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Rural Entrepreneurship: An Analysis of Current and Emerging Issues from the Sustainable Livelihood Framework

Author

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  • Alexander Tabares

    (Faculty of Economic and Administrative Sciences, Universidad de Medellin, Medellin 050026, Colombia)

  • Abraham Londoño-Pineda

    (Faculty of Economic and Administrative Sciences, Universidad de Medellin, Medellin 050026, Colombia)

  • Jose Alejandro Cano

    (Faculty of Economic and Administrative Sciences, Universidad de Medellin, Medellin 050026, Colombia)

  • Rodrigo Gómez-Montoya

    (Faculty of Administration, Politécnico Colombiano Jaime Isaza Cadavid, Medellin 050022, Colombia)

Abstract

Most entrepreneurship studies have an urban focus, and it is studied mainly from the perspective of opportunity exploitation. Rural entrepreneurship presents different characteristics, and it requires analysis from a resource-based view since this kind of entrepreneurial behavior takes place in rural communities under resource constraints. The sustainable livelihood perspective represents a relevant framework in rural entrepreneurship, considering resources and capacities to face poverty in rural areas. Therefore, this study presents a literature review to identify current and emerging issues in rural entrepreneurship from a sustainable livelihood framework. The literature review identifies that the main concepts involved in rural entrepreneurship and sustainable livelihood are women, poverty alleviation, youth, social entrepreneurship, and institutions. Likewise, social capital and human capital prevail as the most relevant capitals in the analyzed documents. The study offers research opportunities in emerging issues related to social entrepreneurship, governance and institutions, livelihood growth, and eco-entrepreneurship for extending the boundaries of rural entrepreneurship from the sustainable livelihood framework.

Suggested Citation

  • Alexander Tabares & Abraham Londoño-Pineda & Jose Alejandro Cano & Rodrigo Gómez-Montoya, 2022. "Rural Entrepreneurship: An Analysis of Current and Emerging Issues from the Sustainable Livelihood Framework," Economies, MDPI, vol. 10(6), pages 1-24, June.
    • Handle: RePEc:gam:jecomi:v:10:y:2022:i:6:p:142-:d:838712
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    References listed on IDEAS

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    1. C. A. O. Akinbami & J. E. Olawoye & F. A. Adesina & V. Nelson, 2019. "Exploring potential climate-related entrepreneurship opportunities and challenges for rural Nigerian women," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 9(1), pages 1-28, December.
    2. Daniel Baumgartner & Marco Pütz & Irmi Seidl, 2013. "What Kind of Entrepreneurship Drives Regional Development in European Non-core Regions? A Literature Review on Empirical Entrepreneurship Research," European Planning Studies, Taylor & Francis Journals, vol. 21(8), pages 1095-1127, August.
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    Cited by:

    1. Irene Daskalopoulou & Athanasia Karakitsiou & Zafeirios Thomakis, 2023. "Social Entrepreneurship and Social Capital: A Review of Impact Research," Sustainability, MDPI, vol. 15(6), pages 1-29, March.
    2. del Olmo-García, Francisco & Domínguez-Fabián, Inmaculada & Crecente-Romero, Fernando Javier & del Val-Núñez, María Teresa, 2023. "Determinant factors for the development of rural entrepreneurship," Technological Forecasting and Social Change, Elsevier, vol. 191(C).

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