Institutional Interconnections and Cross-Boundary Cooperation in Inclusive Business: Analytical Framework ^*

Abstract

In contrast to the MDGs' top-down approach, the SDGs took the bottom-up approach of participants, creating an open space for soliciting their aspirations, efforts, creativity, and commitment. Inclusive business (IB), identified as the key means to alleviate poverty and inequality in developing countries, undeniably struggles in this space to find new ways of thinking and management to achieve a suitable balance between serving social needs and achieving business sustainability. However, multinational corporations have not yet made significant achievements, due to a biased orientation of including the poor into their system of developed countries' institutions. From a neutral position, not asking who includes or yields to whom, this research project proposes to use the concept of institutional interconnections and its various analytical factors to examine how diverse partners are interconnected to overcome institutional differences. Differences in interconnections are hypothesized to differentiate IB's socioeconomic effects and poverty alleviation.

Citation

Okada, Y., Stanislawski, S. and Amponsah, S. (2021), "Institutional Interconnections and Cross-Boundary Cooperation in Inclusive Business: Analytical Framework ^* ", Okada, Y. and Stanislawski, S. (Ed.) Institutional Interconnections and Cross-Boundary Cooperation in Inclusive Business, Emerald Publishing Limited, Leeds, pp. 9-48. https://doi.org/10.1108/978-1-80117-212-720211002