In their article on Sustainable Development and Entrepreneurship, Hall et al (2010, 446) make the point that “much of the work to date in the entrepreneurship field has an implicit assumption that entrepreneurship only leads to positive outcomes for society” and question the conditions under which entrepreneurship is welfare creating rather than welfare destroying. In our chapter in the ICSB’s 2024 Annual Global Micro, Small and Medium-Sized Enterprises Report, Felicity and I address this with respect to the inequalities (SDG 10) that entrepreneurship has tended to create in “impoverished communities within developing and emerging economies” (op.cit). We provide examples of MSMEs that are addressing this issue and propose the need for a new Harmonious Entrepreneurship paradigm that does not see inequality as an inevitable consequence of entrepreneurship as Isenberg (2014) has contended.
To read our chapter and/or the whole report click on the link.
https://acrobat.adobe.com/id/urn:aaid:sc:EU:642908e5-0787-4dd8-847d-5b0a07c5ae44
Kirby, D.A., & Healey-Benson, F. (2024). The Need for a New Entrepreneurship Paradigm to Address the Issue of Inequality. In A. El Tarabishy and R. Baldegger, eds. ICSB (International Council for Small Business) Annual Global Micro-, Small and Medium-Sized Enterprises Report, June 27, 2024, pp.70-77. ISBN: 978-1-7374168-5-2.
References
Hall, J.K., Daneke, G.A., and Lenox, M.J. (2010), Sustainable development and entrepreneurship: Past contributions and future development. Journal of Business Venturing, 25, 439-448
Isenberg, D, (2014), Entrepreneurship always leads to inequality. Harvard Business Review. March 10th.
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