Entrepreneurship Theory and Practice· 2013Q1
Entrepreneurial Opportunities and Poverty Alleviation
- 380citations
- Q1SCImago
- 2013year
Short summary
Self-employment opportunities, common in poverty contexts, do not lead to sustainable growth, whereas discovery and creation opportunities, though harder to exploit, offer the greatest potential for significant economic impact.
AI-generated from the title and abstract; the full text is not read.
Key points
- Entrepreneurial activity does not automatically drive economic growth, especially in poverty contexts.
- Improvements in human capital, property rights, and financial access have shown mixed results in boosting entrepreneurial activity for poverty alleviation.
- Self-employment opportunities, frequently exploited in poverty, do not foster sustainable growth solutions.
- Discovery and creation opportunities, though difficult to exploit in poverty contexts, offer the greatest potential for significant economic impact.
AI-generated from the title and abstract; the full text is not read.
Abstract
Entrepreneurial activity does not always lead to economic growth. While improvements have been made to human capital, property rights protection, and access to financial capital in abject poverty contexts with the assumption that they will increase entrepreneurial activity, the results have been mixed. More recently, many entrepreneurs interested in poverty alleviation are crossing borders to engage in initiatives aimed at reducing poverty internationally. These efforts have also had mixed results. This paper posits that one reason is that entrepreneurial opportunities and their wealth creation potential vary, and the impact of exploiting these opportunities on economic growth in poverty contexts can also vary. This paper identifies self–employment opportunities, often exploited in abject poverty, that do not lead to sustainable growth solutions. Alternatively, discovery and creation opportunities while difficult to exploit in poverty contexts hold the greatest potential for significant economic impact.
The authors' abstract, as published at the source. Entrepreneurship Theory and Practice, 2013 · DOI ↗
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Field: Business and International Management
Business and International ManagementBusiness, Management and Accounting