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Bloom where planted: Entrepreneurial catalyzers amidst weak institutions

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  • Moulick, Abhisekh Ghosh
  • Pidduck, Robert J.
  • Busenitz, Lowell W.

Abstract

Aggregated country-level statistics and regulatory aspects of institutions alone fail to explain the increasing emergence of promising ventures in developing contexts. We argue institutions have multiple dimensions and draw attention to the often overlooked heterogeneities within these institutional dimensions in developing nations. Using data from developed, emerging, and base of pyramid economies we show evidence of unequal endowments across regulatory, cognitive, and normative institutional dimensions. Drawing on exemplar ventures we then illustrate that some founders develop workarounds by compensating for the weaker institutional dimension/s. Thus, rather than waiting for weak institutions to be fixed, entrepreneurial catalyzers go forward by harnessing their weak institutional context, countering a common narrative in development research.

Suggested Citation

  • Moulick, Abhisekh Ghosh & Pidduck, Robert J. & Busenitz, Lowell W., 2019. "Bloom where planted: Entrepreneurial catalyzers amidst weak institutions," Journal of Business Venturing Insights, Elsevier, vol. 11(C), pages 1-1.
    • Handle: RePEc:eee:jobuve:v:11:y:2019:i:c:9
    DOI: 10.1016/j.jbvi.2019.e00127
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    Citations

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    Cited by:

    1. Sunny Li Sun & Weilei (Stone) Shi & David Ahlstrom & Li (Rachel) Tian, 2020. "Understanding institutions and entrepreneurship: The microfoundations lens and emerging economies," Asia Pacific Journal of Management, Springer, vol. 37(4), pages 957-979, December.
    2. Maria Bastida & Ana Olveira & Miguel Ángel Vázquez Taín, 2023. "Are cooperatives gender sensitive? A confirmatory and predictive analysis of women's collective entrepreneurship," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(4), pages 1035-1059, December.
    3. Glavas, Charmaine & Mortimer, Gary & Ding, Han & Grimmer, Louise & Vorobjovas-Pinta, Oscar & Grimmer, Martin, 2023. "How entrepreneurial behaviors manifest in non-traditional, heterodox contexts: Exploration of the Daigou phenomenon," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    4. Shah, Muhammad Hashim & Xiao, Zuoping & Abdullah, & Quresh, Shakir & Ahmad, Mushtaq, 2020. "Internal pyramid structure, contract enforcement, minority investor protection, and firms’ performance: Evidence from emerging economies," Research in International Business and Finance, Elsevier, vol. 52(C).
    5. Antolín-López, Raquel & Jerez-Gómez, Pilar & Rengel-Rojas, Susana B., 2022. "Uncovering local communities’ motivational factors to partner with a nonprofit for social impact: A mixed-methods approach," Journal of Business Research, Elsevier, vol. 139(C), pages 564-583.
    6. Christopher Boudreaux & Anand Jha & Monica Escaleras, 2021. "Weathering the Storm: How Foreign Aid and Institutions Affect Entrepreneurship Following Natural Disasters," Papers 2104.12008, arXiv.org.
    7. Alisa Sydow & Benedetto Lorenzo Cannatelli & Alessandro Giudici & Mario Molteni, 2022. "Entrepreneurial Workaround Practices in Severe Institutional Voids: Evidence From Kenya," Entrepreneurship Theory and Practice, , vol. 46(2), pages 331-367, March.
    8. Miao, Chao & Gast, Johanna & Laouiti, Rahma & Nakara, Walid, 2022. "Institutional factors, religiosity, and entrepreneurial activity: A quantitative examination across 85 countries," World Development, Elsevier, vol. 149(C).

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