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Necessity Entrepreneurs

Microenterprise Education and Economic Development Edited by Jeremi Brewer, CoFounder & CEO Elevate; Ballard Fellow, Brigham Young University and Stephen W. Gibson, The Academy for Creating Enterprise, US
Necessity entrepreneurs, in developing countries, are individuals 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, micro-enterprise education, and long-term economic development.
Extent: 224 pp
Hardback Price: $110.00 Web: $99.00
Publication Date: 2014
ISBN: 978 1 78195 617 5
Availability: In Stock
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  • Business and Management
  • Entrepreneurship
  • Family Business
  • Development Studies
  • Development Studies
  • Social Entrepreneurship
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.
‘This groundbreaking exploration of the concept of necessity entrepreneurship cuts to the heart of the culture wars with potential ramifications for public policy. Central to this volume is the question, “What is culture?”. The politically incorrect conclusion that some cultures are “progress”-prone, while others may be “progress”-resistant, should anoint new generations of educators to rise to this challenge. The dilemma is, how do we maintain respect for cultural diversity while at the same time, encouraging subsistent families and communities to become more self-sufficient? The answer to this question will determine, in large part, the direction of our welfare policies in the government as well as our philanthropy in the private sector.’
– Hilaire Kallendorf, Texas A&M University, US
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:

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