It is imperative to provide all entrepreneurs, especially the poorest among them, with the legal, economic and organizational instruments that increase productivity through broadening access to organizational forms that allow poor and marginalized people to govern their rights collectively by dividing labor, combining assets, and assigning responsibilities productively in their own enterprises. To divide labor productively, an organization must be able to:
- Organize all functions under one well coordinated system of control.
- Ensure all stake holders that the enterprise is a legal person with a separate bundle of assets, as well as different rights and obligations, from that of its owners.
- Have access to the legal mechanisms of asset partitioning and limited liability so as to protect interests of all parties.
- Have bylaws that clearly set out the terms under which all parties are associated.
- Define the responsibility of the administration so as to have professional management.
- Have access to standardized labor regulations that facilitate the incorporation of outside personnel.
- Encourage the acquisition and development of technology through patent protection.
- Have access to orderly succession of property to ensure family and debtor's rights.