Linking Management Theory with Poverty Alleviation Efforts Through Market Orchestration
Geoffrey M. Kistruck () and
Patrick Shulist ()
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Geoffrey M. Kistruck: York University
Patrick Shulist: Aalto University
Journal of Business Ethics, 2021, vol. 173, issue 2, No 12, 423-446
Abstract:
Abstract Top-tier management journals are advocating for greater relevance from management research to Grand Challenges such as poverty alleviation. However, many scholars struggle to identify linkages between the practical undertaking of poverty alleviation and theory development opportunities in the management literature. Responding to this call, we develop and outline a framework for theorizing from an increasingly common business-based poverty alleviation approach known as ‘market orchestration.’ Core to this framework are a set of contextual difference that contrast with the Western environment in which most management theorizing has taken place. These contextual differences—at the micro, meso, and macro levels—challenge the implicit assumptions underpinning much of the management literature. As a result, a substantial opportunity exists to identify new predictors, contingencies, explanations, and outcomes that can significantly inform theory. Equally important, by focusing on the contextual differences and the challenges they create, management scholars can provide practical guidance to organizations engaged in market orchestration efforts.
Keywords: Poverty alleviation; Market orchestration; Grand challenges (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jbuset:v:173:y:2021:i:2:d:10.1007_s10551-020-04533-1
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DOI: 10.1007/s10551-020-04533-1
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