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Full Description
Necessity entrepreneurs are individuals in developing countries who start small enterprises out of necessity. While they range from street sellers to educated hopefuls with little access to formal employment, the one thing that unites them is the need to survive. This volume is the first-known compilation of theories contributed by international scholars who have worked together to establish a theory-based discourse on necessity entrepreneurship, microenterprise education and long-term economic development.
An estimated one billion individuals in both developed and developing nations can be defined as necessity entrepreneurs; individuals who have no other viable option for licit income than to start a small, income-generating activity. However, unless these 'necessity entrepreneurs' have access to meaningful education, they will never realize the powerful, economic potential to impact the economic development of their respective nations. This volume is the foundation upon which the budding discipline of necessity entrepreneurship can be built.
This book is an essential resource for policy makers, educators and academics interested in global economic development and sustainable business. Moreover, it will be an invaluable tool to those working in non-profit organizations and non-governmental organizations.
Contributors: E. Balan-Vnuk, J. Brewer, M. Coffey, J.C. Dencker, M. Dissanyake, W.G. Dyer, S.W. Gibson, M. Gruber, J. Hatch, R.D. Hisrich, C. Kearney, W.A. Lindsay, A. O'Connor
Contents
Contents:
Foreword Lawrence E. Harrison
Acknowledgements
Introduction: Stephen W. Gibson and Jeremi B. Brewer
1. Defining and Classifying Necessity Entrepreneurs: A Review of the Literature
Jeremi Brewer
2. Understanding and Helping the Necessity Entrepreneur Prosper
Stephen W. Gibson
3. Towards an Improved Understanding of Knowledge Requirements in Entrepreneurship: An Empirical Investigation of Founder and Opportunity Characteristics
Marc Gruber and John Dencker
4. Necessity Entrepreneurs: Transforming Illiterate Mothers into Businesswomen
John Hatch
5. Toward a Hybrid of Integrated Non-financial Services and Lending
Mark Coffey
6. Entrepreneurship in Developing Economies: Transformation, Barriers, and Infrastructure
Claudine Kearney and Robert D. Hisrich
7. Entrepreneurial Intentions of Nascent Entrepreneurs Motivated Out of Necessity
Wendy Lindsay
8. The Role of Family Capital in Necessity Entrepreneurship
W. Gibb Dyer
9. Policy Analysis for Entrepreneurship Education in Necessity-based Contexts: A Sri Lankan Case Study
Eva Blan-Vnuk, Manjula Dissanyake and Allan O'Connor
Conclusion Jeremi Brewer
Index