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Entrepreneurship and innovation at the base of the pyramid: a recipe for inclusive growth or social exclusion

journal contribution
posted on 2023-06-09, 19:48 authored by Jeremy Kent HallJeremy Kent Hall, Stelvia Matos, Lorn Sheehan, Bruno Silvestre
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.

History

Publication status

  • Published

Journal

Journal Of Management Studies

ISSN

0022-2380

Publisher

Wiley

Issue

4

Volume

49

Page range

785-812

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2019-12-02

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