Rural Entrepreneurship as a Sustainable Livelihood Alternative for the Returnee Migrants: Reviewing the Potentials and Challenges
Journal of Small Business Strategy
; 33(1):20-35, 2023.
Article
in English
| ProQuest Central | ID: covidwho-2296226
ABSTRACT
During the Covid-19 pandemic, the earnings of migrant workers decreased due to joblessness and the lack of new work. Against this backdrop, this paper aims to look at the potential of rural entrepreneurship as a form of financially managing the insecurity and vulnerabilities caused by the pandemic. The literature review shows that although international migration has played a crucial role in economic growth in Bangladesh, remittance has been underutilized and not translated into investment usually. The qualitative research methodology of the paper followed the thematic analysis design method to apprehend and explain the research findings. The findings of the study indicate that despite several challenges, rural entrepreneurship can indeed be a sustainable livelihood alternative that improves the resilience of returnee migrants. The right kinds of skillsets and adequate measures to tackle the infrastructural and socio-political barriers can boost rural entrepreneurship appreciably. Other recently published research works also highlight that entrepreneurship can be an effective tool for the reintegration of returnee migrants. This paper concludes that the sustainability of rural entrepreneurship will require engaging local development organizations, forming incubation and support centers, and organizing peer support groups.
Business And Economics--Small Business; Migrant workers; Five year plans; Entrepreneurship; Sustainable development; Migration; Pandemics; Entrepreneurs; Gross Domestic Product--GDP; Literature reviews; Remittances; Manual workers; Qualitative research; Economic growth; Coronaviruses; Loans; COVID-19; Bangladesh
Full text:
Available
Collection:
Databases of international organizations
Database:
ProQuest Central
Language:
English
Journal:
Journal of Small Business Strategy
Year:
2023
Document Type:
Article
Similar
MEDLINE
...
LILACS
LIS