It takes an ecosystem to reduce poverty: A call for research on inclusive business entrepreneurial ecosystems
Inclusive business (IB) is a sustainable development strategy and poverty alleviation intervention that is receiving growing scholarly and policy interest. IB entrepreneurs design innovative business models that co-create value with marginalized, low-income and disadvantaged stakeholders by integrating them into the value chains of their ventures. In creating and scaling their ventures, IB entrepreneurs require distinct contextual resources. However, IB entrepreneurial ecosystems − the interdependent actors and factors in local contexts that are coordinated to support IB entrepreneurship − have received limited attention. The purpose of this perspective piece is to facilitate research on this topic by drawing attention to IB entrepreneurial ecosystems, calling for more research on their functioning and offering a multi-level framework that can be used to study their dynamics. Read here
The entrepreneurial ecosystems (EEs) literature often overlooks rural contexts and developing economies where productive entrepreneurship is assumed to be limited in scope. To address this oversight, we explore the phenomenon of inclusive agribusiness (IAB) entrepreneurs who adopt sustainable agricultural practices to drive poverty alleviation in low‐income rural areas. Based on the comparative case method and utilizing qualitative case studies of two IAB entrepreneurs in Nigeria who partnered with low‐income smallholder farmers, we identify the mechanisms that lead to the emergence and embeddedness of IAB entrepreneurship. Our findings illustrate the pre‐existing conditions, entrepreneurial actions, and emergent outcomes of IAB entrepreneurship. We find that IAB entrepreneurship involves the complex interplay between the micro‐dynamics of entrepreneurs and the macro‐level structures of their …Read here
This dataset explains and provides a step-by-step guide to Exploratory Factor Analysis (EFA) using the Principal Component (PCA) method. An EFA is an analytical method for finding and removing outliers, simplifying the data by keeping what is important, and extracting key information from it. EFA searches for evidence or clues within data during exploratory research. In this dataset, I explain the theoretical underpinnings and the process of carrying out EFA (PCA method) on quantitative survey data from the Consultative Group to Assist the Poor (CGAP) Smallholder Household Survey…Read here
In embryonic entrepreneurial ecosystems, support policy frameworks seek to revitalize rural communities, alleviate poverty, transform key sectors of the economy and develop local businesses by increasing access to finance among others. However, policy frameworks rarely foster vertical connections across ecosystems particularly from the bottom-up. In some cases, entrepreneurial ecosystem elements do not necessarily address the peculiar needs of entrepreneurial diversity within the ecosystem. Drawing insights from smallholders, this paper seeks to examine the outlook for entrepreneurial opportunities among them and the influence of entrepreneurial ecosystem support on entrepreneurship opportunities outlook. The paper identifies the key drivers of bottom-up entrepreneurship opportunities. The study concludes that fostering bottom-up entrepreneurship among smallholders with a discovery entrepreneurship …Read here