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Business, Entrepreneurship and Innovation Toward Poverty Reduction

Author : Steven Si
Publisher : Routledge
Page : 302 pages
File Size : 24,32 MB
Release : 2021-07-26
Category : Business & Economics
ISBN : 1000425886

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Ways in which poverty can be reduced in both countries and regions through business, entrepreneurship and government has been a hot issue for researchers and policymakers in recent years. Governments can play an important role in helping the poor people by non-profit organizations and others that help to seed business among the poor. Businesses increasingly also see the large number of people in severe poverty not only as an issue for social concern, but also as a potentially large untapped market of consumers for goods and services. Some scholars have called for poverty reduction through entrepreneurship owing to the fact that it can be an efficient path to also change the poor's attitudes and behaviours from a passive mode, to a more active mode towards poverty reduction economically and socially. In addition, the sharing economy brings opportunities where everyone is a micro-entrepreneur. There is a recognition that these types of entrepreneurship above could offer the greatest single potential means to move individuals out of poverty in the nations and regions in the next 5-10 years. This book provides new and valuable analyses of poverty and business, entrepreneurship and innovation in current nations and regions including developing and developed countries. As business, entrepreneurship and innovation can help to generate greater business activity in settings of severe poverty, they will help to solve poverty, as individuals in severe poverty are able to both generate greater incomes and accumulate greater assets as they participate with large firms in those activities. The chapters in this book were originally published as a special issue of the Entrepreneurship & Regional Development.

Entrepreneurship and Sustainability

Author : Paul W. Thurman
Publisher : Routledge
Page : 236 pages
File Size : 23,59 MB
Release : 2016-04-29
Category : Business & Economics
ISBN : 1317142594

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In Entrepreneurship and Sustainability the editors and contributors challenge the notion that not-for-profit social entrepreneurship is the only sort that can lead to the alleviation of poverty. Entrepreneurship for profit is not just about the entrepreneur doing well. Entrepreneurs worldwide are leading successful for-profit ventures which contribute to poverty alleviation in their communities. With the challenge of global poverty before them, entrepreneurs continue to develop innovative, business-oriented ventures that deliver promising solutions to this complex and urgent agenda. This book explores how to bring commercial investors together with those who are best placed to reach the poorest customers. With case studies from around the World, the focus of the contributions is on the new breed of entrepreneurs who are blending a profit motive with a desire to make a difference in their communities and beyond borders. A number of the contributions here also recognize that whilst much research has been devoted to poverty alleviation in developing countries, this is only part of the story. Studies in this volume also focus upon enterprise solutions to poverty in pockets of significant deprivation in high-income countries, such as the Appalachia region of the US, in parts of Europe, and the richer Asian countries. Much has been written about the achievements of socially orientated non-profit microfinance institutions. This valuable, academically rigorous but accessible book will help academics, policy makers, and business people consider what the next generation of more commercially orientated banks for the 'bottom billion' might look like.

Make Poverty Business

Author : Craig Wilson
Publisher : Routledge
Page : 248 pages
File Size : 37,40 MB
Release : 2017-09-08
Category : Business & Economics
ISBN : 1351280465

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Poor people in developing countries could make excellent suppliers, employees and customers but are often ignored by major businesses. This omission leads to increased risk, higher costs and lower sales. Meanwhile, businesses are asked by governments and poverty activists to do more for economic development, but their exhortations are rarely based on a proper business case. Make Poverty Business bridges the gap by constructing a rigorous profit-making argument for multinational corporations to do more business with the poor. It takes economic development out of the corporate social responsibility ghetto and places it firmly in the core business interests of the corporation, and argues that to see the poor only as potential consumers at the bottom of the pyramid (BOP) misses half of the story. Make Poverty Business examines the successes, failures and missed opportunities of a wide range of global companies including Wal-Mart, BP, Unilever, Shell and HSBC when dealing with the poor and with development advocates in the media, NGOs, governments and international organisations. It includes a discussion on how to use a poverty perspective to provoke profitable innovation – not only to create new products and services but also to find new sources of competitive advantage in the supply chain and to develop more sustainable, lower-cost business models in developing countries. Make Poverty Business will be essential reading for international business managers seeking to increase profits and decrease risks in developing countries, development advocates who seek to harness the profit motive to achieve reductions in poverty, and academics looking for practical strategies on how business can implement BOP initiatives in developing countries.

Poverty and Entrepreneurship in Developed Economies

Author : Michael H. Morris
Publisher : Edward Elgar Publishing
Page : 264 pages
File Size : 25,94 MB
Release : 2018-11-30
Category : Business & Economics
ISBN : 1788111540

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While extensively explored as a solution to poverty at the base of the pyramid, this is the first in-depth examination of entrepreneurship and the poor within advanced economies. The authors explore the underlying nature of poverty and draw implications for new venture creation. Entrepreneurship is presented as a source of empowerment that represents an alternative pathway out of poverty.

Evolving Entrepreneurial Strategies for Self-Sustainability in Vulnerable American Communities

Author : Sanchez-Barrios, Luis Javier
Publisher : IGI Global
Page : 400 pages
File Size : 29,48 MB
Release : 2017-08-11
Category : Business & Economics
ISBN : 152252861X

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Entrepreneurship has significant impacts on a nation’s economic infrastructure. Discovering new ways to promote entrepreneurial growth within undervalued communities can help ensure financial growth, as well as provide a boost to the current economy. Evolving Entrepreneurial Strategies for Self-Sustainability in Vulnerable American Communities is an essential scholarly resource that identifies initiatives for entrepreneurs in underdeveloped areas to utilize. Featuring pertinent topics that include poverty reduction, informal investment, and social entrepreneurship, this reference publication is ideal for academicians, students, entrepreneurs, business owners, and researchers that are seeking innovative strategies to boost the economy and provide more jobs across the nation.

Entrepreneurship as a Route out of Poverty

Author : Tolu Olarewaju
Publisher : Springer Nature
Page : 160 pages
File Size : 29,14 MB
Release : 2023-10-27
Category : Business & Economics
ISBN : 3031383591

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This book examines how entrepreneurship can be used as a tool to escape poverty. With relevance for both SDG 1: ‘No Poverty,’ and SDG 8: ‘Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all,’ it pays special attention to women and minority ethnic groups. Offering a fresh perspective on entrepreneurship as a means of upward social mobility and rooted in research, the book explores the issue in three ways. Firstly, it pays special attention to the nexus between the entrepreneur, resources, institutions, opportunities, necessities, and the environment for drawing a comprehensive picture of how individuals could use entrepreneurship for successful upward social mobility in a changing world. Secondly, it emphasizes the peculiar challenges that female entrepreneurs face, how those challenges can be overcome, and how female entrepreneurship may be a route to women’s socio-economic advancement. Thirdly, it highlights the challenges faced by ethnic minority business owners and how such ethnic minority businesses could thrive amid institutional voids as well as direct and indirect forms of discrimination. Based on the latest research from developed and developing countries, the book offers compelling insights for sustaining entrepreneurial ventures in an evolving world.

Globalization and Poverty

Author : Ann Harrison
Publisher : University of Chicago Press
Page : 674 pages
File Size : 50,90 MB
Release : 2007-11-01
Category : Business & Economics
ISBN : 0226318001

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Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Business Solutions for the Global Poor

Author : V. Kashturi Rangan
Publisher : John Wiley & Sons
Page : 455 pages
File Size : 34,55 MB
Release : 2007-02-03
Category : Business & Economics
ISBN : 0787988545

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Based on research presented at The Harvard Business School’s first-ever conference on business approaches to poverty alleviation, Business Solutions for the Global Poor brings together perspectives from leading academics and corporate, non-profit and public sector managers. The contributors draw on practical and dynamic how-to insights from leading BOP ventures from more than twenty countries world-wide. This important volume reflects poverty’s multi-faceted nature and a broad range of actors—multinational and local businesses, entrepreneurs, civil society organizations and governments—that play a role in its alleviation.

Pathways Out of Poverty

Author : Gary S. Fields
Publisher : Springer Science & Business Media
Page : 317 pages
File Size : 24,83 MB
Release : 2013-12-01
Category : Business & Economics
ISBN : 9401000093

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Until recently, development economists tended to assume a role for private enterprises in reducing poverty, without articulating it explicitly. How private firms contribute to economic mobility and poverty reduction and what governments can do to enhance their contribution is the theme of this book. In developing countries, private enterprise is far and away the largest source of employment and investment and a significant source of government revenue. In addition to these tangible contributions, private enterprise is an important source of less tangible, but critically important, factors such as openness to ideas, innovation, and opportunity. The book presents new evidence, which demonstrates the essential role which private firms are playing in the course of economic development. Throughout, the focus is on economic mobility. Regional case studies ranging from the Far East to Sub-Saharan Africa hone in on the role of entrepreneurship in development. Drawing on the rich materials of the World Bank's Worldwide Business Environment Survey, key policy factors are identified. Special attention is paid to obstacles facing small and medium-sized enterprises. The concluding chapters focus on practical ways in which governments of developing and transition countries can encourage the capacity of poor people to move up the economic ladder.