Entrepreneurship in Emerging Markets

Entrepreneurship in Emerging Markets
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DOI:
10.1007/s11575-010-0066-8
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发表时间:
2011-01
影响因子:
4.3
通讯作者:
P. Tracey;N. Phillips
P. Tracey;N. Phillips
中科院分区:
管理学3区
文献类型:
--
作者:
P. Tracey;N. Phillips

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本文关注的是制度背景在塑造新兴市场创业性质方面的重要性。更具体地说,本文认为,虽然新兴市场的高度制度不确定性往往成为创业的障碍,但它也可以为企业家提供重要的机会。我们认为,新制度理论的最新研究有助于理解新兴经济体的制度背景,特别是探索新兴市场中制度不确定性与创业精神之间的关系。利用新制度理论,本文发展了新兴市场企业家可用的可能制度战略的类型学。确定了三种策略:制度中介、跨越制度空白和弥合制度距离。还考虑了与每种策略相关的成功因素。本文最后讨论了该框架对理论发展的影响,并指出了未来研究的一些领域。
This paper focuses on the importance of the institutional context in shaping the nature of entrepreneurship in emerging markets. More specifically, the paper argues that while the high degree of institutional uncertainty in emerging markets often acts as a barrier to entrepreneurship, it can also provide important opportunities for entrepreneurs.We argue for the usefulness of recent work in neo-institutional theory as an approach to understanding the institutional context of emerging economies, and in particular for exploring the relationship between institutional uncertainty and entrepreneurship in emerging markets.Drawing on neo-institutional theory, the paper develops a typology of possible institutional strategies available to entrepreneurs in emerging markets. Three strategies are identified: institutional brokering, spanning institutional voids, and bridging institutional distance. The success factors associated with each strategy are also considered. The paper concludes with a discussion of the implications of the framework for theory development and points to a number of areas for future research.