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Entrepreneurship policy as institutionalised and powerful myths

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  • Kim Klyver
  • Torben E. Bager

Abstract

Entrepreneurship policy emerges, as other policy fields, across formal and informal institutional boundaries and should, according to rational reasoning, be tailored to specific institutional contexts. However, policies do not always adjust well to the rational needs in each institutional context. Certain policies and the way they are implemented may also disseminate from one nation to another. A prime reason for this tendency to harmonisation is the existence of policy communities across institutional boundaries. Researchers talk with researchers, policy makers with policy makers, etc. - and they often cross-fertilise. Such interaction tends to lead to legitimised conceptualisations of challenges and needed policies. These conceptualisations are built on and legitimised by rational arguments, but may in fact be only loosely connected to the specific situation and challenges of an institutional entity. These neo-institutional ideas about how entrepreneurship policy is formed are outlined in this article and supported with empirical evidence from a comparative study of entrepreneurship policy in Australia and Denmark.

Suggested Citation

  • Kim Klyver & Torben E. Bager, 2012. "Entrepreneurship policy as institutionalised and powerful myths," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 4(4), pages 409-426.
    • Handle: RePEc:ids:ijeven:v:4:y:2012:i:4:p:409-426
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    Citations

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    Cited by:

    1. Li Xiang & Xu Yanmei, 2020. "Can Positive Entrepreneurship Policies Always Improve Social Welfare?," Journal of Systems Science and Information, De Gruyter, vol. 8(2), pages 148-158, April.
    2. Winterstorm Värlander, Sara & Sölvell, Ingela & Klyver, Kim, 2020. "Entrepreneurship as a vocational choice in contested entrepreneurship communities: The role of entrepreneurs' justification strategies," Journal of Business Venturing, Elsevier, vol. 35(3).
    3. Virva Salmivaara & Ewald Kibler, 2020. "“Rhetoric Mix†of Argumentations: How Policy Rhetoric Conveys Meaning of Entrepreneurship for Sustainable Development," Entrepreneurship Theory and Practice, , vol. 44(4), pages 700-732, July.
    4. Keim, Jan & Müller, Susan & Dey, Pascal, 2024. "Whatever the problem, entrepreneurship is the solution! Confronting the panacea myth of entrepreneurship with structural injustice," Journal of Business Venturing Insights, Elsevier, vol. 21(C).

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