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

Hall, Jeremy, Matos, Stelvia, Sheehan, Lorn and Silvestre, Bruno (2012) Entrepreneurship and innovation at the base of the pyramid: a recipe for inclusive growth or social exclusion. Journal Of Management Studies, 49 (4). pp. 785-812. ISSN 0022-2380

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Abstract

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.

Item Type: Article
Schools and Departments: University of Sussex Business School > SPRU - Science Policy Research Unit
Depositing User: Kirsty May
Date Deposited: 02 Dec 2019 11:33
Last Modified: 06 Dec 2019 14:07
URI: http://sro.sussex.ac.uk/id/eprint/88349
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