IDEAS home Printed from https://ideas.repec.org/a/kap/jbuset/v110y2012i3p321-332.html
   My bibliography  Save this article

Poverty Alleviation through Partnerships: A Road Less Travelled for Business, Governments, and Entrepreneurs

Author

Listed:
  • Craig VanSandt
  • Mukesh Sud

Abstract

While investigating the role of business and accepting that profitable partnerships are the primary solution for poverty alleviation, we voice certain concerns that we hope will extend the authors’ discourse in Alleviating Poverty through Profitable Partnerships. We present a model that we believe can serve as an effective framework for addressing these issues. We then establish the imperative of inclusive growth. Here, we engage with the necessity of formulating strategies that focus on the pace and, importantly, the pattern of economic growth, including its social and cultural dimensions. We also deliberate on the parameters of inclusive growth with the overriding objective of ensuring that multiple strata of society share the benefits of globalization. Turning to the critical role of institutions in promoting social welfare, we explore the impact of government policy vis-à-vis the leverage enjoyed by other social institutions. Despite the reality that state and private interests often operate at cross purposes, we argue that government must still be an integral part of the solution matrix. With direction from other social institutions, entrepreneurial forces can be unleashed to tackle endemic poverty prevalent in the base of the pyramid. We then provide an in-depth case study in which the availability of telecommunications in rural areas was utilized as a means to foster development and ensure inclusive growth. The conclusion examines lessons learned while operationalizing the model, and spells out the impact of our enablers at ground level. Copyright Springer Science+Business Media B.V. 2012

Suggested Citation

  • Craig VanSandt & Mukesh Sud, 2012. "Poverty Alleviation through Partnerships: A Road Less Travelled for Business, Governments, and Entrepreneurs," Journal of Business Ethics, Springer, vol. 110(3), pages 321-332, October.
  • Handle: RePEc:kap:jbuset:v:110:y:2012:i:3:p:321-332
    DOI: 10.1007/s10551-011-1160-y
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10551-011-1160-y
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/s10551-011-1160-y?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hacker, Jacob S., 2008. "The Great Risk Shift: The New Economic Insecurity and the Decline of the American Dream," OUP Catalogue, Oxford University Press, number 9780195335347.
    2. Zoltan J. Acs & Attila Varga, 2008. "Entrepreneurship, Agglomeration and Technological Change," Chapters, in: Entrepreneurship, Growth and Public Policy, chapter 24, pages 341-352, Edward Elgar Publishing.
    3. Ianchovichina, Elena & Lundstrom, Susanna, 2009. "Inclusive growth analytics : framework and application," Policy Research Working Paper Series 4851, The World Bank.
    4. Mukesh Sud & Craig VanSandt & Amanda Baugous, 2009. "Social Entrepreneurship: The Role of Institutions," Journal of Business Ethics, Springer, vol. 85(1), pages 201-216, February.
    5. Shepard, Jon M. & Shepard, Jon & Wimbush, James C. & Stephens, Carroll U., 1995. "The Place of Ethics in Business: Shifting Paradigms?," Business Ethics Quarterly, Cambridge University Press, vol. 5(3), pages 577-601, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ivan Montiel & Alvaro Cuervo-Cazurra & Junghoon Park & Raquel Antolín-López & Bryan W. Husted, 2021. "Implementing the United Nations’ Sustainable Development Goals in international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(5), pages 999-1030, July.
    2. Sutter, Christopher & Bruton, Garry D. & Chen, Juanyi, 2019. "Entrepreneurship as a solution to extreme poverty: A review and future research directions," Journal of Business Venturing, Elsevier, vol. 34(1), pages 197-214.
    3. Ans Kolk & Miguel Rivera-Santos & Carlos Rufín, 2018. "Multinationals, international business, and poverty: A cross-disciplinary research overview and conceptual framework," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 92-115, June.
    4. Raja Usman Khalid & Stefan Seuring, 2019. "Analyzing Base-of-the-Pyramid Research from a (Sustainable) Supply Chain Perspective," Journal of Business Ethics, Springer, vol. 155(3), pages 663-686, March.
    5. Beninger, Stefanie & Francis, June N.P., 2022. "Resources for business resilience in a COVID-19 world: A community-centric approach," Business Horizons, Elsevier, vol. 65(2), pages 227-238.
    6. Kristian Alm & David S. A. Guttormsen, 2023. "Enabling the Voices of Marginalized Groups of People in Theoretical Business Ethics Research," Journal of Business Ethics, Springer, vol. 182(2), pages 303-320, January.
    7. Krzysztof Dembek & Nagaraj Sivasubramaniam & Danielle A. Chmielewski, 2020. "A Systematic Review of the Bottom/Base of the Pyramid Literature: Cumulative Evidence and Future Directions," Journal of Business Ethics, Springer, vol. 165(3), pages 365-382, September.
    8. Onyeka K. Osuji & Ugochukwu L. Obibuaku, 2016. "Rights and Corporate Social Responsibility: Competing or Complementary Approaches to Poverty Reduction and Socioeconomic Rights?," Journal of Business Ethics, Springer, vol. 136(2), pages 329-347, June.
    9. Mukesh Sud & Craig VanSandt, 2015. "Identity Rights: A Structural Void in Inclusive Growth," Journal of Business Ethics, Springer, vol. 132(3), pages 589-601, December.
    10. Aman, Sadaf & Seuring, Stefan, 2022. "Interestingly it's innovation: Reviewing sustainability performance management in the base of the pyramid (BoP)," Technovation, Elsevier, vol. 112(C).
    11. Siemieniako, Dariusz & Kubacki, Krzysztof & Mitręga, Maciej, 2021. "Inter-organisational relationships for social impact: A systematic literature review," Journal of Business Research, Elsevier, vol. 132(C), pages 453-469.
    12. Primo, Marcos André Mendes & Paiva, Ely Laureano, 2024. "Tech hub entrepreneurial training to low-income communities: Evidence from Brazil," Technological Forecasting and Social Change, Elsevier, vol. 203(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mukesh Sud & Craig VanSandt, 2011. "Of Fair Markets and Distributive Justice," Journal of Business Ethics, Springer, vol. 99(1), pages 131-142, February.
    2. Helen M. Haugh & Alka Talwar, 2016. "Linking Social Entrepreneurship and Social Change: The Mediating Role of Empowerment," Journal of Business Ethics, Springer, vol. 133(4), pages 643-658, February.
    3. Asongu, Simplice & Amavilah, Voxi & Andrés, Antonio R., 2014. "Economic Implications of Business Dynamics for KE-Associated Economic Growth and Inclusive Development in African Countries," MPRA Paper 63793, University Library of Munich, Germany.
    4. Raquel Ortega-Argilés, 2022. "The evolution of regional entrepreneurship policies: “no one size fits all”," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(3), pages 585-610, December.
    5. Robin Stevens & Nathalie Moray & Johan Bruneel, 2015. "The Social and Economic Mission of Social Enterprises: Dimensions, Measurement, Validation, and Relation," Entrepreneurship Theory and Practice, , vol. 39(5), pages 1051-1082, September.
    6. Balázs Páger, 2014. "The entrepreneurial performance of the Central and Eastern European regions," ERSA conference papers ersa14p1631, European Regional Science Association.
    7. V. A. Barinova & S. P. Zemtsov, 2020. "Inclusive Growth and Regional Sustainability of Russia," Regional Research of Russia, Springer, vol. 10(1), pages 10-19, January.
    8. Folorunsho M. Ajide & James T. Dada, 2023. "Poverty, entrepreneurship, and economic growth in Africa," Poverty & Public Policy, John Wiley & Sons, vol. 15(2), pages 199-226, June.
    9. Mesagan, Ekundayo & Adenuga , Juliet, 2020. "Effects of Oil Resource Endowment, Natural Gas and Agriculture Output: Policy Options for Inclusive Growth," BizEcons Quarterly, Strides Educational Foundation, vol. 8, pages 15-34.
    10. Kim, Younghwan & Kim, Wonjoon & Yang, Taeyong, 2012. "The effect of the triple helix system and habitat on regional entrepreneurship: Empirical evidence from the U.S," Research Policy, Elsevier, vol. 41(1), pages 154-166.
    11. Marcus Dejardin & Hélène Laurent, 2024. "Entry-regulation and corruption: grease or sand in the wheels of entrepreneurship? Fresh evidence according to entrepreneurial motives," Small Business Economics, Springer, vol. 62(3), pages 1223-1272, March.
    12. Samira Oukarfi & Maurice Baslé, 2009. "Public-sector financial incentives for business relocation and effectiveness measures based on company profile and geographic zone," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 43(2), pages 509-526, June.
    13. Nguyen Thi Thu Ha & Lam Ba Hoa, 2018. "Evaluating Entrepreneurship Performance In Vietnam Through The Global Entrepreneurship Development Index Approach," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 1-19, March.
    14. Silveli Cristo-Andrade & João J. Ferreira, 2020. "Knowledge spillovers and strategic entrepreneurship: what researches and approaches?," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 263-286, March.
    15. Joana Mendonça & Christoph Grimpe, 2016. "Skills and regional entrepreneurship capital formation: a comparison between Germany and Portugal," The Journal of Technology Transfer, Springer, vol. 41(6), pages 1440-1456, December.
    16. Simplice A. Asongu & Hillary C. Ezeaku, 2020. "Aid Grants vs. Technical Cooperation Grants: Implications for Inclusive Growth in Sub-Saharan Africa, 1984-2018," Working Papers of the African Governance and Development Institute. 20/091, African Governance and Development Institute..
    17. Dhahri, Sabrine & Slimani, Sana & Omri, Anis, 2021. "Behavioral entrepreneurship for achieving the sustainable development goals," Technological Forecasting and Social Change, Elsevier, vol. 165(C).
    18. Liang Wang & Justin Tan, 2019. "Social Structure of Regional Entrepreneurship: The Impacts of Collective Action of Incumbents on De Novo Entrants," Entrepreneurship Theory and Practice, , vol. 43(5), pages 855-879, September.
    19. Larsson, Johan P. & Wennberg, Karl & Wiklund, Johan & Wright, Mike, 2017. "Location choices of graduate entrepreneurs," Research Policy, Elsevier, vol. 46(8), pages 1490-1504.
    20. Musa Abdu & Abdullahi Buba & Abdul kareem Alhassan, 2018. "Macroeconomic Stability and Inclusive Growth in Nigeria: A Cointegration Approach," Pakistan Journal of Humanities and Social Sciences, International Research Alliance for Sustainable Development (iRASD), vol. 6(3), pages :370-389, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jbuset:v:110:y:2012:i:3:p:321-332. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.