Seeds of Renewal: Entrepreneurship's Role in Building Post-Conflict Underdeveloped Economies (original) (raw)

The Urgency of Research and Strengthening Entrepreneurship Policies in Generating Business Models in Ex-Conflict Areas

Jurnal Public Policy

Entrepreneurship contributes a lot to the economic growth of a regional area. In former conflict areas, entrepreneurship is a mechanism to facilitate prosperity and peace. The involvement of former conflict actors in micro, small and medium enterprises (MSMEs) provided them opportunities to enjoy peace dividends and repair the order of life damaged by prolonged conflict. Even so, failure of MSMEs become a problem because it causes economic stagnation and has the opportunity to create new conflict. Therefore, this paper aims to analyze the importance of research and strengthening policies related to entrepreneurship in former conflict areas. This study was conducted in Aceh Utara District using a qualitative approach. The data collection process carried out observation, interviews, and document studies. The empirical facts were analyzed by the stage of data reduction and data categorization, data display, and conclusion. The results showed that one of the causes of failure in MSMEs d...

Entrepreneurship in Socioeconomic and Political Instability

Within the academic territory of Economic Sociology, this study explores the existence of Schumpeterian (innovative) entrepreneurs in socioeconomic and politically unstable regions of the Earth at the beginning of the 21st century. Entrepreneurship literature within Economic Sociology opens the door for this kind of exploratory ethnographic field research that may lead us to a better comprehension of the phenomenon of entrepreneurship and development in different societies. A visit to one of the most underdeveloped and politically unstable countries of the world – Haiti – in the end of 2007 served as a very straightforward method of locating key informants and exploring possible answers to the research question. Evidences show that not only is it possible to find Schumpeterian entrepreneurs under such extreme circumstances but also innovative business practices that could be employed even in materially developed and developing societies.

Entrepreneurship and Violent Conflict in Developing Countries

2013

In this working paper we provide an overview of two recent special journal issues on violent conflict and entrepreneurship. These are the special issue of the Journal of Small Business and Entrepreneurship (2011) and the special issue of the Journal of Conflict Resolution (2013), devoted to the impact of violent conflict on entrepreneurship in developing countries. In the overview we start by defining entrepreneurship and conflict, and provide a succinct summary of the existing literature. From this it is clear there is a lack of studies dealing with how violent conflict impacts at the micro-level on firms or entrepreneurs. We then assess how the papers in the two special issues address this lacuna. We find from these that violent conflict has diverse impacts on entrepreneurs, firms, their investment and production processes, and that there are many ways to overcome the legacies of fighting. In fact, the post-war peace dividend and the reconstruction of markets and economies more ge...

Microfranchises as an innovative approach for empowerment of vulnerable entrepreneurs in post-conflict Colombia

New Business Models Conference Proceedings 2023

This article discusses the potential of microfranchises as an inclusive, scalable, and sustainable business model to help vulnerable groups, such as women, ex-combatants, and indigenous people, overcome poverty and unemployment in Latin America. The authors argue that social entrepreneurship, which focuses on creating social value rather than profit, can play a meaningful role in incorporating the social component of assisting and empowering the poor. However, external and internal barriers to the scalability of business models still remain challenging. The authors suggest that more initiatives should value the bottom of the pyramid (BOP) as entrepreneurs and co-inventors, adapting to each country's conditions while generating economic, social, and environmental benefits. The paper examines microfranchises for vulnerable groups in Latin America and how microfranchises can scale to provide a higher impact on society. The authors argue that microfranchising is aligned with BOP 2.0...

Untapped Entrepreneurship Challenges: The Missing Linkages in Supporting the Growth of Grassroots Entrepreneurship in Developing Countries

Journal of Science, Technology and Innovation Policy, 2021

Investing at the grassroots level is an essential intervention to achieve the goals that the international and national commu nities have set in terms of sustainable development. However, substantial performance remains the concern of the many developing countries in establishing a strong strategy on education in supporting grassroots economies. The general objective of this pa per is to engage in discussion on how the country's strategy is designed to meet the intended results in supporting Sustainable Development Goals (SDGs) through entrepreneurship at the grassroots level. The specific objectives first will focus on criti cal analysis on the level of matching of the designed strategy and the implementation and secondly on the role of social innovations and the motivations of social entrepreneurs in supporting socioeconomic progress and employment creation. The paper outlined key issues from Malaysia and Zanzibar experiences using a qualitative approach. The findings indicate that in Zanzibar the grassroots entrepreneurs were dominated by weak education, mindset, and traditional experiences in transforming their practic es using emerged innovation initiatives, there is also a weak government initiative on innovative measures and a lacks policy initiatives. While in Malaysia the grassroots entrepreneurs failed to use the existing opportunities of the STI initiative to transform themselves into global and regional opportunities. It is suggested that to realize the effective role of entrepreneurship in supporting SGD's goals in employment, quality life, and poverty reduction, there is a need for a paradigm shift to support entrepreneurship education which will support socioeconomic development at all levels.

Entrepreneurship, poverty, and Asia: Moving beyond subsistence entrepreneurship

Asia Pacific Journal of Management, 2014

Approximately 1.7 billion people in Asia live in poverty today. To date, efforts to address poverty in Asia have largely focused on subsistence entrepreneurship rather than on creating ventures that empower them to break out of poverty. That is, the mechanisms that have been used, such as microlending, generally lead entrepreneurs to create businesses providing basic life essentials rather than helping them build businesses that generate capital to improve the entrepreneur's standard of living. This article initially reviews what we know about entrepreneurship as a solution to poverty in Asia.

Global Development Agenda Meets Local Opportunities: The Rise of Development-focused Entrepreneurship Support

Research Policy, 2023

Emerging economies provide abundant opportunities for entrepreneurship with social impact, but they often lack the resources to support it. This dilemma has led to the emergence of "development-focused entrepreneurship support" (DFES), which is typically provided by development organizations in the Global North, and which targets impact-oriented entrepreneurs operating in the Global South. This study examines, based on rich qualitative data from the U.S., Rwanda and Uganda, how international DFES organizations (iDFESOs) support entrepreneurs. We show that iDFESOs link entrepreneurship support to development goals, and thereby make entrepreneurs part of development aid chains. Towards this end, iDFESOs build three interrelated support infrastructures-or "scaffolds": individual resource channels, local ecosystem capacity, and transnational infrastructures. Findings have important implications for entrepreneurship and international development research, while also raising critical questions about new dependencies between Global North and Global South.

The Role of Entrepreneurs within a developing nation

2012

With the developing country of Zimbabwe chosen as the focus of this study due to the multiple socioeconomic challenges it faces, this dissertation seeks to establish whether the proliferation of entrepreneurs is the key to economic and social prosperity. In order to accomplish this, three research objectives are set and evaluated in turn through an extensive literary review. Findings from the review are augmented, validated and contrasted with findings from interviews held with six leading authorities within the Zimbabwean socioeconomic arena.