Step-Change: Micro-Entrepreneurs’ Entry into the Middle-Class Market
Falylath Babah Daouda,
Paul T.M. Ingenbleek and
Hans C.M. van Trijp
Journal of African Business, 2016, vol. 17, issue 2, 129-147
Abstract:
With upcoming middle classes in Africa, micro-entrepreneurs witness new opportunities that can potentially lift them out of poverty. Exploiting these opportunities requires entrepreneurs to make a ‘step-change’ away from the bottom of the pyramid to middle-class markets. This process hosts potential conflicts between informal-sector and formal-sector stakeholders as it requires both new resources and continued access to existing resources. By taking a strategic marketing perspective, this study labels and defines the phenomenon of step-change and offers an explanatory conceptual framework for it. The article draws implications for business development, the gender debate, as well as academic research.
Date: 2016
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DOI: 10.1080/15228916.2016.1126882
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