UNTAPPED ENTREPRENEURSHIP CHALLENGES: THE MISSING LINKAGES IN SUPPORTING THE GROWTH OF GRASSROOTS ENTREPRENEURSHIP IN DEVELOPING COUNTRIES

2021 ◽  
Vol 7 (2) ◽  
pp. 47-58
Author(s):  
Aini Suzana Ariffin

Investing at the grassroots level is an essential intervention to achieve the goals that the international and national communities have set in terms of sustainable development. However, substantial performance remains the concern of the many developing countries in establishing a strong strategy on education in supporting grassroots economies. The general objective of this paper is to engage in discussion on how the country's strategy is designed to meet the intended results in supporting Sustainable Development Goals (SDGs) through entrepreneurship at the grassroots level. The specific objectives first will focus on critical analysis on the level of matching of the designed strategy and the implementation and secondly on the role of social innovations and the motivations of social entrepreneurs in supporting socioeconomic progress and employment creation. The paper outlined key issues from Malaysia and Zanzibar experiences using a qualitative approach. The findings indicate that in Zanzibar the grassroots entrepreneurs were dominated by weak education, mindset, and traditional experiences in transforming their practices using emerged innovation initiatives, there is also a weak government initiative on innovative measures and a lacks policy initiatives. While in Malaysia the grassroots entrepreneurs failed to use the existing opportunities of the STI initiative to transform themselves into global and regional opportunities. It is suggested that to realize the effective role of entrepreneurship in supporting SGD's goals in employment, quality life, and poverty reduction, there is a need for a paradigm shift to support entrepreneurship education which will support socio-economic development at all levels.

2019 ◽  
Vol 12 (1) ◽  
pp. 285
Author(s):  
Isabel Carrillo-Hidalgo ◽  
Juan Ignacio Pulido-Fernández

It is widely accepted that tourism, given the right conditions, can be an important instrument of economic growth and a means of improving the quality of life for the societies in which it is implemented, particularly in developing territories. International financial institutions are aware of the role that tourism can play in this regard and, accordingly, have included it within their strategies to further sustainable development and financial inclusion. The World Bank is one of the institutions working to foster tourism, although, interestingly, it only began working in this area very recently (2016). This paper analyses the role of the World Bank in the inclusive financing of tourism as an instrument of sustainable development and compares it with the finance allocated to another four sectors in the branch of trade and industry. To this end, using a system of indicators previously tested in the literature, it analyses a total of ninety-two projects directly related with tourism, trade, manufacture, services, and housing construction activity. The results obtained, when compared to the finance allocated to other sectors of trade and industry (to which tourism also belongs), indicate that the World Bank’s financing of tourism could sharpen its focus on financial inclusion, which would ensure greater efficiency and efficacy in the attainment of its poverty reduction and development goals.


Oryx ◽  
2004 ◽  
Vol 38 (2) ◽  
pp. 137-139 ◽  
Author(s):  
Dilys Roe ◽  
Joanna Elliott

Has biodiversity ‘all but disappeared from the global dialogue on sustainable development’ as Sanderson & Redford (2003) fear? Here we explore the poverty reduction imperative that dominates the current agendas of most international development agencies, question the absence of biodiversity conservation from this agenda, and debate the role of the United Nations Millennium Development Goals in building bridges between the two.


Author(s):  
Malak Bou Diab

Abstract Faced with provocation emerged from sustainable development, several states, and in specific organizations and other related social performers, are asking their tasks and desire to take dynamic perspective to social accountability. In doing this, they are faced with sustainable development challenges. Entrepreneurship constitutes the business efforts of an individual or group for earning profit and ensuring economic empowerment, while social entrepreneurship involves the business activities with an embedded social purpose focused on sustainability rather than immediate outcomes. Entrepreneurship is an important factor of economy. The development of social entrepreneurship needs a structural adjustment in the society. The principal paper aim is to investigate the social entrepreneurship role in improving sustainable development. Also, the paper will examine social entrepreneurship as an effective tool in resolving social problems, noting that social entrepreneurship analysis can provide a response to sustainable development challenges. The research focuses on addressing the current state of social entrepreneurship, entrepreneurship indicators, pillars of entrepreneurship development, business environment and entrepreneurial opportunity and signifying the practicality of dissimilar business models developed in social entrepreneurship. Surveys were conducted on fifty different organizations (banks and audit companies) to collect data. Also, SPSS system was used to analyze the data gathered, to study the relationship between sustainable development and social entrepreneurship. Evidence suggests that social entrepreneurship can play a significant role for poverty reduction, ensuring employment, economic prosperity, environmental justice, pollution free ecology, good governance, reduction of terrorism, guarantee of peace, corruption control etc., thus offering opportunities to fulfill sustainable development goals in Lebanon. We can conclude that social business models develop a basic spread that grant social entrepreneurs to participate actively to sustainable development.


Author(s):  
Ian Goldin

Foreign aid is any kind of official development assistance, concessionary loan, or financial grant given to developing countries mainly for the purpose of economic development or welfare provision. ‘The evolution of development aid’ describes the improved aspects of aid since the end of the Cold War with greater aid effectiveness achieved by targeting poverty reduction efforts more directly. It also outlines the eight Millennium Development Goals and the subsequent seventeen Sustainable Development Goals proposed in 2015; describes the range of development finance institutions and their response to the debt crisis; and explains the higher levels of investment in global public goods that are required to prevent global catastrophes.


Author(s):  
Paul Spicker

The position of poor countries reflects international relationships governing economic exchange, debt, and markets. No less important are the dominance of ideas from abroad, such as the Washington Consensus, and the role of international organisations in enforcing its principles. Policies have shifted from the self-direction of the Poverty Reduction Strategies towards the top-down priorities represented by the Sustainable Development Goals.


Author(s):  
Jason McFarlane ◽  
Hany Besada ◽  
Kathryn Anne Brunton ◽  
Alireza Saniei-Pour

This book concludes with some recommendations aimed at ensuring the legacy and success of the Post-2015 Development Agenda. It argues that the Post-2015 Development Agenda needs to address a new and more complex set of challenges and emphasises the importance of good governance and institution-building. In conjunction with poverty reduction, the Post-2015 Development Agenda must tackle the growing problem of youth unemployment. It also must take into account the macroeconomic vulnerabilities of developing countries and the role of technology, such as mobile phones, in intermediating global development finance. Furthermore, the Post-2015 Development Agenda must reflect a concerted effort to draw lessons from the positive and negative experiences of the Millennium Development Goals (MDG) and apply them to a variety of challenges whose prioritisation differ from country to country. Finally, policymakers need to address predicaments such as the ongoing financial and Eurozone crisis and identify trends that indicate imminent emergencies.


2018 ◽  
Vol 7 (3) ◽  
pp. 55-61
Author(s):  
Nguyen Thi Mai Hong ◽  
Vu Hong Nhung

Abstract The article presents the reality of Poverty Reduction work at Bavi commune, Bavi district, Hanoi city, Vietnam today, obtained results, difficulties, drawbacks and its causes, then, the article claims the essential role and specific strengths of social workers majoring in poverty reduction to enhance the effectiveness of poverty reduction on the basis of sustainable development goals today.


Author(s):  
Ademola A. Adenle ◽  
Marian R. Chertow ◽  
Ellen H.M. Moors ◽  
David J. Pannell

The final chapter reviews contributions from throughout this book, drawing out common themes, differences, and key lessons. Previous studies indicate the potential role of science, technology, and innovation (STI) in tackling global challenges, yet in many developing countries, little attention is paid to harnessing STI in addressing these problems. The global development agenda, including the millennium development goals (MDGs), often underemphasized the potential for STI contributions, resulting in impacts that fell short of their potential. The chapter and other evidence presented in this book illustrate how a failure to provide the institutions and resources needed to build STI capacity, and a failure of key actors to engage synergistically, can be serious impediments to development. To conclude, the chapter sets out recommendations based on the insights provided in the earlier chapters.


2020 ◽  
Vol 1 (5) ◽  
pp. 26-32
Author(s):  
N. S. FILATOV ◽  

The article is devoted to the study of the concept of the Internet governance model with the participation of stakeholders and its impact on business in regions and countries, as well as to the discussion of sustainable development goals related to Internet governance. Examples of how enterprises suffer from state management methods in this area are presented.


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