1st Edition

Business and Development Studies Issues and Perspectives

    508 Pages 28 B/W Illustrations
    by Routledge

    508 Pages 28 B/W Illustrations
    by Routledge

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    Business and Development Studies: Issues and Perspectives provides a comprehensive collection of cutting-edge theoretical and empirical contributions to the emerging field of business and development studies.

    Compared to more traditional business-school accounts of business in developing countries which focus on the challenges and opportunities of doing business in developing countries, this anthology explores whether, how, and under what conditions business contributes to the achievement of economic, social, and environmental goals in developing countries. The book consolidates the current status of academic work on business and development, identifies state of the art in relation to this academic field, and establishes a future research agenda for ‘business and development studies’ as an emerging academic discipline within the social sciences.

    The book will be of interest to researchers and students, including economists, geographers, sociologists, political scientists, corporate social responsibility specialists, and development scholars who are seeking an in-depth overview of current debates about the role of business as a development agent in the Global South. The book is also of relevance to practitioners that are engaged in work with the private sector seeking to enhance the positive effects and minimize the negative economic, social, and environmental consequences of business activity in the Global South.

    Part 1 Introduction  1.1 Business and development studies—issues and perspectives  Part 2 Business, Governance, and Development  2.1 Governance, business, and development  2.2 State–business relations and development: toward a more complete research agenda  2.3 International business and economic development2.4 The financialization and responsibilization of development aid  Part 3 Global Value Chains, Business, and Development  3.1 Global value chains, development, and emerging economies  3.2 Corporate social responsibility in global value chains: Where are we now? Where are we going?  3.3 Critical reflections on the effectiveness of responsible business initiatives and systemic constraints for achieving a safe and just operating space for humanity  3.4 Multi-stakeholder initiatives in global value chains: Opportunities and challenges for women workers  Part 4 International Business, Corporate Social Responsibility, and Development  4.1 CSR in developing countries: Competing perspectives on businesses, their roles, and responsibilities  4.2 The state of international business, corporate social responsibility, and development: Key insights and an application to practice  4.3 Corporate social responsibility and development: The case of international business firms in emerging economies  4.4 Analysis of the MNEs’ social practices in Latin America: Implications for development studies research  4.5 Business, development, and human rights  4.6 Impacts of neoliberal wind energy investments on environmental justice and human rights in Mexico  Part 5 Local Firms, Organizations, and Development  5.1 When do businesses innovate in a developing country? An empirical investigation of determinants of innovative performance of Ugandan micro and small businesses  5.2 Microfinance programs and women’s empowerment: New evidence from rural middle hills of Nepal  5.3 Social entrepreneurship as vehicle for inclusive development: The case of Siya Sebenza in South Africa  5.4. Micro and small business clusters and local development policies: Insights from India–Italy cooperation project


    Peter Lund-Thomsen is Professor of Corporate Social Responsibility and Sustainability in the Global South at the Copenhagen Business School, Denmark. He is Associate Editor of Competition and Change and has been Associate Editor of Business Ethics: A European Review.

    Michael Wendelboe Hansen is Associate Professor at the Copenhagen Business School in Denmark. He has done extensive empirical research on Danish multinational companies and emerging markets, on outward foreign direct investment from developing countries (in particular from India), and on private-sector development.

    Adam Lindgreen is Professor of Marketing at Copenhagen Business School where he heads the Department of Marketing. He also is Extraordinary Professor with the University of Pretoria’s Gordon Institute of Business Science.

    "There is a vast academic literature on global value chains in developing countries and an equally vast literature on corporate social responsibility. However, there is painfully little research that links together the two academic fields. The book edited by Lund-Thompson, Hansen, and Lindgreen makes a welcome contribution to this neglected but important area of academic research."Peter Nolan, Chonghua Professor of Chinese Development (Emeritus), University of Cambridge, Director, China Centre, Jesus College, Cambridge, UK

    "These experienced and informed editors have brought together a rich but diverse set of chapters that look at many dimensions of business and development. The chapters reflect how the topic of development in the Global South has itself become more complex. The dimensions explore the well established such as global value chains, but extend to less well understood topics such social entrepreneuring. What is common and holds the collection together is the concern about the relationships between business and global development. For those of us who believe that we cannot understand development as simply an economic phenomenon, the chapters relate well to understanding business as socially and culturally embedded. The book brings together a range of current, up to date and relevant views, knowledge and expertise about what’s happening and how we can begin to better understand what’s going on in the South. If nothing else, the diversity of the chapters demonstrates the importance of understanding how business shapes development."Alistair R. Anderson, Distinguished Professor of Entrepreneurship, Lancaster University Management School, UK

    "The book provides a much needed contribution to fill a forgotten gap in the business management field. Even though businesses heavily impact development processes, and vice-versa, there are very few scholars in business management community who serious study the links between business and development studies. The book brings refreshing contributions and analyses of the different connections between business and development from a worldwide group of scholars."Professor Jose A. Puppim de Oliveira, Fundação Getulio Vargas (FGV) & São Paulo School of Management (EAESP), Brazil

    "In a world with increasing challenges and a rising humanitarian funding gap, there is a strong need for exploring new models, beyond classic corporate social responsibility, where companies and humanitarian/development actors create shared value and impact. Here, this important book and the broad research it captures will inspire us and move the debate forward."Christian Friis Bach, Secretary General of the Danish Refugee Council (Dansk Røde Kors), former Minister of Development Cooperation, Denmark, and former Under-Secretary General and Executive Secretary of United Nations Economic Commission for Europe

    "At the Danish investment fund IFU, we are operating in the interface between business and development on a daily basis, assisting businesses with their investments in developing countries while at the same time contributing to economic and social development. The book Business and Development Studies: Issues and Perspectives edited by Thomsen, Hansen, and Lindgreen is a highly timely exploration of the potential of private enterprise in development and it will no doubt be read with great interest by development and business practitioners working in this field".Torben Huss, CEO, IFU, Investment Fund for Developing Countries, Denmark

    "The 2015 UN Sustainable Development Goals have assigned the private sector a pivotal role towards solving some of the most pressing global development problems. In the anthology Business and Development Studies: Issues and Perspectives (edited by Peter Lund-Thomson, Michael W. Hansen, and Adam Lindgreen), a diverse group of eminent scholars and emerging academics sets out to scrutinise whether businesses can indeed contribute to inclusive and sustainable development efforts or remain part of the deeply entrenched problems of inequality, poverty and injustice in the Global South. The 19 chapters make important and novel contributions from both empirical and theoretical angles. They provide in-depth and critical analyses of the potential and trade-offs of business operations towards achieving various economic, social and ecological goals in the Global South. The editors have also developed innovative ideas for future theoretical and methodological pathways in business and development studies. This collection is a must-read for researchers, students, development practitioners and policy makers who work at the interface of global business and international development and are interested in the historical trajectories and contemporary challenges of involving the private sector in global development agendas."Andreas Neef, Professor in Development Studies, University of Auckland, New Zealand

    "The demise of both statist development strategies and extreme forms of market fundamentalism has created the space for a more nuanced view of the potential contribution and associated limitations of the private sector as an agent of development. This book is a pioneering attempt to bring together the different strands of research that address the role of business in development. It goes beyond a narrow focus on Corporate Social Responsibility and a preoccupation with the 'business case' that tends to characterize the international business literature. The contributors bring a wealth of theoretical and empirical insights from their engagement with development issues often based on extensive fieldwork in the Global South. It will be essential reading for students and others interested in the opportunities and problems that business involvement in development present."Professor Rhys Jenkins, Director MA in Globalization, Business and Sustainable Development, School of International Development, University of East Anglia, UK

    "This important collection provides a rich body of conceptual and empirical chapters that cover a breadth of issues on business and development studies. It underlines need to understand better the interactions between state, business and society in the development process, and to consider this both as a critical research agenda and a discipline in its own right." Khalid Nadvi, Professor of International Development, Global Development Institute, School of Environment, Education and Development, University of Manchester, UK

    "All in all, an engaging volume that may prove to be the foundation for a new business discipline"             --S. Paul, Elizabethtown College, CHOICE Review