The Least Developed Countries Report 2018 presents a compelling case for a structural transformation-centred approach to entrepreneurship policy in the least developed countries. The report underscores entrepreneurship policy based on a fundamental recognition of disparities in the contribution of different types of entrepreneurship to structural transformation and wealth creation. It establishes a more active and proactive stance for the State in steering the emergence of dynamic and transformational local entrepreneurship. Importantly, it calls upon the least developed countries not to overlook the pivotal and complementary role played by large enterprises, alongside medium-sized and smaller enterprises, with a view to the least developed countries formulating deliberate strategies to nurture entrepreneurship that has impact. By encouraging least developed country policymakers to avoid policies that might undervalue the benefits of entrepreneurship, this report makes an invaluable contribution to least developed country efforts to add value to their implementation of the 2030 Agenda for Sustainable Development.
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