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

Jie Wu*, Steven Si

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

66 Citations (Scopus)

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.

Original languageEnglish
Pages (from-to)243-259
Number of pages17
JournalAsian Business and Management
Volume17
Issue number4
Early online date27 Jun 2018
DOIs
Publication statusPublished - 30 Sept 2018

Bibliographical note

Acknowledgements: The authors would like to acknowledge the fnancial 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.

Keywords

  • China
  • Entrepreneurship
  • Motivation
  • Poverty reduction
  • Social networks
  • Sustainability

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