Co-production in business training in microfinance institutions: a conceptual approach
Ruwan Abeysekera,
Dean Patton and
Andy Mullineux
World Review of Entrepreneurship, Management and Sustainable Development, 2017, vol. 13, issue 1, 52-68
Abstract:
Recent developments in service literature highlight the importance of co-production between the firm and the client in order to create value. This paper presents a model of co-production within the context of microfinance provision and investigates the dyadic relationship between trainers from microfinance institutions (MFIs) and the owner-managers of micro and small enterprises (MSEs). The paper develops a model that identifies the factors that facilitate co-production between trainers and owner-managers. It also goes on to examine how these factors foster the outcomes that ensue for the businesses and MFIs concerned. The model offers researchers a framework for empirical studies in the microfinance setting. Furthermore, microfinance policy makers can use this model to formulate strategies that offer numerous benefits to both MFIs and owner-managers.
Keywords: co-production; microfinance institutions; MFIs; business training; micro and small enterprises; MSEs; entrepreneurship; owner-managers; clients; trainers; developing countries; microenterprises; small firms. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ids:wremsd:v:13:y:2017:i:1:p:52-68
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