Toward a Theory of Community-Based Enterprise

Academy of Management Review, Vol. 31, No. 2, pp. 309-328, 2004

50 Pages Posted: 31 Jul 2008

See all articles by Ana Maria Peredo

Ana Maria Peredo

University of Victoria

James J. Chrisman

Mississippi State University - College of Business

Date Written: August 10, 2004

Abstract

Theoretical models that separate social, political and environmental factors from the economics dimensions of entrepreneurship cannot account for the failed experiences in business development among very poor populations. In this article, we develop the concept of Community-Based Enterprise (CBE) and argue that it provides a potential strategy for sustainable local development. We maintain that in this emerging form of entrepreneurship, typically rooted in community culture, natural and social capital are integral and inseparable from economic considerations, transforming the community into an entrepreneur and an enterprise. Drawing on interdisciplinary and multilevel approaches, we propose a theoretical model of the determinants, characteristics, and consequences of CBEs.

Keywords: comunity-based enterprise, poverty, development

Suggested Citation

Peredo, Ana Maria and Chrisman, James J., Toward a Theory of Community-Based Enterprise (August 10, 2004). Academy of Management Review, Vol. 31, No. 2, pp. 309-328, 2004. Available at SSRN: https://ssrn.com/abstract=1190122

Ana Maria Peredo (Contact Author)

University of Victoria ( email )

3800 Finnerty Rd
Victoria, British Columbia V8P 5C2
Canada

James J. Chrisman

Mississippi State University - College of Business ( email )

Mississippi State, MS 39762-0964
United States

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