Session 50

Entrepreneurship and Institutional Environment

Track K

Date: Sunday, October 4, 2015

 

Time: 16:15 – 17:30

Paper

Room: Governor's Square 16


Session Chair:

  • Linda Edelman, Bentley University

Title: Entrepreneurs as Embedded Agents Re-configuring Their Organizational Fields

Authors

  • Suvi Nenonen, University of Auckland
  • Kaj Storbacka, University of Auckland

Abstract: Entrepreneurial actors’ abilities to shape organizational fields are important initiators of opportunities. We explore which aspects of organizational fields entrepreneurs influence when attempting to re-configure these fields. Our analysis of 12 case companies identifies 13 second order themes and four aggregate dimensions of fields: exchange, usage context, representation and norms. The findings offer insights about how entrepreneurial actors deal with the paradox of embedded agency to overcome institutional determinism. In exercising their capacity for action, entrepreneurial actors choose to focus on themes and dimensions that have the greatest potential influence over the organizational field. The results also illustrate that changes induced by entrepreneurial actors often are beneficial to all actors in the field, thus creating a logical link to value-creating strategies.

Title: Institutional Logics and Frame-Switching Ability: A Model of Entrepreneurial Insight

Authors

  • Christopher Morin, University of Calgary
  • Olga Petricevic, University of Calgary

Abstract: Though business strategy research studies firm-level decisions and behaviors, it is individual executives who generate business ideas and chart the course for the firm. This proposal presents a model of entrepreneurial cognition combining experience with a typology of institutional logics and a cognitive ability, frame-switching, that enables creative thinking. The study sample includes 80 entrepreneurs participating in a think-aloud new product marketing protocol, a valid measure of frame-switching ability, and survey/interview methods to measure their access to institutional logics. We expect that individuals with greater access to institutional logics will generate more feasible business ideas, and that business idea generation will be mediated by frame-switching ability. The model can explain why some individuals generate or recognize entrepreneurial opportunities while others do not.

Title: Overcoming Institutional Voids: The Impact of Family Support on Youth Entrepreneurship in Emerging Markets

Authors

  • Linda Edelman, Bentley University
  • Tatiana Manolova, Bentley University
  • Tatyana Tsukanova, St. Petersburg State University
  • Galina Shirokova, St. Petersburg University

Abstract: The absence of specialized intermediaries, regulatory systems, and contract-enforcing mechanisms, more commonly known as institutional voids, plague emerging markets. In this paper, we contend that the social structure of the family helps entrepreneurs to overcome some of the challenges of competing in markets in which specialized intermediaries are absent, thereby enabling new venture start-up activities. To test our ideas we use a sample of 31,429 student nascent entrepreneurs, drawn from the 2011 “Global University Entrepreneurial Spirit Students’ Survey” (GUESSS) project. Our findings indicate significant family social support for young entrepreneurs in all institutional contexts and particularly strong social support in countries with weak institutional development; however, family financial support has a significant negative relationship in all institutional contexts and exacerbated in those with institutional voids.

Title: Surviving or Thriving: Embeddedness and Startup Performance

Authors

  • Robert Eberhart, Santa Clara University
  • Renee Rottner, University of California-Santa Barbara

Abstract: One of the central findings among entrepreneurship studies is that resources in social networks play a central role. We argue that when firms are locally embedded, it affects the objectives they pursue. This strategic choice of surviving versus thriving can lead to conflicting success measures, such as preserving jobs rather than growing profits. We employ a matched sample of ventures to examine the separate effects of locally embedded resources on survival and growth. We find that when the firm and founder originate in a minor city, survival and employment increase. When the firm and founder originate in major cities, we find growth increases. These results inform the role of community in venture outcomes to provide a theoretical separation of survival from growth.

All Sessions in Track K...

Sun: 08:00 – 09:15
Session 10: Entrepreneurship in Base-of-the-Pyramid Markets
Sun: 09:45 – 11:00
Session 11: Crowdfunding Research: Present and Future
Sun: 11:15 – 12:30
Session 12: Environmental Entrepreneurship: How and When do Entrepreneurs address Environmental Degradation?
Sun: 16:15 – 17:30
Session 50: Entrepreneurship and Institutional Environment
Sun: 17:45 – 00:00
Session 319: Entrepreneurship and Strategy Business Meeting
Mon: 08:00 – 09:15
Session 56: Family firms
Mon: 11:15 – 12:30
Session 119: Competition and entrepreneurial entry
Mon: 13:45 – 15:00
Session 53: New forms of entrepreneurial funding
Session 97: Accelerators, corporate VCs and new venture creation
Mon: 16:45 – 18:00
Session 59: Entrepreneurship in emerging markets
Session 98: Culture, institutions and entrepreneurship
Tue: 08:00 – 09:15
Session 54: Venture capital and angel financing
Session 118: Entrepreneurial orientation and strategic entrepreneurship
Session 217: Leadership and Governance in Family Firms
Tue: 11:00 – 12:15
Session 51: Academic entrepreneurship
Tue: 14:15 – 15:30
Session 58: Corporate VCs and spin-outs
Session 120: Creativity, knowledge spill overs and a venture's legitimacy
Tue: 15:45 – 17:00
Session 52: Entrepreneurial business models
Session 55: Entrepreneurship and cognitions
Tue: 17:30 – 18:45
Session 57: Entrepreneurial teams
Session 99: Governance and entrepreneurial finance


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