POVERTY ALLEVIATION THROUGH ENTREPRENEURSHIP IN THE UNITED STATES: A FRAMEWORK FOR POLICY AND PRACTICE

Lutisha S Vickerie (), Kyle E McCullers () and Jeffrey A Robinson ()
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Lutisha S Vickerie: Department of Management and Entrepreneurship, Hofstra University, 148 Hofstra University, Hempstead, New York 11549, USA
Kyle E McCullers: Department of Strategy, University of Michigan, 701 Tappan Street, Ann Arbor, Michigan 48109, USA
Jeffrey A Robinson: Department of Management & Global Business, Rutgers University, 1 Washington Park, Newark, New Jersey 07060, USA

Journal of Developmental Entrepreneurship (JDE), 2021, vol. 26, issue 02, 1-20

Abstract: The traditional macroeconomic approach to poverty alleviation in neighborhoods and communities is to use housing development and job-creation programs to address the income and the opportunity gaps. Entrepreneurship is a much less used poverty alleviation strategy that, in our estimation, can have a significant effect in favorable policy environments. After a brief literature review, we highlight policy approaches that use entrepreneurship as a poverty alleviation strategy. We present several case studies from the United States as evidence of how public policy can empower an entrepreneurial ecosystem to support the self-employed and other low-income entrepreneurs. We conclude with a framework for how public policy can alleviate poverty through entrepreneurship that is generalizable in other contexts.

Keywords: Poverty alleviation; policy; entrepreneurship; economic development (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1142/S108494672150014X

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