ABSTRACT

Entrepreneurship in Small Island States and Territories is the first publication to consider the ‘creative’ side of enterprise in small island states and territories. Rather than playing out as remote, vulnerable and dependent backwaters of neo-colonialism, the world’s small island states and territories (with resident populations of less than 1 million) show considerable resourcefulness in facing up to the very real challenges of their predicament.

The creative endeavours of their residents, facilitated by adroit public policy, has created economic and investment opportunities that translate into some private sector employment and decent livelihoods for many. Their ingenuity, coupled with strategic investments and the support of the diaspora, has led to a suite of (sometimes unlikely) products and services: from citizenship and higher-level internet domain names, to place-branded foods and beverages; from electronic gaming to niche manufacturing.

There is much more to small island survival than subsistence farming, aid, remittances and public sector workfare. Entrepreneurship in Small Island States and Territories helps to dispel this myth, showcasing an aspect of life in small island states and territories that is rarely documented or critically reviewed.

part |2 pages

PART 1 General Considerations

chapter 2|17 pages

Dark Entrepreneurship in Small Island States and Territories

ByILAN KELMAN, CHENEY M. SHREVE

chapter 4|16 pages

Pathways to Successful Entrepreneurship in Small Island Economies: The Case of Åland

ByKATARINA FELLMAN, JOUKO KINNUNEN, BJARNE LINDSTRÖM

part |2 pages

PART 2 Niche Natural Products and Manufacturing

chapter 6|16 pages

Entrepreneurs in Aquaculture: A Case Study from the Faroes

ByGESTUR HOVGAARD

chapter 7|22 pages

Biosciences and BioVectra on Prince Edward Island, Canada

ByJAMES E. RANDALL

part |2 pages

PART 3 Tourism Segments

chapter 11|17 pages

Visiting Guam or Guahan? The Colonial Context and Cultural Decolonization of an Island’s Tourism Industry

ByMICHAEL LUJAN BEVACQUA AND HERMON FARAHI

chapter 12|18 pages

Medical Tourism in Barbados: Negotiating Inherent Tensions

ByKRYSTYNA ADAMS, REBECCA WHITMORE, RORY JOHNSTON

chapter 13|15 pages

Casino Tourism: How Does Entrepreneurship Change Macao?

ByIPKIN ANTHONY WONG AND RICARDO CHI SEN SIU

part |2 pages

PART 4 Other Intangibles

chapter 14|16 pages

Software and Electronic Gaming Industries in Malta

ByMARIO ALOISIO

chapter 15|17 pages

Jersey, a Small Island International Finance Center: Adapting to Survive

ByMICHAEL ENTWISTLE, MICHAEL J. OLIVER

chapter 16|15 pages

Tuvalu: Entrepreneurship and the Dot TV Phenomenon

ByGODFREY BALDACCHINO, COLIN S. MELLOR

part |2 pages

PART 5 Island Entrepreneurship: A Personal Testimony

part |2 pages

PART 6 Epilogue

chapter 18|6 pages

Conclusion: A New Paradigm

ByLÉO-PAUL DANA