Inclusive business for rural development: New typology and differentiated value creation in the agri-food sector
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Inclusive business for rural development : New typology and differentiated value creation in the agri-food sector. / Weng, Xiaoxue; Schoneveld, George C.; Pokorny, Benno; Mutayoba, Geofrey; Fold, Niels; Gallagher, Emily J.; Ezekiel, Edward; van der Haar, Selma.
I: Business Strategy and Development, Bind 7, Nr. 1, e314, 2024.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Inclusive business for rural development
T2 - New typology and differentiated value creation in the agri-food sector
AU - Weng, Xiaoxue
AU - Schoneveld, George C.
AU - Pokorny, Benno
AU - Mutayoba, Geofrey
AU - Fold, Niels
AU - Gallagher, Emily J.
AU - Ezekiel, Edward
AU - van der Haar, Selma
N1 - Publisher Copyright: © 2023 The Authors. Business Strategy and Development published by ERP Environment and John Wiley & Sons Ltd.
PY - 2024
Y1 - 2024
N2 - Inclusive businesses (IBs) resonate with policymakers seeking to leverage private capital in support of poverty alleviation and sustainable development. In the agri-food sector, which represents the largest segment of the base-of-the-pyramid (BOP) market and a key source of livelihood for the rural poor, there is limited evidence on their diversity and social value creation mechanisms. This prevents practitioners from identifying impactful IB types and design features. A statistical analysis of 46 cases in Tanzania and Ghana identified four IB types: (1) self-reliant agribusinesses, (2) domestic plantation companies, (3) social enterprises, and (4) locally-embedded Small and medium-sized enterprises (SMEs). Our findings suggest that socially-driven and localized IBs hold high impact potential but require significant external support, while more self-sufficient IBs adopt less socially innovative designs. This study demonstrates the utility of a data-driven approach to capture the complexity of real-world IBs, which yielded practical insights for more effective poverty alleviation through business means.
AB - Inclusive businesses (IBs) resonate with policymakers seeking to leverage private capital in support of poverty alleviation and sustainable development. In the agri-food sector, which represents the largest segment of the base-of-the-pyramid (BOP) market and a key source of livelihood for the rural poor, there is limited evidence on their diversity and social value creation mechanisms. This prevents practitioners from identifying impactful IB types and design features. A statistical analysis of 46 cases in Tanzania and Ghana identified four IB types: (1) self-reliant agribusinesses, (2) domestic plantation companies, (3) social enterprises, and (4) locally-embedded Small and medium-sized enterprises (SMEs). Our findings suggest that socially-driven and localized IBs hold high impact potential but require significant external support, while more self-sufficient IBs adopt less socially innovative designs. This study demonstrates the utility of a data-driven approach to capture the complexity of real-world IBs, which yielded practical insights for more effective poverty alleviation through business means.
KW - agribusiness
KW - agricultural development
KW - base-of-the-pyramid (BOP)
KW - inclusive business
KW - rural development
KW - social value
KW - typology
U2 - 10.1002/bsd2.314
DO - 10.1002/bsd2.314
M3 - Journal article
AN - SCOPUS:85177817655
VL - 7
JO - Business Strategy and Development
JF - Business Strategy and Development
SN - 2572-3170
IS - 1
M1 - e314
ER -
ID: 380697278