Poverty and the varieties of entrepreneurship in the pursuit of prosperity
By Jonathan Kimmitt, P. Muñoz, Robert Newbery. Journal of Business Venturing, 2020
159 citations recorded by the source corpus.
Abstract In this paper, we revisit the entrepreneurship and poverty relationship under a eudaimonic perspective that brings together conversion factors, and future prosperity expectations. Based on an fsQCA of changes in life circumstances of 166 farm households in rural Kenya, we explore how different combinations of conversion factors enable distinct forms of entrepreneuring in the pursuit of prosperity. Results show that strong entrepreneurship-enabled future prosperity expectations result from three combinations of enabling conversion factors shaping up three varieties of entrepreneurial endeavors: family-frugal, individual-market, and family-inwards, which show a much more diverse and counterintuitive reality. Our research contributes to literature by revealing and theorizing on a split picture portraying the many ways in which farmers, acting as everyday entrepreneurs, exploit real opportunities in seemingly identical impoverished communities. It also reveals a central disconnect between entrepreneurship, life-satisfaction and financial improvements when assessed against expectations of future prosperity. In doing so, this paper responds to calls for a better understanding of the processes whereby entrepreneurship can distinctively improve current and future life circumstances, and the many ways in which this may happen.
Subfields: Business and International Management, Economics and Econometrics, Management of Technology and Innovation
View Paper: https://www.semanticscholar.org/paper/45fcaedb6fdb15c1e0cbb4f11af192e78beb9a0c
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Citations in the corpus
- Entrepreneurship, Self-Organization, and Eudaimonic Well-Being: A Dynamic Approach (2021, background): “However, these considerations rarely arise in the context of time- invariant views, precisely because such views do not conceive of entrepreneurship as a dynamic, eudaimonic process (Kimmitt et al., 2020).”