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Perera, Travis – Industry and Higher Education, 2007
The tsunami of 26 December 2004 killed over 35,000 people in Sri Lanka, made 400,000 jobless and damaged the economy by 6.5%. The physical damage was around U.S. $1.5 billion, with reconstruction costing $2 billion. Although entrepreneurs are opportunity seekers, take risks and thrive in uncertainty, the alignment of competency and institutional…
Descriptors: Foreign Countries, Small Businesses, Natural Disasters, Unemployment