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Poverty reduction through entrepreneurship: incentives, social networks, and sustainability

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Abstract

Research on poverty reduction through entrepreneurship has often emphasized external help from government or charitable institutions. Evidence from China is used to argue that poverty reduction through entrepreneurship is an internal process which helps the poor to undertake positive actions to reduce their poverty. To conventional analyses emphasizing endogeneity and sustainability, social networks rooted in nostalgia are proposed as another determinant of the success of entrepreneurial poverty reduction initiatives. That expanded theoretical framework provides a refined and deeper understanding of how poverty reduction through entrepreneurship succeeds or fails.

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Source Adapted from Webb and Sirmon (2009)

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Acknowledgements

The authors would like to acknowledge the financial support provided by National Natural Science Foundation of China (No. 71728003), Macao Foundation (No. MF1711), and University of Macau MYRG (No. MYRG 2016-00207-FBA) for this research.

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Authors and Affiliations

  1. Faculty of Business Administration, University of Macau, Taipa, Macau

    Jie Wu

  2. Zhejiang University, Hangzhou, 310058, China

    Steven Si

  3. Bloomsburg University of Pennsylvania, Bloomsburg, USA

    Steven Si

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  1. Jie Wu
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Correspondence to Jie Wu.

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Wu, J., Si, S. Poverty reduction through entrepreneurship: incentives, social networks, and sustainability. Asian Bus Manage 17, 243–259 (2018). https://doi.org/10.1057/s41291-018-0039-5

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