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Co-evolution, opportunity seeking and institutional change: Entrepreneurship and the Indian telecommunications industry, 1923--2009

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  • Ajit Nayak
  • Mairi Maclean

Abstract

This paper demonstrates the importance for entrepreneurship of historical contexts and processes, and the co-evolution of institutions, practices, discourses and cultural norms. Drawing on discourse and institutional theories, it develops a model of the entrepreneurial field , and applies this in analysing the rise to global prominence of the Indian telecommunications industry. The article uses entrepreneurial life histories to show how various discourses and discursive processes ultimately worked to generate change and the creation of new business opportunities. It suggests that entrepreneurship involves more than individual acts of business creation, but also implies collective endeavours to shape the future direction of the entrepreneurial field.

Suggested Citation

  • Ajit Nayak & Mairi Maclean, 2013. "Co-evolution, opportunity seeking and institutional change: Entrepreneurship and the Indian telecommunications industry, 1923--2009," Business History, Taylor & Francis Journals, vol. 55(1), pages 29-52, January.
    • Handle: RePEc:taf:bushst:v:55:y:2013:i:1:p:29-52
    DOI: 10.1080/00076791.2012.687538
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    References listed on IDEAS

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    1. Douglass C. North, 2005. "Introduction to Understanding the Process of Economic Change," Introductory Chapters, in: Understanding the Process of Economic Change, Princeton University Press.
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    Cited by:

    1. Abatecola, Gianpaolo, 2014. "Research in organizational evolution. What comes next?," European Management Journal, Elsevier, vol. 32(3), pages 434-443.
    2. Mainela, Tuija & Puhakka, Vesa & Sipola, Sakari, 2018. "International entrepreneurship beyond individuals and firms: On the systemic nature of international opportunities," Journal of Business Venturing, Elsevier, vol. 33(4), pages 534-550.
    3. Abatecola, Gianpaolo & Breslin, Dermot & Kask, Johan, 2020. "Do organizations really co-evolve? Problematizing co-evolutionary change in management and organization studies," Technological Forecasting and Social Change, Elsevier, vol. 155(C).

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