Linking Development, Indigenous Entrepreneurship and Tourism, with Special Reference to Barbados
Tourism had developed as the leading economic sector of many developing peripheral regions. The economic/development benefits that are derived from this economic activity are not typically widely realized in these regions. Indeed, the structure/organization of Third World tourism, based largely on a core-periphery dependency, tends to render tourism a very questionable development strategy as substantial portions of the economic benefits remain in the metropolitan core or are often repatriated. It is commonly acknowledged that entrepreneurship is a key element in the development process. Greater substantive indigenous entrepreneurship in the tourism industry is likely to bring about more widely dispersed economic benefits, as well as other development benefits such as greater self-reliance, self-confidence, and an increased sense of well-being.