By Charles Wankel (eds.)
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Extra info for Alleviating Poverty through Business Strategy
What Karnani seems to miss is the collaborative efforts that Prahalad describes in the ecosystem for wealth creation (Prahalad 2005, ch. 4). It is true that to date there are few global corporate ventures into the bottom of the pyramid. The primary lesson delineated here is that various sectors can work together in ways that are beneficial to all, including global companies. The World Cocoa Foundation (an alliance of MNCs) illustrates the evolution in thinking quite well. Members of the WCF realized they all shared an interest in the region of the globe located 20 degrees north and south of the equator since it is the most suitable climate for harvesting cocoa.
Bowie, 45–50. Upper Saddle River, NJ: Prentice Hall. Buber, Martin. 1996. I and Thou. Trans. Walter Kaurmann. New York: Simon & Schuster. , B. Craven, and K. Lawler. 2002. Social Welfare, Positivism and Business Ethics. Business Ethics: A European Review 11: 268–281. B. and J. Nasi. 1997. Understanding Stakeholder Thinking: Themes from a Finnish Conference. Business Ethics: A European Review 6: 46–51. W. M. Marcoux. 1999. Freeman and Evan: Stakeholder Theory in the Original Position. Business Ethics Quarterly 9: 207–223.
Dorado (2006) highlights that the academic literature on social entrepreneurship is still limited and that there is disagreement among scholars on what they even mean by social entrepreneurship. 2): 1) they are nonprofit organizations entering into business to finance their social service operations, 2) they can also be for-profit ventures that define their mission as having a double bottomline, and they can be 3) alliances of social entrepreneurial ventures (SEV) engaging nonprofit, for-profit and/or public organizations to solve particularly social problems.