Expatriate Lebanese Entrepreneurship

Abstract

The Lebanese have always been great travelers and emigration played an important role in their history. It became inevitable then that entrepreneurship played a major role in shaping the life of those Lebanese residing outside their motherland, as they had to rely on new and creative ways to sustain their living. Although Lebanese entrepreneurs know how to pinpoint opportunities, they still have limited knowledge of the administrative aspects of managing a business. In other words, Lebanese entrepreneurs have the talent but lack organizational skills. Lebanon is a country where management styles are still traditional. Thus, trying to apply modern management practices can be rather difficult. New technology and product diversification are introduced informally through individual efforts of entrepreneurs.