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Title  ENTREPRENEURIAL DEVELOPMENT AT THE BASE OF ECONOMIC PYRAMID TO ENSURE WELL-BEING
Author

Syed Abidur Rahman | abidur@uum.edu.my

Year 2016
Overview 

The concept of integrating business and socio-economic development has been reflected in the well contentious market-based approach BoP 1.0. However, the BoP 1.0 has been suspected as a way of exploiting poor people as they are being considered as consumer or producer. In this setback, BoP 2.0, came into existence which outlines the business model of entrepreneurship creation that treats BoP people as entrepreneurs and thus ensure the wellbeing of the BoP segment. Therefore, Dr. Syed Abidur Rahman and his team conducted a research to examine the factors that could enhance business success of the BoP entrepreneurs and subsequently analyze its impact on the subjective wellbeing of these BoP entrepreneurs. In the study, private organization support, NGO support, and Government support have considered to achieve the business success. A mixed method approach was applied with a major focus on quantitative data collection and analysis, followed by qualitative approach. The findings of this study revealed that technical and training support provided by the private organization enhance the entrepreneurial competencies‘ which is also a strong predictor for both financial and non-financial performance and play a mediating role. Finally, the attainment of financial and non-financial performance revealed to ensure the subjective wellbeing of the BoP entrepreneurs. This study will be a guideline for the private organizations who want to ensure wellbeing of poor. Government and NGOs can also take this study as a standard for making and implementing policy.

Related publications:

  1. Syed Abidur Rahman, Azlan Amran, Noor Hazlina Ahmad, & Seyedeh Khadijeh Taghizadeh (2016). Enhancing the Wellbeing of Base of the Pyramid Entrepreneurs through Business Success: The Role of Private Organizations. Social Indicators Research, 127(1), pp. 195–216 (Thomson & Reuters Impact Factor 1.38, Q1, SCOPUS, A-ranked in ABDC journal raking list).
  2. Syed Abidur Rahman, Azlan Amran, Noor Hazlina Ahmad, Seyedeh Khadijeh Taghizadeh (2015). Supporting Entrepreneurial Business Success at the Base of Pyramid through Entrepreneurial Competencies. Management Decision, 53(6), pp.1203 - 1223 (Thomson & Reuters Impact Factor 1.429, Q1, SCOPUS, ABS 2*, B-ranked in ABDC journal raking list).
  3. Syed Abidur Rahman, Noor Hazlina Ahmad, & Seyedeh Khadijeh Taghizadeh. Entrepreneurial Competencies of the BoP Entrepreneurs in Achieving Business Success: A Study on the Mom and Pop Shops in Urban cities of Bangladesh. Journal of General Management, 42 (1), 45-63. (Q3, SCOPUS Indexed, ABS 2*, B-ranked in ABDC journal ranking).

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