Responsible Entrepreneurship in Developing Countries: Understanding the Realities and Complexities.
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| Title: | Responsible Entrepreneurship in Developing Countries: Understanding the Realities and Complexities. |
|---|---|
| Authors: | Azmat, Fara1 fara.azmat@deakin.edu.au, Samaratunge, Ramanie2 |
| Source: | Journal of Business Ethics. Dec2009, Vol. 90 Issue 3, p437-452. 16p. 1 Diagram, 1 Chart. |
| Subject Terms: | *Unemployment, Business ethics, Entrepreneurship, Urbanization, Poverty, Developing countries |
| Abstract: | Developing countries have recently experienced a burgeoning of small-scale individual entrepreneurs (SIEs) – who range from petty traders to personal service workers like small street vendors, barbers and owners of small shops – as a result of market-based reforms, rapid urbanisation, unemployment, landlessness and poverty. While SIEs form a major part of the informal workforce in developing countries and contribute significantly to economic growth, their potential is being undermined when they engage in irresponsible and deceptive business practices such as overpricing, sale of underweight or substandard products, or attempts to hoard goods, to name a few. Despite the growing interest in corporate social responsibility (CSR) initiatives of small businesses in developing countries, the SIEs have received almost no attention. To address this void in the literature, we explore the reasons for the less than optimal level of social responsibility demonstrated by some SIEs in developing countries. We do so by drawing upon the existing literature to develop a comprehensive framework of social responsibility of SIEs highlighting their unique characteristics and the different contextual factors that they encounter in developing countries. Based on this framework, we then present a set of propositions specifying the influence of these contextual factors such as business environment, cultural traditions, socio-economic conditions, and both international and domestic pressures on the business practices of SIEs. The framework offers an explanation for the lack of responsible entrepreneurship of SIEs and has important implications for promoting sustainable business practices in developing countries where businesses are striving hard to survive and compete. [ABSTRACT FROM AUTHOR] |
| Copyright of Journal of Business Ethics is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Education Research Complete |
| FullText | Links: – Type: pdflink Text: Availability: 0 |
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| Header | DbId: ehh DbLabel: Education Research Complete An: 47619902 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Responsible Entrepreneurship in Developing Countries: Understanding the Realities and Complexities. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Azmat%2C+Fara%22">Azmat, Fara</searchLink><relatesTo>1</relatesTo><i> fara.azmat@deakin.edu.au</i><br /><searchLink fieldCode="AR" term="%22Samaratunge%2C+Ramanie%22">Samaratunge, Ramanie</searchLink><relatesTo>2</relatesTo> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Business+Ethics%22">Journal of Business Ethics</searchLink>. Dec2009, Vol. 90 Issue 3, p437-452. 16p. 1 Diagram, 1 Chart. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22Unemployment%22">Unemployment</searchLink><br /><searchLink fieldCode="DE" term="%22Business+ethics%22">Business ethics</searchLink><br /><searchLink fieldCode="DE" term="%22Entrepreneurship%22">Entrepreneurship</searchLink><br /><searchLink fieldCode="DE" term="%22Urbanization%22">Urbanization</searchLink><br /><searchLink fieldCode="DE" term="%22Poverty%22">Poverty</searchLink><br /><searchLink fieldCode="DE" term="%22Developing+countries%22">Developing countries</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: Developing countries have recently experienced a burgeoning of small-scale individual entrepreneurs (SIEs) – who range from petty traders to personal service workers like small street vendors, barbers and owners of small shops – as a result of market-based reforms, rapid urbanisation, unemployment, landlessness and poverty. While SIEs form a major part of the informal workforce in developing countries and contribute significantly to economic growth, their potential is being undermined when they engage in irresponsible and deceptive business practices such as overpricing, sale of underweight or substandard products, or attempts to hoard goods, to name a few. Despite the growing interest in corporate social responsibility (CSR) initiatives of small businesses in developing countries, the SIEs have received almost no attention. To address this void in the literature, we explore the reasons for the less than optimal level of social responsibility demonstrated by some SIEs in developing countries. We do so by drawing upon the existing literature to develop a comprehensive framework of social responsibility of SIEs highlighting their unique characteristics and the different contextual factors that they encounter in developing countries. Based on this framework, we then present a set of propositions specifying the influence of these contextual factors such as business environment, cultural traditions, socio-economic conditions, and both international and domestic pressures on the business practices of SIEs. The framework offers an explanation for the lack of responsible entrepreneurship of SIEs and has important implications for promoting sustainable business practices in developing countries where businesses are striving hard to survive and compete. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Journal of Business Ethics is the property of Springer Nature and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=ehh&AN=47619902 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1007/s10551-009-0054-8 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 16 StartPage: 437 Subjects: – SubjectFull: Unemployment Type: general – SubjectFull: Business ethics Type: general – SubjectFull: Entrepreneurship Type: general – SubjectFull: Urbanization Type: general – SubjectFull: Poverty Type: general – SubjectFull: Developing countries Type: general Titles: – TitleFull: Responsible Entrepreneurship in Developing Countries: Understanding the Realities and Complexities. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Azmat, Fara – PersonEntity: Name: NameFull: Samaratunge, Ramanie IsPartOfRelationships: – BibEntity: Dates: – D: 15 M: 12 Text: Dec2009 Type: published Y: 2009 Identifiers: – Type: issn-print Value: 01674544 Numbering: – Type: volume Value: 90 – Type: issue Value: 3 Titles: – TitleFull: Journal of Business Ethics Type: main |
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