Book description
Economic inequality continues to contribute to political and social instability around the world. This instability stifles development and results in widening the wealth gap between the "haves" and "have nots," further eroding stability. It has been argued that entrepreneurship is a prime contributor to this vicious cycle. Using Entrepreneurship and Social Innovation to Mitigate Wealth Inequality contends that this is only true when the opportunity for entrepreneurship is limited to a few. The authors maintain that when entrepreneurship is open to anyone who is properly motivated, innovative, and has a goal of growth for their enterprise, it helps build wealth for a greater number of people. The concept of "social entrepreneurship" is introduced, where entrepreneurship becomes a vehicle for explicitly addressing community-based economic and social challenges using markets.
The book uses examples of entrepreneurial projects and programs that have attempted to address inequality to discuss entrepreneurship as an economic development strategy and its role in addressing the challenges of economic inequality. It advocates thinking and acting systemically, creating and sustaining entrepreneurial support ecosystems, in order to generate the synergy required to scale-up development and transform our economies and provides a distinctive perspective on a pressing social and economic issue, with significant implications for the future of the United States and the world.
Table of contents
- Cover
- Title Page
- Copyright
- Acknowledgments
- About the Authors
- About the Series Editor
- Contents
- Introduction
- Chapter 1: Wealth Inequality: What Is It? Why Do We Care?
- Chapter 2: Growth and Development
- Chapter 3: The Rise of Entrepreneurship as an Economic Development Strategy
- Chapter 4: How Entrepreneurship Can Be Fostered in a Way That Mitigates Economic Inequality
-
Chapter 5: An Example from New York City: Competition THRIVE
- Background
- The Case of Competition THRIVE
- Competition THRIVE Years 1, 2, and 3
- Results
- Impact on ESOs and their Client Immigrant Entrepreneurs
- Year 1: QEDC—Home Improvement Contractor Training (HICT)—Winner
- Year 2: CAMBA—Mobilize Your Business—Winner
- Year 3: SoBRO—The United Business Cooperative (UBC)—Winner
- Observations
- Conclusion
- Chapter 6: An Example from Chicago: The West Side Business Xcelerator
- Chapter 7: An Example from Michigan: The Michigan State University Product Center Food-Ag-Bio
- Chapter 8: An Example from Poland: The Warsaw Entrepreneurship Forum
- Chapter 9: Community Entrepreneurship: The Cases of the Lumber Enterprise in Ixtlan, Mexico, and the Pubs of Rural Ireland
- Chapter 10: Social Entrepreneurship among Native Peoples of the Americas: A Model or an Exception?
- Chapter 11: Necessary but Not Sufficient: Only Systemic Approaches Transform
- Index
Product information
- Title: Using Entrepreneurship and Social Innovation to Mitigate Wealth Inequality
- Author(s):
- Release date: November 2018
- Publisher(s): De Gruyter
- ISBN: 9781547400485
You might also like
book
Social Entrepreneurship: An Evidence-Based Approach to Creating Social Value
Social entrepreneurship explained Social entrepreneurship is a hot topic in public and non-profit management. Organizations everywhere …
audiobook
The Art of Principled Entrepreneurship
Are you an entrepreneur, manager, employee, or business student seeking to lead in a people-centered way? …
book
Innovation, Entrepreneurship, and the Economy in the US, China, and India
What drives innovation and entrepreneurship in India, China, and the United States? Our data-rich and evidence-based …
book
Entrepreneurial Finance, Innovation and Development
Entrepreneurship is now unanimously considered a major engine for socio-economic development, mainly because it creates jobs …