Numerous theoretical frameworks have been used to explain factors that influence outcomes of poor families engaged in self-employment. Theories related to human capital, social capital, andfinancial assets have guided most studies. Using data from fourteen institutions promoting self-employment among the poor, and drawing on the institutional theory, this study finds that theories related to individual influences do not adequately explain all the phenomenon.Controlling for a wide range of individual characteristics, there is a statistically significant association between institutional influences and participants’ outcomes. Policy makers shouldconsider a range of institutional characteristics when designing policies and programs aimed atpromoting self-employment among poor families.
Ssewamala, F. M., & Sherraden, M. (2004). Integrating savings into microenterprise programs for the poor: Do institutions matter? (CSD Working Paper No. 04-05). St. Louis, MO: Washington University, Center for Social Development.
American Dream Policy Demonstration (ADD)
IDA, individual development account, microenterprise, savings, institutional theory, ADD, American Dream Demonstration
Ssewamala, Fred, "Integrating Savings Into Microenterprise Programs for the Poor: Do Institutions Matter?" (2004). Center for Social Development Research. 268.