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Impact of Innovative, Productive and Ethical Entrepreneurship in the Food Industry of Developing Economy: A Comparative Literature Review

Author

Listed:
  • Rahaman HASAN

    (University of Suffolk, Waterfront Building, 19 Neptune Quay, Ipswich IP4 1QJ, UK)

  • Dababrata CHOWDHURY

    (University of Suffolk, Waterfront Building, 19 Neptune Quay, Ipswich IP4 1QJ, UK)

  • Jay MITRA

    (University of Essex, Wivenhoe Park, Colchester CO4 3SQ, UK)

Abstract

This paper's main intention is to contribute a comparative study of entrepreneurship literature. More specifically, attention is provided to concentrate towards the entrepreneurship practices of developing economy. In analysing entrepreneurship literature for food industry the concept of food adulteration is introduced. Food adulteration is considered to be a national problem for Bangladesh (developing economy). It is considered food adulteration acts (institutions) in Bangladesh to be very old, which lowers the effectiveness of law against the situation and thus the ill-practitioners (unproductive and destructive entrepreneurs) are getting away with the crime committed. Suggestion of time to time revision of the food adulteration act considering the current situation would assist to handle the situation better, yet all the steps taken to tackle the situation has failed and food adulteration is named as 'silent killer' for the society (Daily Sun, 2012 and The Daily Star, 2012). The paper also identifies innovative, productive and ethical entrepreneurship practices can be beneficial for both social and economic development of a country; hence attempts to search for evidence to provide solution for food adulteration crisis through the same entrepreneurial approach.

Suggested Citation

  • Rahaman HASAN & Dababrata CHOWDHURY & Jay MITRA, 2017. "Impact of Innovative, Productive and Ethical Entrepreneurship in the Food Industry of Developing Economy: A Comparative Literature Review," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 4(1), pages 190-197, November.
    • Handle: RePEc:icb:wpaper:v:4:y:2017:i:1:190-197
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    References listed on IDEAS

    as
    1. Baumol, William J., 1996. "Entrepreneurship: Productive, unproductive, and destructive," Journal of Business Venturing, Elsevier, vol. 11(1), pages 3-22, January.
    2. Vartuhí Tonoyan & Robert Strohmeyer & Mohsin Habib & Manfred Perlitz, 2010. "Corruption and Entrepreneurship: How Formal and Informal Institutions Shape Small Firm Behavior in Transition and Mature Market Economies," Entrepreneurship Theory and Practice, , vol. 34(5), pages 803-832, September.
    3. Arnis Sauka, 2008. "Productive, Unproductive and Destructive Entrepreneurship: A Theoretical and Empirical Exploration," William Davidson Institute Working Papers Series wp917, William Davidson Institute at the University of Michigan.
    4. S. S. M. Sadrul Huda & Ahmed Taneem Muzaffar & Jashim Uddin Ahmed, 2008. "The Perception on Food Quality among Urban People," AIUB Bus Econ Working Paper Series AIUB-BUS-ECON-2008-17, American International University-Bangladesh (AIUB), Office of Research and Publications (ORP), revised May 2008.
    5. Chudnovsky, Daniel & Lopez, Andres & Pupato, German, 2006. "Innovation and productivity in developing countries: A study of Argentine manufacturing firms' behavior (1992-2001)," Research Policy, Elsevier, vol. 35(2), pages 266-288, March.
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    More about this item

    Keywords

    Entrepreneurship; productive entreprenruship; innovation; food adulteration; developing economy.;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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