The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
The Entrepreneurship Process in Base of the Pyramid Markets: The Case of Multinational Enterprise/Nongovernment Organization Alliances
Abstract
Although base of the pyramid markets are significant sources of entrepreneurial opportunities, the nature of entrepreneurship in these markets is not well understood. Additionally, these markets remain largely underserved by multinational enterprises (MNEs). Given theoretical and practical gaps associated with these issues, we integrate entrepreneurship, institutional, and network theories to discuss how the entrepreneurship process of MNEs is negatively affected in base of the pyramid markets. We then explain how partnerships with nongovernment organizations (NGOs) can offset such negative effects due to NGOs‘ high degree of localized knowledge, social embeddedness within multiple informal networks, and ambidexterity in dealing with diverse stakeholder groups. Both economic and social benefits can result from such partnerships.
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“What is glossed over in the analysis is that profits are still being generated in these frugal value chains, but NGOs facilitate the capture of profits by corporate partners, rather than allowing them to be absorbed by local manufacturers, wholesalers and traders within local communities.”
From Cannibalizing the Informal Economy: Frugal Innovation and Economic Inclusion in Africa (2018) · cites this paper as Webb et al. 2010
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Cites
Institutions, Institutional Change and Economic Performance
North, D. C. (1990) · doi:10.1017/cbo9780511808678 · Cited by 32,691
Managing Legitimacy: Strategic and Institutional Approaches
Suchman, M. C. (1995) · The Academy of Management Review · doi:10.2307/258788 · Cited by 19,903
Culture, leadership, and organizations: the GLOBE study of 62 societies
(2005) · Choice Reviews Online · doi:10.5860/choice.42-4132 · Cited by 5,058
Embeddedness and Immigration: Notes on the Social Determinants of Economic Action
Portes, A., & Sensenbrenner, J. (1993) · American Journal of Sociology · doi:10.1086/230191 · Cited by 3,493 · cited 1×
“With increasing embeddedness, networks become characterized by shared rules, routines, values, norms, beliefs, and supporting apparatuses that are different from those in the overarching society (Portes & Sensenbrenner, 1993; Webb et al., 2009).”
BackgroundTeegen, H., Doh, J. P., & Vachani, S. (2004) · Journal of International Business Studies · doi:10.1057/palgrave.jibs.8400112 · Cited by 682
Cited by
Building Inclusive Markets in Rural Bangladesh: How Intermediaries Work Institutional Voids
Mair, J., Martí, I., & Ventresca, M. J. (2012) · Academy of Management Journal · doi:10.5465/amj.2010.0627 · Cited by 1,207
The Influence of Formal and Informal Institutional Voids on Entrepreneurship
Webb, J. W., Khoury, T. A., & Hitt, M. A. (2020) · Entrepreneurship Theory and Practice · doi:10.1177/1042258719830310 · Cited by 411
Self-citationCapital is not enough: Innovation in developing economies
Bradley, S. W., McMullen, J. S., Artz, K., & Simiyu, E. M. (2012) · Journal of Management Studies · doi:10.1111/j.1467-6486.2012.01043.x · Cited by 375
Gualandris, J., Klassen, R. D., Vachon, S., & Kalchschmidt, M. (2015) · Journal of Operations Management · doi:10.1016/j.jom.2015.06.002 · Cited by 365
The opportunity not taken: The occupational identity of entrepreneurs in contexts of poverty
Slade Shantz, A., Kistruck, G., & Zietsma, C. (2018) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2018.02.003 · Cited by 202
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Metadata
- Authors
- Webb, J. W., Kistruck, G. M., Ireland, R. D., & Ketchen, D. J.
- Venue
- Entrepreneurship Theory and Practice
- Publisher
- SAGE Publications
- Published
- 2009-05-01
- Volume
- 34
- Issue
- 3
- Pages
- 555-581
- ISSN
- 1042-2587 (ISSN-L)
- 1540-6520
- OpenAlex
- W1972444434
- Cited by
- 430
- References
- 5
- FWCI
- 45.57
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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