Management Practice Insights
DOI: 10.59571/mpi.v3i1.1
Year: 2025, Volume: 3, Issue: 1, Pages: 1-6
Original Article
Disha Bhanot 1, Sheila Roy 2
1 Professor, Operations Supply Chain Management & Quantitative Methods Department at SPJIMR.
2 Professor with Operations Supply Chain Management & Quantitative Methods department at SPJIMR.
Correspondance
[email protected]
[email protected]
Received Date:27 November 2023, Accepted Date:07 February 2025, Published Date:31 March 2025
Problem of Practice:
One way companies in developing economies can fulfil their corporate social responsibility (CSR) is through supporting and strengthening ‘necessity entrepreneurs’— people pushed into self-employment due to lack of job opportunities. A deeper understanding of the entrepreneurial processes followed by necessity entrepreneurs can help CSR leaders shape initiatives that will impact social development. Two studies – one by John C. Dencker, Sophie Bacq, Marc Gruber and Melvin Haas, and another by Christiana Weber, Anja Fasse, Helen M. Haugh and Ulrike Grote – provide a framework for CSR leaders to help structure institutional support for different types of necessity entrepreneurs 1,2
1 John C. Dencker et al., “Reconceptualizing Necessity Entrepreneurship: A Contextualized Framework of Entrepreneurial Processes Under the Condition of Basic Needs,” Academy of Management Review 46, no. 1 (January 2021): 60–79, https://doi.org/10.5465/amr.2017.0471
2 Christiana Weber et al., “Varieties of Necessity Entrepreneurship – New Insights From Sub Saharan Africa,” Entrepreneurship Theory and Practice 47, no. 5 (September 1, 2023): 1843–76, https://doi.org/10.1177/10422587221111737
3 Helena Vieira, “The Invisible Entrepreneur: From Unemployment to Unstable Self-Employment,” LSE Business Review (blog), March 7, 2018, https://blogs.lse.ac.uk/businessreview/2018/03/07/the-invisible-entrepreneur-from-unemployment-to-unstable-self-employment
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5 Hency Thacker, “Top 50 Companies for CSR and Sustainability in 2023,” The CSR Journal (blog), May 3, 2024, https://thecsrjournal.in/top-companies-india-csr-sustainability-2023/
6 MICHAEL BLOWFIELD, JEDRZEJ GEORGE FRYNAS, “Editorial Setting New Agendas: Critical Perspectives on Corporate Social Responsibility in the Developing World,” International Affairs 81,no. 3 (2005): 499–513, https://doi.org/10.1111/j.1468-2346.2005.00465.x
7 Michael E. Porter and Mark R. Kramer, “Strategy and Society: The Link Between Competitive Advantage and Corporate Social Responsibility,” December 2006, https://hbr.org/2006/12/strategy-and-society-the-linkbetween-competitive-advantage-and-corporate-socialresponsibility
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9 Helena Vieira, “The Invisible Entrepreneur.”
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16 Alexandra Nemeth, “The Future of CSR: Inside Microsoft's MySkills4Afrika Program,” May 13, 2021, https://blog.movingworlds.org/future-of-csr-microsoftmyskills4afrika/, https://blog.movingworlds.org/future-of-csrmicrosoft-myskills4afrika
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19 Christiana Weber et al., “Varieties of Necessity Entrepreneurship – New Insights From Sub Saharan Africa.”
20 “Mapping the Journey of 'Suta,'” The Telegraph, July 13, 2021, https://www.telegraphindia.com/culture/style/mapping-thejourney-of-suta/cid/1822214
21 Sheila Roy and Renuka Kamath, “Born on the Internet, How Should Suta Grow?,” Emerald Emerging Markets Case Studies 10, no. 1 (637136928000000000): 1–19, https://doi.org/10.1108/eemcs-05-2019-0105.
© 2025 Published by SPJIMR. This is an open-access article under the CC BY license (https://creativecommons.org/licenses/by/4.0/)
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