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Business, Entrepreneurship and Innovation Toward Poverty Reduction

Business, Entrepreneurship and Innovation Toward Poverty Reduction

Hardcover

Business General

ISBN10: 1032008512
ISBN13: 9781032008516
Publisher: Routledge
Published: Jul 27 2021
Pages: 248
Weight: 1.36
Height: 0.63 Width: 6.69 Depth: 9.61
Language: English

Ways in which poverty can be reduced in both countries and regions through business, entrepreneurship and government has been a hot issue for researchers and policymakers in recent years. Governments can play an important role in helping the poor people by non-profit organizations and others that help to seed business among the poor. Businesses increasingly also see the large number of people in severe poverty not only as an issue for social concern, but also as a potentially large untapped market of consumers for goods and services. Some scholars have called for poverty reduction through entrepreneurship owing to the fact that it can be an efficient path to also change the poor's attitudes and behaviours from a passive mode, to a more active mode towards poverty reduction economically and socially. In addition, the sharing economy brings opportunities where everyone is a micro-entrepreneur. There is a recognition that these types of entrepreneurship above could offer the greatest single potential means to move individuals out of poverty in the nations and regions in the next 5-10 years.

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Business General