Entrepreneurial Opportunities and Poverty in Sub-Saharan Africa: A Review &amp; Agenda for the Future

Vermeire, Jacob; Bruton, Garry D.

doi:10.4324/9781351121187-2

Cited by 2 publications

(4 citation statements)

References 1 publication

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“…Informal microentrepreneurs deliver products to markets underserved by the formal economy (Webb et al, 2020), and they may become distribution networks for MNEs (Rivera-Santos & Rufín, 2010). Vermeire and Bruton (2016) argued that poverty and entrepreneurship in sub-Saharan Africa are under-researched, even though entrepreneurship has the potential to offer local solutions that ameliorate poverty. An early study that focused on BOP entrepreneurs as drivers of innovation (Hall et al, 2012) cautioned that innovation at the BOP level does not necessarily result in positive social impacts (see also Arnould & Mohr, 2005).…”

Section: Bop Entrepreneurs and Business Modelsmentioning

confidence: 99%

“…Together they enhance microentrepreneurs’ social capital but reduce their financial capital. Our research contributes to the debates on whether MNEs’ engagement at the BOP level is beneficial to the development of informal entrepreneurship in developing countries (Vermeire & Bruton, 2016), and whether MNE engagement enhances or damages the social capital of BOP microentrepreneurs and their communities (Ansari et al, 2012).…”

mentioning

confidence: 99%

“…The African continent was initially not well represented in BOP research (Kolk et al, 2013), and more research on the developmental potential of entrepreneurship in Africa is still needed (Vermeire & Bruton, 2016). There are some studies on African entrepreneurship that investigate the impact of institutional constraints (Saka-Helmhout et al, 2020), the role of history (Decker et al, 2020), and responses to poverty and resource constraints at the BOP level (Slade-Shantz et al, 2018; Yessoufou et al, 2018).…”

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confidence: 99%

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Co-opting Business Models at the Base of the Pyramid (BOP): Microentrepreneurs and Multinational Enterprises in Ghana

Decker

Dankwah

2022

Business & Society

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In African countries such as Ghana, microentrepreneurs make formal economy goods and services available to base of the pyramid (BOP) consumers. Multinational enterprises (MNEs) co-opt BOP business models when they enter the BOP market. We conducted a case study of six MNEs and 36 microentrepreneurs in three key sectors. In two sectors (fast-moving consumer goods and telecommunications), reverse bridging enables MNEs to capture value from BOP business models, which has a negative impact on both the financial and social capital of microentrepreneurs. In the third sector (finance), microentrepreneurs are buffered from the negative effects of co-optation through a process of integrating, which enhances their social capital but reduces their financial capital. Our research contributes to the BOP literature, first by demonstrating that financial and social capital are intertwined at the BOP level, and second by analyzing how the negative effects of co-optation can be cushioned by enhancing microentrepreneurs’ social capital.

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Section: Bop Entrepreneurs and Business Modelsmentioning

confidence: 99%

mentioning

confidence: 99%

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confidence: 99%

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Co-opting Business Models at the Base of the Pyramid (BOP): Microentrepreneurs and Multinational Enterprises in Ghana

Decker

Dankwah

2022

Business & Society

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“…One of the most frequently proposed financing methods for entrepreneurs in poor regions is microlending. Nevertheless, microlending only helps entrepreneurs to make ends meet rather than help them to build new businesses (Bruton et al, 2015;Vermeire & Bruton, 2016).…”

Section: Introductionmentioning

confidence: 99%

Western ideological homogeneity in entrepreneurial finance research: Evidence from highly cited publications

Nguyễn¹,

Nguyen²,

Pham³

et al. 2020

Preprint

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Entrepreneurs play crucial roles in global sustainable development, but limited financial resources constrain their performance and survival rate. Entrepreneurial finance discipline is, therefore, born to explore the connection between finance and entrepreneurship. Despite the global presence of entrepreneurship, the literature of entrepreneurial finance is suspected to be Western ideologically homogenous. Thus, the objective of this study is to examine the existence of Western ideological homogeneity in entrepreneurial finance literature. Employing the mindsponge mechanism and bibliometric analyses (Y-index and social structure), we analyze 412 highly cited publications extracted from Web of Science database and find Western ideological dominance as well as weak tolerance towards heterogeneity in the set of core ideologies of entrepreneurial finance. These results are consistent across author-, institution-, and country-levels, which reveals strong evidence for the existence of Western ideological homogeneity in the field. We recommend editors, reviewers, and authors to have proactive actions to diversify research topics and enhancing knowledge exchange to avoid the shortfalls of ideological homogeneity. Moreover, the synthesis of mindsponge mechanism and bibliometric analyses are suggested as a possible way to evaluate the state of ideological diversity in other scientific disciplines.

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Entrepreneurial Opportunities and Poverty in Sub-Saharan Africa: A Review & Agenda for the Future

Cited by 2 publications

References 1 publication

Co-opting Business Models at the Base of the Pyramid (BOP): Microentrepreneurs and Multinational Enterprises in Ghana

Co-opting Business Models at the Base of the Pyramid (BOP): Microentrepreneurs and Multinational Enterprises in Ghana

Western ideological homogeneity in entrepreneurial finance research: Evidence from highly cited publications

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