This book investigates the evolution of entrepreneurship and small business sectors within post-socialist economies, questioning the extent to which market mentalities have permeated the everyday economic reality of these nations. David Smallbone, a recognized expert in small business policy and development, utilizes a comparative framework to analyze the transition from state-controlled systems to market-oriented economies. By synthesizing economic data with social transformation trends, the author evaluates the efficacy of government reforms and the structural health of the small business sector in the region.

Experts identify this work as a significant contribution to the study of economic transition in Eastern Europe. Readers frequently note the academic rigor and the clarity with which the author connects macro-level policy changes to micro-level entrepreneurial activity.