Entrepreneurial Dynamics and Institutional Changes

Autors/ores

  • Esther Hormiga Universitat de Barcelona
  • Li Xiao Lancaster University Management School, Lancaster University
  • David Smallbone Kingston Business School, Kingston University

DOI:

https://doi.org/10.1344/jesb2018.1.j035

Paraules clau:

Entrepreneurial dynamics, Institutional changes, Processes, Entrepreneurship

Resum

Contemporary literature has paid considerable attention to the relationships between formal and informal institutions and early stage firms’ behaviours in different institutional settings in recent years. Given a constantly changing business environment in which companies are operating, there is a need to continuously study how they deal with new challenges and how they achieve new goals. It is essential for not only nascent but also experienced entrepreneurs to discover new dynamics in order to stay at a competitive level. This special issue of Journal of Evolutionary Studies in Business aims to explore the role of dynamics that interact with institutional changes in surviving and growing ventures. We present the nine articles with a variety of studied contexts, which shed some light on how companies or organisations keep up with institutional changes at both macro and micro level, by actively transforming business practices and entrepreneurial processes.

Descàrregues

Les dades de descàrrega encara no estan disponibles.

Biografia de l'autor/a

Esther Hormiga, Universitat de Barcelona

Esther Hormiga, PhD in Economics and Business Science, Las Palmas de Gran Canaria University. Associate Professor of Business and Entrepreneurship at the UB. Research interests: Entrepreneurship, new venture's success, intellectual capital

Referències

Ahlstrom, David, and Garry Bruton. 2006. “Venture capital in Emerging Economics: Networks and Institutional changes.” Entrepreneurship Theory and Practice 30 (1): 299-320.

Aldrich, Howard E., Nancy M. Carter, and Martin Ruef. 2002. “With very little help from their friends: gender and relational composition of nascent entrepreneurs’ startup teams.” Paper presented at the Babson College Kauffman Foundation Entrepreneurship Research Conference, Boulder, CO, June.

Batjargal, Bat, and Mannie Liu. 2004. “Entrepreneurs’ access to private equity in China: the role of social capital.” Organisation Science 15 (2): 159-172.

Brint, Steven, and Jerome Karabel. 1991. “Institutional origins and transformations: The case of American community colleges.” In The New Institutionalism in Organisational Analysis, edited by W.W. Powell, and P.J. DiMaggio, 337-60. Chicago: University of Chicago Press.

Bruton, Garry, and David Ahlstrom. 2003. “An institutional view of China’s venture capital industry: explaining the differences between China and the West.” Journal of Business Venturing 18:233-259.

Bruton, Garry, David Ahlstrom, and Han-Lin Li. 2010. “Institutional theory and entrepreneurship: where are we now and where do we need to move in the future?” Entrepreneurship Theory and Practice 34 (3): 421-440.

Colombo, Massimo G., and Luca Grilli. 2010. “On growth drivers of high-tech start-ups: exploring the role offounders’ human capital and venture capital.” Journal of Business Venturing 26 (6): 610-626.

Davidsson, Per, and Benson Honig. 2003. “The role of social and human capital among nascent entrepreneurs.” Journal of Business Venturing 18 (3): 301-331.

DiMaggio, Paul. 2001. The twenty-first century firm: changing economic organisation in international perspective. Princeton: Princeton University Press.

Gartner, William B., Nancy M. Carter, and Gerald E. Hills. 2003. “The language of opportunity.” In New Movements in Entrepreneurship, edited by Chris Steyaert, and Daniel Hjorth, 103-124. London: Edward Elgar.

Gimmon, Eli, and Jonathan Levie. 2010. “Founder’s human capital, external investment, and the survival of new high-technology ventures.” Research Policy 39 (9): 1214-1226.

Hitt, Michael A., David Ahlstrom, M. Tina Dacin, Edward Levitas, and Lilia Svobodina. 2004. “The institutional effects on strategic alliance partner selection in transition economies: China versus Russia.” Organisation Science 15 (2): 173-85.

Lau, Chung-Ming, David K. Tse, and Nan Zhou. 2002. “Institutional forces and organizational culture in China: Effects on change schemas, firm commitment and job satisfaction.” Journal of International Business Studies 33 (3): 533-550.

Le, Ngoc T.B., and Thang V. Nguyen. 2009. “The impact of networking on bank financing: the case of small and medium-sized enterprises in Vietnam.” Entrepreneurship Theory and Practice 33 (4): 867-887.

Li, Yong, and Shaker A. Zahra. 2012. “Formal institutions, culture, and venture capital activity: a cross-country analysis.” Journal of Business Venturing 27 (1): 95-111.

Lichtenstein Benyamin.B., Nancy M. Carter, Kevin Dooley, and William B. Gartner. 2007. “Complexity dynamics of nascent entrepreneurship.” Journal of Business Venturing 22 (2): 236-261.

Liu, Xiaohui, Mike Wright, Igor Filatotchev, Ou Dai, and Jiangyong Lu. 2010. “Human mobility and international knowledge spillovers: evidence from high-tech small and medium enterprises in an emerging market.” Strategic Entrepreneurship Journal 4 (4): 340-355.

Glancey, Keith, Malcolm Greig, and Malcolm Pettigrew. 1998. “Entrepreneurial dynamics in small business service firms.” International Journal of Entrepreneurial Behavior & Research 4:249-268.

North, Douglass C. 1990. Institutions, institutional change and economic performance. Cambridge: Cambridge University Press.

North, Douglass C. 1994. “Economic performance through time.” The American Economic Review 84 (3): 359-368.

Peng, Mike W. 2003. “Institutional transitions and strategic choices.” Academy of Management Review 28 (2): 275-96.

Peng, Mike, Sunny L. Sun, Brian Pinkham, and Hao Chen. 2009. “The institution-based view as a third leg for a strategy tripod.” Academy of Management Perspectives 23 (3): 63-91.

Reynolds, Paul D., Nancy M. Carter, William B. Gartner, and Patricia G. Greene. 2004. “The prevalence of nascent entrepreneurs in the United States: evidence from the panel study of entrepreneurial dynamics.” Small Business Economics 23:263-284.

Roland, Gerard. 2004. “Understanding institutional changes: fast-moving and slow-moving institutions.” Studies in Comparative International Development 38:109-131.

Sambasivan, Murali, Mohani Abdul, and Yuzliani Yusop. 2009. “Impact of personal qualities and management skills of entrepreneurs on venture performance in Malaysia: opportunity recognition skills as a meditating factor.” Technovation 29 (11): 798-805.

Scheela, William, and Thawatchai Jittrapanun. 2012. “Do institutions matter for business angel investing in emerging Asian markets?” Venture Capital 14 (4): 289-308.

Scott, W. Richard. 2001. Institutions and organizations. Thousante Oakes: Sage.

Shrader, Rod, and Donald S. Siegel. 2007. “Assessing the relationship between human capital and firm performance: evidence from technology-based new ventures.” Entrepreneurship theory and Practice 31 (6): 893-908.

Unger, Jens M., Andreas Rauch, Michael Frese, and Nina Rosenbusch. 2011. “Human capital and entrepreneurial success: a meta-analytical review.” Journal of Business Venturing 26 (3): 341-358.

Vanaelst, Iris, Bart Clarysse, Mike Wright, Andy Lockett, Nathalie Moray, and Rosette S’Jegers. 2006. “Entrepreneurial team development in academic spin-outs: an examination of team heterogeneity.” Entrepreneurship Theory and Practice 30 (2): 249-271.

Wright, Mike, Keith M. Hmieleski, Donald Siegel, and Michael Ensley. 2007. “The role of human capital in technological entrepreneurship.” Entrepreneurship Theory and Practice 31 (6): 791-806.

World Tourism Organization. 2017. Annual Report 2017. http://cf.cdn.unwto.org/sites/all/files/pdf/annual_report_2016_web_0.pdf

Xiao, Li, and David North. 2012. “Institutional transition and the financing of high-tech SMEs in China: a longitudinal perspective.” Venture Capital 14 (4): 242-269.

Xiao, Li, and Mark Ramsden. 2016. “Founder expertise, strategic choices, formation and survival of high-tech SMEs in China: a resource-substitution approach.” Journal of Small Business Management 54:892-911

Descàrregues

Publicades

2018-01-24

Com citar

Hormiga, Esther, Li Xiao, and David Smallbone. 2018. “Entrepreneurial Dynamics and Institutional Changes”. Journal of Evolutionary Studies in Business 3 (1):1-16. https://doi.org/10.1344/jesb2018.1.j035.