1.7 (Percentage of population between the age of 18-64 has
paid salaries wages and other payments from last three months but not more than 42 months ).
5.   Conclusion
The GEM survey in Pakistan is providing evidence that media is not pay attention to entrepreneurship.
Entrepreneurship never has been focuses of planners (Sarfaraz A. Mian & Qureshi, 2010). In many countries, there
are programs to give coverage to successful entrepreneurs presenting them as role models for future entrepreneurs. In
Pakistan Media has no policy from the Government, for programs and coverage to entrepreneurs. The more focus on
entrepreneurship will change the societal trend and involve more people in the entrepreneurial activity. There is need
to have a mutual policy for paying more attention to entrepreneurship developed by stakeholders notably government
and media. That can serve as a better ground for an entrepreneurial society by raising the level of entrepreneurial
intentions and opportunity sensing as (Thomas, 2011) opportunity driven entrepreneurs are more prevalent, that will
lead to increase the rate of new venture creation and contribute in economic development.
The media is not playing its active role to enhance the entrepreneurial activity in the country. The media attention for
entrepreneurship will cast new lights for developing the entrepreneurial society.
References
Acs, Z., & Szerb, L. (2007). Entrepreneurship, Economic Growth and Public Policy. Small business economics,
28(2), 109-122.
Ajzen, I. (1991). The Theory of Planned Behavior, 179-211.
Akerlof, G. A., & Kranton, R. E. (2000). Economics and identity. Quarterly Journal of Economics, 115(3), 715-753.
Ali, S., Lu, W., & Wang, W. (2012). Determinants of Entrepreneurial Intentions among the College Students in:
China and Pakistan. Journal of Education and Practice, 3(11), 13-21.
Audretsch, D. B., Grilo, I., & Thurik, A. R. (2007). Explaining entrepreneurship and the role of policy: a framework.
The handbook of research on entrepreneurship policy, 1-17.
Awasthi, D. (2011). Approaches to Entrepreneurship Development: The Indian Experience. Journal of Global
Entrepreneurship Research, 1(1), 107-124.
Bauman, Z. (1992). Intimations of postmodernity: Psychology Press.
BBCPakistan.     (2008).      BBC      Pakistan    survey       of    Adults      Media     use     Retrieved      from
http://www.pas.org.pk/television-in-pakistan-an-overview/
Bora, A. (2012). Media as a Catalyst for Higher Education. New Media and Mass Communication, 2, 60-66.
Bower GH, F. J. (Ed.). (2001). In Forgas JP (Ed.), Handbook of affect and social cognition            Mood and social
memory. Mahwah NJ: Erlbaum.
Curtis, M. (2003). Web of deceit: Britain's real role in the world. London: Vintage.
Davidsson, P. (1991). Continued Entrepreneurship: Ability, Need and Opportunity as Determinants of Small Firm
Growth. Journal of Business Venturing 4, 211-226.
GEM. (2012). Global Entrepreneurship Research Association Retrieved June 6, from Global Entreprepreneurship
                                                          98
European Journal of Business and Management                                                           www.iiste.org
ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online)
Vol 4, No.18, 2012

Monitor: http://gemconsortium.org/visualizations
Hang, M., & van Weezel, A. (2005). Media and entrepreneurship: a survey of the literature relating both concepts.
Hassan, R. (2004). Media, politics and the network society: Open Univ Pr.
Hisrich, R. D. (1988). Entrepreneurship past, present and future. Journal of Small Business Management, 26(4).
iTV-Asia. (2012). China Entrpreneurs. Retrieved from http://www.itv-asia.com/program/china-entrepreneurs
Jonathan Levie, Mark Hart , & Karim, M. S. (2010 ). Impact of Media on Entrepreneurial Intentions and Actions
Global Entrepreneurship Monitor
Krippendorff, K. (1986). A dictionary of cybernetics.
Kuratko, D. F. (2004). Entrepreneurship Education in the 21st Century: From Legitimization to Leardership.
Lugo-Ocando, J. E. (2008). The Media in Latin America: Nueva York.
Lundström, A., & Stevenson, L. (2005). Entrepreneurship policy: Theory and practice (Vol. 9): Springer Verlag.
Miller, L., & Budd, J. (1999). The development of occupational sex‐role stereotypes, occupational preferences and
academic subject preferences in children at ages 8, 12 and 16. Educational Psychology, 19(1), 17-35.
Norris, P. (2003). Digital divide: Civic engagement, information poverty, and the Internet worldwide (Vol. 40):
Taylor & Francis.
Ogbo, A., & NWACHUKWU, A. G. U. C. (2012). The Role of Entrepreneurship in Economic Development: The
Nigerian Perspective. European Journal of Business and Management, 4(8), 95-105.
Pacheco, C. (1998). Enterprise and Education: BA Business Administration Dissertation, Leeds Business School.
Popovich P., & JP., W. (1982). The realistic job preview as a persuasive communication. Academy of Management
Review,,, 7, 570-578.
Roberts, E. B. (1991). Entrepreneurs in high technology: lessons from MIT and beyond: Oxford University Press.
Sarfaraz A. Mian, & Qureshi, M. S. (2010). Global Entrepreneurship Monitor Pakistan Report 2010: Global
Entrepreneurship Monitor.
Sarfaraz, L., & Faghih, N. (2011). Women’s Entrepreneurship in Iran: A GEM Based-Data Evidence. Journal of
Global Entrepreneurship Research, 1(1), 45-57.
Startups. (2012). TV entrepreneurs. Retrieved June 01, 2012, from http://www.startups.co.uk/tv-entrepreneurs
Tettey, W. J. (2001). The media and democratization in Africa: contributions, constraints and concerns of the private
press. Media, Culture & Society, 23(1), 5-31.
Thomas, H. (2011). Entrepreneurship in Hong Kong Journal of Global Entrepreneurship Research, Winter & Spring,
1(1), 73-94




                                                         99
European Journal of Business and Management                                                                     www.iiste.org
ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online)
Vol 4, No.18, 2012


                                                            Table 01
       Size of The Media In Factor Driven Economies and Media Attention a
       Country           Television       Radio        Print media       Media Attentions for      Entrepreneurial
                                                                         Entrepreneurship          Intentions
       Algeria+          14               62           95                77                        41.8
       Bangladesh        17               19           23                63                        24.6
       Guatemala+        32               53           18                62                        26.4
       Iran+             133              106          119               58                        29.9
       Jamaica+          5                8            8                 51                        19.5
       Pakistan          166**            245          383               49                        22.6
       Venezuela         102              143          181               48                        20.2
       *This data have been collected with a very precise analysis from different online sources
       **around 33 more are in process


Acknowledgment
Special thanks to China Scholarship Council.




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Media inattention for entrepreneurship in pakistan

  • 1. European Journal of Business and Management www.iiste.org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 4, No.18, 2012 Media Inattention for Entrepreneurship in Pakistan Shujahat Ali1* Wei Lu1 Chen Cheng1 Lyu Chaoge1 1. School of Management, University of Science and Technology of China, Hefei, Anhui, 230026, P.R. China *E-mail of the corresponding author: ali7@mail.ustc.edu.cn or shujatali26@gmail.com Abstract In this paper, we are discussing the role of media for fostering entrepreneurship, by giving coverage to business success stories entrepreneurs and overall entrepreneurship. Media can play a productive role. We used Pakistan as a case, a country having enormous number of electronic and print media fast pace growth, among all the factor driven economies. We used the GEM data to develop our framework. The area we are thrusting is comparing the size of media and attention being paid to entrepreneurship in Pakistan. The less attention resulting in low level of entrepreneurial intentions, ultimately that will lead to low level of opportunity driven entrepreneurs and new business ownership rate in Pakistan. Keywords: Media entrepreneurship, Media attention, GEM, Entrepreneurship, Pakistani Media 1. Introduction Media being integral part of our daily life is considered as the most important after three basic niceties (Bora, 2012). Small and medium enterprises are the pride of every nation due to their role in economic development (Ogbo & NWACHUKWU, 2012). Growth is generally considered as good goal for most of the firms, it is widely broadcasted in the media like top 100 growing firms, and is considered a measure of entrepreneurial success (Davidsson, 1991) mass Media encourages the adherence (Miller & Budd, 1999) programs got an indirect impact on the actual patterns of entrepreneurship. Supporting for a more holistic approach to policies designed for further enhance entrepreneurial culture in the UK. The role of reality programs is important for raising the level of desirability and future intentions to engage in ‘entrepreneurship’, which will more readily translated into entrepreneurial outcomes. Perceived feasibility is found to be an important contributor in Pakistan for the formation of entrepreneurial intentions (Ali et al., 2012).Through initiatives designed to develop skills and capacity building aimed at business start-up (Jonathan Levie et al., 2010 ) more over the choice to get engaged with certain occupation is cognitive in nature, likely influenced by beliefs, attitudes, and effectives states attitudes are influenced they why information is provided (Bower GH, 2001; Popovich P. & JP., 1982) . As Bauman (1992); Pacheco (1998) found the positive influence of media on the intentions and interests for start-ups by Lugo-Ocando (2008); Tettey (2001) providing basis of knowledge creation and informed participation. 2. Literature Review Individuals decision to engage in certain behavior are influence by the attitude , behaviors , identity and examples they provide (Ajzen, 1991) and persons senses of self affects the economic out comes (Akerlof & Kranton, 2000)Entrepreneurship is a vigorous subject, “is a dynamic process of vision, change, and creation”(Kuratko, 2004). Just over half of the governments appear to use the mass media to promote entrepreneurship, specifically television and radio, but only 38% take steps to nurture the media by providing entrepreneurship-related features and success story profiles. Mass media initiatives to promote entrepreneurship are most evident in Taiwan, United Kingdom, and United States Canada and to some extent eastern European country Finland, the government of Denmark planned to start a media campaign to acknowledge its entrepreneurs. In a country if media is calming that it is easy or difficult to start business, it is not the same it is actually true, but such statements will influence the behavior. The media coverage of entrepreneurs effect in a positive way and will be long felt (Anders Lundström & Lois Stevenson, 2005). There is a need of infrastructure and services to be available for new ventures like business plan competitions, entrepreneurship education centers mentoring the students as prospected entrepreneurs. Moreover, student studying scientific disciplines seem more to contribute in reducing unemployment and to start a business by enhancing economic growth. Government-supported education and support programs development of public policy human capital technological infrastructure and financial reforms are also better determinants (Acs & Szerb, 2007; Roberts, 1991). 96
  • 2. European Journal of Business and Management www.iiste.org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 4, No.18, 2012 Media has been defined in different ways “a contraction of the term media of communication, referring to those organized means of dissemination of fact, opinion, and entertainment such as newspapers, magazines, cinema films, radio, television and the work wide web”(Hang & van Weezel, 2005). It is “a generic term for systems of production, dissemination of information and entertainment of exertion of various kinds of social controls. Unlike a channel which is limited to contiguous physical medium between sender and receiver of communications, media include the institutions which determine the nature of programming and form of distribution all media are associated with more or less elaborate forms of audience perception” (Krippendorff, 1986). According to Awasthi (2011) entrepreneurship cannot grow in isolation without a supportive public policy (Norris, 2003) there is a visible gap between info-rich and info-poor in developing world e.g. media is playing an important role in shaping the public policy and implementing the public policy in United Kingdom for continuing relationship; maintaining an influential interventionist competence and promoting the global economic liberalization (Curtis, 2003). According to Hisrich (1988) the new surge of independence, self-actualization, creativity and concern about the work environment accompanied a wave of prosperity and economic growth in manufacturing oriented nation like the United States. The attention shifted away from large corporations towards small organizations and the creation of innovative undertakings. A new spirit of entrepreneurship was born in the media as well as in academic institutions. More attention was paid to the lives and success stories of entrepreneurs, conception of adding up new academic courses in entrepreneurship (Audretsch et al., 2007) values and attitudes can be shaped by paying attention to entrepreneurs in media, (A. Lundström & L. Stevenson, 2005) supported by government and members of media it is most evident in the Taiwan, UK, USA, Canada, Australia, hosting Small Business Week, from last several years. The US government hosts Minority Enterprise Development Week; Swedish government co-sponsors annual Entrepreneurship Week with NUTEK and Swedish Foundation for small Business Research; Spanish government; “salons d’emprende”; UK proclaimed Enterprise Week, Danish government also implementing the road shows to raise awareness of entrepreneurship among students specific budget is allocated for this purpose. As Acceded by Hassan (2004) media practice and organization put in a significantly role to produce and preserve a culture. By disseminating the traditions, ideologies, symbols , values and norms, to shape the ideas that directly, feed into economic organizations and level of technological development that dominate within society. There number of programs for providing coverage to successful entrepreneurs and encouraging others to follow them and be successful for example “How I made my Millions, Techs tars TV, This week in start-ups, The Office, The apprentice, The rise to the Top, The Mixergy, Shark Tank, The Big Deal, How to make it in America” (TV USA). China entrepreneurs (iTV-Asia, 2012), the apprentice, Dragon’s Den (Startups, 2012) are famous programs in entrepreneurial nations. Pakistan is leading in Television channels, Radio Station and Print media among the factor driven economies. According to BBCPakistan (2008) Survey of Adults Media use in Pakistan Television Viewers, Male 79% female 76%, Radio Listeners, Male 37% Female 21%, Newspaper readers Male 42% Female 13%. The use of internet is low just 7% Male and 1% female are using Internet monthly. 3. Methodology This paper is exploratory study on the role of media for the entrepreneurs in factor driven economies particularly Pakistan based on the Global Entrepreneurship Monitor (GEM) data in order to provide an overview of the situation. GEM (2012) “After conducting the first GEM Global study in 1999, the Global entrepreneurship research association was initiated by the year 2004, with the mission to contribute for the global economic development through entrepreneurship. Identify the policies fruitful for appropriate level of entrepreneurship differentiating the individual attitudes among economies. As whole focusing on the ways nurture more entrepreneurs and increase the level of success”. GEM Adult survey was conducted in Pakistan by the year 2010. According Sarfaraz and Faghih (2011) there are three categories of the countries in GEM survey factor driven extractive in nature, efficiency driven, and innovation driven Pakistan is among the factor driven countries. 4. Results 97
  • 3. European Journal of Business and Management www.iiste.org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 4, No.18, 2012 By using GEM Global, report and GEM Survey of Pakistan 2010 data. We are exploring the media attention for entrepreneurship, impacts on the entrepreneurial intention. The major point of concern is as compare to size of media (Table 01) the attentions paid for entrepreneurship is far less than other economics in the group and compared to countries in the region like Bangladesh and Iran the situation is not convincing too. All other economies are comparatively, to their size of media paying more attention for entrepreneurship. Even though the other nations are having is less media intuitions than Pakistan. As mentioned (Table 01) countries like Bangladesh, and Algeria where the size of media is far less than Pakistan, but in terms of media attention there is not much difference. Pakistan is rated number seven among the Factor driven economies in terms of media attention for entrepreneurship (GEM, 2012), that is leading a lower score in Entrepreneurial intentions, and ultimately to low rate of new business ownership 1.7 (Percentage of population between the age of 18-64 has paid salaries wages and other payments from last three months but not more than 42 months ). 5. Conclusion The GEM survey in Pakistan is providing evidence that media is not pay attention to entrepreneurship. Entrepreneurship never has been focuses of planners (Sarfaraz A. Mian & Qureshi, 2010). In many countries, there are programs to give coverage to successful entrepreneurs presenting them as role models for future entrepreneurs. In Pakistan Media has no policy from the Government, for programs and coverage to entrepreneurs. The more focus on entrepreneurship will change the societal trend and involve more people in the entrepreneurial activity. There is need to have a mutual policy for paying more attention to entrepreneurship developed by stakeholders notably government and media. That can serve as a better ground for an entrepreneurial society by raising the level of entrepreneurial intentions and opportunity sensing as (Thomas, 2011) opportunity driven entrepreneurs are more prevalent, that will lead to increase the rate of new venture creation and contribute in economic development. The media is not playing its active role to enhance the entrepreneurial activity in the country. The media attention for entrepreneurship will cast new lights for developing the entrepreneurial society. References Acs, Z., & Szerb, L. (2007). Entrepreneurship, Economic Growth and Public Policy. Small business economics, 28(2), 109-122. Ajzen, I. (1991). The Theory of Planned Behavior, 179-211. Akerlof, G. A., & Kranton, R. E. (2000). Economics and identity. Quarterly Journal of Economics, 115(3), 715-753. Ali, S., Lu, W., & Wang, W. (2012). Determinants of Entrepreneurial Intentions among the College Students in: China and Pakistan. Journal of Education and Practice, 3(11), 13-21. Audretsch, D. B., Grilo, I., & Thurik, A. R. (2007). Explaining entrepreneurship and the role of policy: a framework. The handbook of research on entrepreneurship policy, 1-17. Awasthi, D. (2011). Approaches to Entrepreneurship Development: The Indian Experience. Journal of Global Entrepreneurship Research, 1(1), 107-124. Bauman, Z. (1992). Intimations of postmodernity: Psychology Press. BBCPakistan. (2008). BBC Pakistan survey of Adults Media use Retrieved from http://www.pas.org.pk/television-in-pakistan-an-overview/ Bora, A. (2012). Media as a Catalyst for Higher Education. New Media and Mass Communication, 2, 60-66. Bower GH, F. J. (Ed.). (2001). In Forgas JP (Ed.), Handbook of affect and social cognition Mood and social memory. Mahwah NJ: Erlbaum. Curtis, M. (2003). Web of deceit: Britain's real role in the world. London: Vintage. Davidsson, P. (1991). Continued Entrepreneurship: Ability, Need and Opportunity as Determinants of Small Firm Growth. Journal of Business Venturing 4, 211-226. GEM. (2012). Global Entrepreneurship Research Association Retrieved June 6, from Global Entreprepreneurship 98
  • 4. European Journal of Business and Management www.iiste.org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 4, No.18, 2012 Monitor: http://gemconsortium.org/visualizations Hang, M., & van Weezel, A. (2005). Media and entrepreneurship: a survey of the literature relating both concepts. Hassan, R. (2004). Media, politics and the network society: Open Univ Pr. Hisrich, R. D. (1988). Entrepreneurship past, present and future. Journal of Small Business Management, 26(4). iTV-Asia. (2012). China Entrpreneurs. Retrieved from http://www.itv-asia.com/program/china-entrepreneurs Jonathan Levie, Mark Hart , & Karim, M. S. (2010 ). Impact of Media on Entrepreneurial Intentions and Actions Global Entrepreneurship Monitor Krippendorff, K. (1986). A dictionary of cybernetics. Kuratko, D. F. (2004). Entrepreneurship Education in the 21st Century: From Legitimization to Leardership. Lugo-Ocando, J. E. (2008). The Media in Latin America: Nueva York. Lundström, A., & Stevenson, L. (2005). Entrepreneurship policy: Theory and practice (Vol. 9): Springer Verlag. Miller, L., & Budd, J. (1999). The development of occupational sex‐role stereotypes, occupational preferences and academic subject preferences in children at ages 8, 12 and 16. Educational Psychology, 19(1), 17-35. Norris, P. (2003). Digital divide: Civic engagement, information poverty, and the Internet worldwide (Vol. 40): Taylor & Francis. Ogbo, A., & NWACHUKWU, A. G. U. C. (2012). The Role of Entrepreneurship in Economic Development: The Nigerian Perspective. European Journal of Business and Management, 4(8), 95-105. Pacheco, C. (1998). Enterprise and Education: BA Business Administration Dissertation, Leeds Business School. Popovich P., & JP., W. (1982). The realistic job preview as a persuasive communication. Academy of Management Review,,, 7, 570-578. Roberts, E. B. (1991). Entrepreneurs in high technology: lessons from MIT and beyond: Oxford University Press. Sarfaraz A. Mian, & Qureshi, M. S. (2010). Global Entrepreneurship Monitor Pakistan Report 2010: Global Entrepreneurship Monitor. Sarfaraz, L., & Faghih, N. (2011). Women’s Entrepreneurship in Iran: A GEM Based-Data Evidence. Journal of Global Entrepreneurship Research, 1(1), 45-57. Startups. (2012). TV entrepreneurs. Retrieved June 01, 2012, from http://www.startups.co.uk/tv-entrepreneurs Tettey, W. J. (2001). The media and democratization in Africa: contributions, constraints and concerns of the private press. Media, Culture & Society, 23(1), 5-31. Thomas, H. (2011). Entrepreneurship in Hong Kong Journal of Global Entrepreneurship Research, Winter & Spring, 1(1), 73-94 99
  • 5. European Journal of Business and Management www.iiste.org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 4, No.18, 2012 Table 01 Size of The Media In Factor Driven Economies and Media Attention a Country Television Radio Print media Media Attentions for Entrepreneurial Entrepreneurship Intentions Algeria+ 14 62 95 77 41.8 Bangladesh 17 19 23 63 24.6 Guatemala+ 32 53 18 62 26.4 Iran+ 133 106 119 58 29.9 Jamaica+ 5 8 8 51 19.5 Pakistan 166** 245 383 49 22.6 Venezuela 102 143 181 48 20.2 *This data have been collected with a very precise analysis from different online sources **around 33 more are in process Acknowledgment Special thanks to China Scholarship Council. 100
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