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Introduction and Overview

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Corruption, Entrepreneurship, and Social Welfare

Part of the book series: SpringerBriefs in Entrepreneurship and Innovation ((BRIEFSENTRE))

Abstract

Globalization and the recent global recession have been a problem for people around the world, in developed and developing countries. The effects have been stronger in developing countries. Proponents of globalization argue that globalization contributes to economic growth through technological development, entrepreneurship, innovative activity, increased efficiency, and productivity. Greater trade activity has put pressure on nations to compete with each other and put downward pressure on production costs. In the process, countries with low labor costs have been better able to take and benefit from opportunity. Yet the question of individual benefit vs. collective benefit from globalization remains unanswered. To shed light on this question, this book provides a deeper look into how home country institutions and resources can contribute to inclusive growth through entrepreneurship, as well as some of the key challenges faced by the entrepreneurs. We discuss how social welfare policies have changed through development and political environment, as well as some key challenges faced by the welfare policies. We explore how corruption affects the distribution of income generated through entrepreneurial activities.

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Notes

  1. 1.

    Rostow (1960) identified five stages of development.

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Authors and Affiliations

  1. College of Business and Entrepreneurship, University of Texas Rio Grande Valley, Brownsville, TX, USA

    Farzana Chowdhury

  2. School of Public & Environmental Affairs, Indiana University, Bloomington, IN, USA

    Sameeksha Desai & David B. Audretsch

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  1. Farzana Chowdhury
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  2. Sameeksha Desai
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  3. David B. Audretsch
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Chowdhury, F., Desai, S., Audretsch, D.B. (2018). Introduction and Overview. In: Corruption, Entrepreneurship, and Social Welfare. SpringerBriefs in Entrepreneurship and Innovation. Springer, Cham. https://doi.org/10.1007/978-3-319-64916-0_1

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