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Entrepreneurship for the poor in developing countries

Author

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  • Yoonyoung Cho

    (World Bank, USA, and IZA, Germany)

Abstract

Can entrepreneurship programs be successful labor market policies for the poor? A large share of workers in developing countries are self-employed in low-paying work or engage in low-return entrepreneurial activities that keep these workers in poverty. Entrepreneurship programs provide business training and access to finance, advisory, and networking services with the aim of boosting workers’ earnings and reducing poverty. Programs vary in design, which can affect their impact on outcomes. Recent studies have identified some promising approaches that are yielding positive results, such as combining training and financial support.

Suggested Citation

  • Yoonyoung Cho, 2015. "Entrepreneurship for the poor in developing countries," IZA World of Labor, Institute of Labor Economics (IZA), pages 167-167, July.
    • Handle: RePEc:iza:izawol:journl:y:2015:n:167
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    References listed on IDEAS

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    Cited by:

    1. Bhuiyan, Muhammad Faress & Ivlevs, Artjoms, 2019. "Micro-entrepreneurship and subjective well-being: Evidence from rural Bangladesh," Journal of Business Venturing, Elsevier, vol. 34(4), pages 625-645.
    2. Michael Asamani Pobbi & Eunice Antiaye, 2020. "Linking entrepreneurship education and training with students and graduates entrepreneurial intention," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(7), pages 274-288, December.
    3. Rodriguez Torres, Omar, 2021. "How different are necessity and opportunity firms? Evidence from a quantile analysis of the Colombian microenterprise sector," MERIT Working Papers 2021-019, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. Rodríguez Torres, Omar, 2022. "The productive role of social policy," MERIT Working Papers 2022-010, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    5. Cheng, Zhiming & Tani, Massimiliano & Wang, Haining, 2021. "Energy poverty and entrepreneurship," Energy Economics, Elsevier, vol. 102(C).

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    More about this item

    Keywords

    small-scale entrepreneurship; self-employment; livelihoods;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • J46 - Labor and Demographic Economics - - Particular Labor Markets - - - Informal Labor Market

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