Institutional Synergy and Grassroots Innovation as Drivers of Inclusive Community Based Entrepreneurship in Sustainable Development Contexts
DOI:
https://doi.org/10.70062/jeci.v1i1.253Keywords:
Community Entrepreneurship, Grassroots Innovation, Inclusive Growth, Institutional Support, Sustainable DevelopmentAbstract
This study explores the synergy between institutional support and grassroots innovation in driving inclusive community based entrepreneurship (CBE) within the context of sustainable development. By examining the collaborative dynamics between local communities and institutional actors, such as government bodies, NGOs, and educational institutions, the research highlights how these collaborations foster sustainable economic growth, social inclusion, and poverty reduction. The study adopts a qualitative research design, utilizing case studies and stakeholder analysis to identify the key actors involved in CBE initiatives and assess their roles in achieving sustainable development goals (SDGs). The findings reveal that institutional support provides essential resources, such as financial assistance, technical expertise, and market access, enabling grassroots entrepreneurs to scale their initiatives. On the other hand, grassroots innovation, grounded in local knowledge and needs, ensures that the solutions implemented are both effective and sustainable in the long term. Moreover, the study highlights the importance of institutional collaboration in facilitating the diffusion of grassroots innovations, which often face challenges in scaling without adequate support. The research also underscores the long term impact of the synergy between institutions and grassroots actors on the sustainability of community based enterprises, contributing to broader goals such as poverty alleviation, economic inclusion, and environmental sustainability. Finally, the study offers recommendations for policymakers, institutions, and grassroots actors to foster collaboration and innovation to drive inclusive entrepreneurship and sustainable development. Future research directions are also suggested, focusing on the role of digital technologies in supporting institutional synergy and grassroots innovation, and exploring how emerging technologies can further enhance community based entrepreneurship models.
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