Kimmitt, J and Munoz, P orcid.org/0000-0002-8843-5943 (2017) Entrepreneurship and Financial Inclusion through the Lens of Instrumental Freedoms. International Small Business Journal, 35 (7). pp. 803-828. ISSN 0266-2426
Abstract
This article investigates the interrelated nature of instrumental freedoms and how they combine to engender financial inclusion among low-income entrepreneurs. Drawing from Sen’s capabilities approach, we emphasize a need for understanding the freedoms associated with institutional arrangements and the complex causal processes that lead to financial inclusion among micro-entrepreneurs. We perform a fuzzy set qualitative comparative analysis of 19 countries in Latin America and the Caribbean. The findings indicate four causal combinations for financial inclusion. Our findings indicate that no single instrumental freedom is necessary for financial inclusion; it does not necessarily depend on the provision of microfinance and that political freedom is an important peripheral condition for inclusion. This allows us to question some of the assumptions about how microfinance operates amid a set of complex institutional instrumental freedoms.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © The Author(s) 2017. This is an author produced version of a paper published in International Small Business Journal. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | instrumental freedoms; financial inclusion; institutions; microfinance; fs/QCA |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > School of Earth and Environment (Leeds) > Sustainability Research Institute (SRI) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 27 Feb 2017 11:44 |
Last Modified: | 20 Dec 2017 09:20 |
Status: | Published |
Publisher: | SAGE Publications |
Identification Number: | 10.1177/0266242617700699 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:112872 |