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Toward a Theory of Marginalized Stakeholder-Centric Entrepreneurship

Venue: Online

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Birkbeck’s Responsible Business Centre is pleased to welcome Prof. Rashedur Chowdhury, University of Essex to discuss how firms can innovate together with marginalised stakeholders. 


The neglect of marginalized stakeholders is a colossal problem in both stakeholder and entrepreneurship streams of literature. To address this problem, we offer a theory of marginalized stakeholder-centric entrepreneurship. We conceptualize how firms can utilize marginalized stakeholder input actualization through which firms should process a variety of ideas, resources, and interactions with marginalized stakeholders and then filter, internalize, and, finally, realize important elements that improve a variety of related socioeconomic, ethical, racial, contextual, political, and identity issues. This input actualization process enables firms to innovate with marginalized stakeholders and develop marginalized stakeholder capabilities. To this end, firms fulfill both their moral and entrepreneurial claims to marginalized stakeholders. More details of this paper can be found online


Rashedur Chowdhury is a professor of business and management at Essex Business School, University of Essex, and a Batten Fellow at the Darden School of Business, University of Virginia. His thesis, “Reconceptualizing the Dynamics of the Relationship between Marginalized Stakeholders and Multinational Firms,” received the Society for Business Ethics Best Dissertation Award in 2014. He has been a visiting scholar at INSEAD, University College Dublin, the University of Virginia, HEC Switzerland, University of the Western Cape, Peking University, and the University of California, Irvine and Berkeley. His recent works focus on the Rana Plaza collapse and the Rohingya refugee crisis in Bangladesh.



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