Journal of Management Studies· 2012Q1
Entrepreneurship and Innovation at the Base of the Pyramid: A Recipe for Inclusive Growth or Social Exclusion?
- 431citations
- Q1SCImago
- 2012year
Short summary
Entrepreneurship policies in underdeveloped regions can lead to social exclusion and crime if they solely focus on economic indicators and operate within weak institutional frameworks. Policies that balance economic and social perspectives are more likely to foster productive entrepreneurial outcomes.
AI-generated from the title and abstract; the full text is not read.
Key points
- Entrepreneurship policies in BOP regions can cause social exclusion and crime when institutions are weak and policies are economically focused.
- Policies that consider both economic and social dimensions lead to more productive entrepreneurial outcomes.
- The study examines the poor as entrepreneurs, local innovation, and the social impacts of entrepreneurship policies in poor communities.
- Alert entrepreneurs in weak institutional settings can encourage destructive outcomes if policies are not balanced.
AI-generated from the title and abstract; the full text is not read.
Abstract
abstract Policy makers often see entrepreneurship as a panacea for inclusive growth in underdeveloped ‘Base of the Pyramid’ (BOP) regions, but it may also lead to unanticipated negative outcomes such as crime and social exclusion. Our objective is to improve the understanding of how entrepreneurship policies can lead to socially inclusive growth at the BOP. Drawing on data collected from Brazilian tourism destinations with varying entrepreneurship, innovation, and social inclusion policies, we argue that weak institutions coupled with alert entrepreneurs encourage destructive outcomes, especially if entrepreneurship policies are based solely on economic indicators. Policies addressing both economic and social perspectives may foster more productive entrepreneurial outcomes, albeit at a more constrained economic pace. The study extends the related BOP, entrepreneurship, global value chain, and sustainable tourism literatures by examining the poor as entrepreneurs, the role of local innovation, and how entrepreneurship policies generate different social impacts within poor communities.
The authors' abstract, as published at the source. Journal of Management Studies, 2012 · DOI ↗
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Field: Business and International Management
Business and International ManagementBusiness, Management and Accounting