Asian Journal of Research in Business Economics and Management

The paper focus on five aspects related to the Entrepreneurship. First aspect tries to identify factors that lead to successful or unsuccessful entrepreneurs, second aspect compares different continent's understanding of windows of opportunity, third aspect tries to identify the number of formal start-up that came up during 2012–2015 in four continents America, Asia, Europe and Africa., fourth aspect focuses to find process of feasibility report preparation of MSMEs in the different continents, and lastly the fifth aspect compares government intervention for MSMEs support, and their approaches to protectionism. Using MSMEs in four continents.i.e. America, Asia, Europe and Africa as the main subject, this study selected professionals working with MSMEs in these four continents as the research sample. Data has been collected through interviews, questionnaire and secondary source. This study confirms the six factors responsible for successful entrepreneur are: Idea/thought and Market need; Product/service or technology; Passion for the Business; Resources/much more human Resources; Tenacity/commitment to the business; Government contribution. The study also confirms that America and Asia has better windows of opportunity followed by Europe than Africa. Lastly this study compares the government support in context to Management and financial among the four continents and confirms that management support is best in Asia and the financial support is best in America. The sharing of this knowledge can be quiet useful for the entrepreneurs as well as for the government to frame policies for healthy growth of MSMEs.