Despite the important role of entrepreneurship in alleviating poverty, scholars have paid little attention to the relationship between entrepreneurship and poverty in developed countries. As a result, our understanding of how entrepreneurship can contribute to poverty alleviation in these contexts remains limited, even though poverty in developed countries had been rising well before the COVID-19 pandemic. This systematic literature review aims to build a foundational understanding of this phenomenon by examining research articles that address the link between entrepreneurship and poverty in developed countries. The authors identify 51 relevant studies published between 1990 and 2020. This paper offers new insights and outlines several promising directions for future research to advance the literature on entrepreneurship and poverty.