Role of Microfinance in Entrepreneurship Development

2022 ◽  
pp. 27-53
Author(s):  
Neeta Baporikar

Entrepreneurship and entrepreneurship development are crucial for social and economic development. Various studies highlight and reckon this aspect of entrepreneurship development both in developed and developing economies. However, entrepreneurship development though the aim of many developing economies, the growth rate of entrepreneurs is not satisfactory. One of the prominent reasons for this is attributable to financing or lack of financing. Hence, adopting a systematic literature review method the aim of this chapter is to review critically the role of microfinance for entrepreneurship development. Further, the chapter provides solutions and recommendations for proper microfinancing to boost entrepreneurship development.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Fahmi Medias ◽  
Asmak Ab Rahman ◽  
Akhmad Akbar Susamto ◽  
Zulfikar Bagus Pambuko

Purpose This paper aims to analyze the role of waqf in the socio-economic development of the organization of the Islamic Cooperation (OIC) countries. Various projects currently use waqf as an instrument for socio-economic development, as reported in the scholarly literature. This study will investigate this literature to explore trends in waqf studies and the role of this Islamic form of endowment in the socio-economic development of OIC countries. Design/methodology/approach This systematic literature review focuses on peer-reviewed journals and data obtained from the Mendeley database using specific criteria to analyze the socio-economic developmental role of waqf in OIC countries from 2011‐2020. Findings The socio-economic developmental role of waqf in OIC countries has been widely studied. In total, 68 academic articles were found that are relevant to themes of poverty alleviation, social welfare, entrepreneurship, education, health services and religious facilities. They reveal that the role of waqf in social welfare was the most discussed topic in the research. In addition, the majority of studies used an interview method to study waqf institutions in nine OIC countries. Furthermore, the number of publications on the theme has increased significantly every year, although the largest proportion occurred in unindexed journals. Practical implications This study provides an overview of research trends in the socio-economic developmental role of waqf. Its results can provide practical input for waqf institutions as they encourage its practice in OIC countries, and for policymakers in formulating their management strategies to promote the role of waqf in the social and economic aspects of society. Originality/value This paper reviews the current development of the socio-economic role of waqf in OIC countries. It will help researchers improve their understanding of this role. It will also provide waqf managers in OIC countries with adequate information on waqf projects which they can implement to achieve socio-economic development in their countries.


Author(s):  
Nazirah Mohamad Abdullah ◽  
◽  
Shuib Rambat ◽  
Mohammad Hafiz Mohd Yatim ◽  
Abdullah Hisam Omar ◽  
...  

2021 ◽  
Vol 13 (14) ◽  
pp. 7683
Author(s):  
Amila Omazic ◽  
Bernd Markus Zunk

Public sector organizations, primarily higher education institutions (HEIs), are facing greater levels of responsibility since adopting and committing to the Agenda 2030 for Sustainable Development (SD) and its 17 Sustainable Development Goals (SDGs). HEIs are expected to provide guidance for various stakeholders on this matter, but also to implement this agenda and the SDGs in their institutions. Although the role of these organizations has been recognized, the fields and issues that HEIs should address on their path towards sustainability and SD are still unclear. To provide further clarity, a semi-systematic literature review on sustainability and SD in HEIs was conducted to identify both the key concepts and main research themes that represent sustainability and SD in HEIs and to identify research gaps. This review increases our knowledge of this topic and enhances our understanding of sustainability and SD in the context of HEIs.


2016 ◽  
Vol 10 (6) ◽  
pp. 990-1011 ◽  
Author(s):  
Judith A. Meiklejohn ◽  
Alexander Mimery ◽  
Jennifer H. Martin ◽  
Ross Bailie ◽  
Gail Garvey ◽  
...  

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