Abstract
The Zimbabwean economy has nose-dived since the long decade era of hyperinflation resulting in serious economic depression, extreme poverty and unemployment. Regrettably, lack of an entrepreneurial culture has become a huge obstacle to the resuscitation of the economy. Developing inclusive business models incorporating livelihood opportunities for social bottom line has long been suggested as the solution for economically distressed less developed nations facing high levels of unemployment. This study sought to explore factors that disincentivise Zimbabweans from seeking and initiating value creating business opportunities that are low income inclusive and further presents strategies to infuse an entrepreneurial investment culture. It adopts the survey design approach in collection of data. The study identifies lack of skills and knowledge, lack of access to financial markets, unfavorable business environment and regulatory system, perceived high risk and poor infrastructure as the main impediments to the integration of the poor communities in to the value chain.
Keywords
- Business Inclusion Search this journal for Business Inclusion (opens in a new tab)
- Bottom of Pyramid Search this journal for Bottom of Pyramid (opens in a new tab)
- Poverty Cycle Search this journal for Poverty Cycle (opens in a new tab)
- Value Chain Search this journal for Value Chain (opens in a new tab)
- Entrepreneurship Search this journal for Entrepreneurship (opens in a new tab)
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Keywords
- Business Inclusion Search this journal for Business Inclusion (opens in a new tab)
- Bottom of Pyramid Search this journal for Bottom of Pyramid (opens in a new tab)
- Poverty Cycle Search this journal for Poverty Cycle (opens in a new tab)
- Value Chain Search this journal for Value Chain (opens in a new tab)
- Entrepreneurship Search this journal for Entrepreneurship (opens in a new tab)
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Vol. 10 No. 1(J) (2018)
African Economies, Consumer Behaviour & Governance
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