Volume 35 Issue 1
May  2021
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TONG Ze-lin, FENG Jing-dan, PENG Si-qing. The All Factor Model of Poverty Alleviation through Entrepreneurship: Enlightenment from Model Innovation and Management[J]. Journal of Guangdong University of Finance & Economics, 2020, 35(1): 57-66.
Citation: TONG Ze-lin, FENG Jing-dan, PENG Si-qing. The All Factor Model of Poverty Alleviation through Entrepreneurship: Enlightenment from Model Innovation and Management[J]. Journal of Guangdong University of Finance & Economics, 2020, 35(1): 57-66.

The All Factor Model of Poverty Alleviation through Entrepreneurship: Enlightenment from Model Innovation and Management

  • Received Date: 2019-08-29
  • Publish Date: 2020-01-28
  • In recent years, Chinese entrepreneurs increasingly have a hand in poverty alleviation, giving full play to their entrepreneurship through innovating poverty alleviation models and their contribution to poverty alleviation. Based on the case study of poverty alleviation by Wanda Group in Danzhai County, it is found that the most effective way for entrepreneurs to participate in poverty alleviation is not simply to donate money and materials or to fund a local industry but to develop the spirit of risk-taking, innovation and enterprising. Specifically, entrepreneurs should invest funds, technology, professional teams and other needed resources, control the progress of poverty alleviation project, and pursue the sustainability of poverty alleviation. As a result, the poor people can be lifted out of poverty in economy, spirit, behavior, society and culture. This poverty alleviation method can be named as Poverty Alleviation through Entrepreneurship. This model takes into account the short, medium and long term effects of poverty alleviation, and inspires the poor people to actively participate in poverty alleviation projects to get out of poverty sustainably and successfully.
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