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Promoting Business Inclusivity for Sustainable Livelihoods among the Zimbabwean Poor

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  • Leonard Mbira
  • Mbongiseni Ncube

Abstract

The Zimbabwean economy has nose-dived since the long decade era of hyperinflation resulting in serious economic depression, extreme poverty and unemployment. Regrettably, lack of an entrepreneurial culture has become a huge obstacle to the resuscitation of the economy. Developing inclusive business models incorporating livelihood opportunities for social bottom line has long been suggested as the solution for economically distressed less developed nations facing high levels of unemployment. This study sought to explore factors that disincentivise Zimbabweans from seeking and initiating value creating business opportunities that are low income inclusive and further presents strategies to infuse an entrepreneurial investment culture. It adopts the survey design approach in collection of data. The study identifies lack of skills and knowledge, lack of access to financial markets, unfavorable business environment and regulatory system, perceived high risk and poor infrastructure as the main impediments to the integration of the poor communities in to the value chain.

Suggested Citation

  • Leonard Mbira & Mbongiseni Ncube, 2018. "Promoting Business Inclusivity for Sustainable Livelihoods among the Zimbabwean Poor," Journal of Economics and Behavioral Studies, AMH International, vol. 10(1), pages 224-233.
  • Handle: RePEc:rnd:arjebs:v:10:y:2018:i:1:p:224-233
    DOI: 10.22610/jebs.v10i1(J).2105
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    References listed on IDEAS

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    1. Minna Halme & Sara Lindeman & Paula Linna, 2012. "Innovation for Inclusive Business: Intrapreneurial Bricolage in Multinational Corporations," Journal of Management Studies, Wiley Blackwell, vol. 49(4), pages 743-784, June.
    2. Jeremy Hall & Stelvia Matos & Lorn Sheehan & Bruno Silvestre, 2012. "Entrepreneurship and Innovation at the Base of the Pyramid: A Recipe for Inclusive Growth or Social Exclusion?," Journal of Management Studies, Wiley Blackwell, vol. 49(4), pages 785-812, June.
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