Natural resources, sustainable entrepreneurship, and poverty reduction in resource-rich African countries - The missing link

Poverty reduction remains a burning issue globally and within the entrepreneurship discourse. This chapter reviewed the salient role sustainable entrepreneurship (SE) plays in the effort towards poverty reduction and the negative effects of underdeveloped institutions in resource-rich developing countries (RRDCs). Whilst there is extensive research about SE and the antecedents of poverty, there is a dearth of research exploring the impact resource curse hypothesis and aspects of entrepreneurial ecosystem (EE) on SE and poverty reduction, particularly in RRDCs, and the implications for socio-economic development. We found that the ease of doing business and the quality of institutions and political structure, are the two essential determinants of SE and poverty reduction in RRDCs. We develop agenda for policy and identify scope for future research.