Abstract
Erhard Berner, Georgina Gomez & Peter Knorringa: "A little less poor":
The logic of subsistence entrepreneurs. A large majority of small- and microentrepreneurs aim primarily for subsistence and security, and, consequently, follow a qualitatively different logic from that of growth-oriented entrepreneurs. By presenting the key characteristics of subsistence and growth-oriented enterprises, this article highlights their distinction. It, furthermore, brings together and illuminates
what limited evidence exists concerning the transition between subsistence and growth-oriented enterprises. Although the majority of poorer entrepreneurs follow a subsistence rationality, we argue that most development interventions use an implicit
growth-oriented logic and, therefore, fail to address the specifi c needs of small-scale
entrepreneurs. We conclude by outlining a more pragmatic policy package, one which starts from the reality that instead of being means to riches, subsistence businesses serve primarily as buffers against slipping deeper into poverty.
Original language | German |
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Pages (from-to) | 7-26 |
Number of pages | 20 |
Journal | Peripherie: Zeitschrift für Politik und Ökonomie in der Dritten Welt |
Volume | 121 |
Publication status | Published - 2011 |
Bibliographical note
isbn 9783896918277Research programs
- EUR-ISS-SGIII