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- W3045653848 abstract "Drawing upon the literature of entrepreneurship and poverty reduction, we investigate how entrepreneurs’ financial rewards vary with their economic position in the four-tier income pyramid in China (namely, the abjectly poor, the relatively poor, the middle class and the top of pyramid). We propose that neither lower nor upper tiers of the income pyramid guarantee entrepreneurial financial returns: such effects are moderated by entrepreneur type and regional marketization. Data from 4,946 individual-year observations from nine provincial regions in rural China across six data collection waves show that, whereas opportunity-based entrepreneurship is more beneficial for individuals from the upper tiers of income pyramid, necessity-based entrepreneurship works for the relatively poor. For the entrepreneurs from the top of pyramid, a highly marketized region that facilitates market signaling and resource exchange is desirable. We discuss implications for theory and future research." @default.
- W3045653848 created "2020-08-03" @default.
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- W3045653848 date "2020-08-01" @default.
- W3045653848 modified "2023-09-27" @default.
- W3045653848 title "Poverty Reduction Versus Wealth Creation: Income Pyramid and Financial Rewards of Entrepreneurship" @default.
- W3045653848 doi "https://doi.org/10.5465/ambpp.2020.17" @default.
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