New venture creation in different environments: Towards a multilayered institutional approach to entrepreneurship

siirretty Doriast

Late-career entrepreneurship, income and quality of life

Late-career transitions to entrepreneurship are discussed as a promising way to address some of the problematic implications of population aging. By extending employment choice theory to simultaneously account for career stage and for non-monetary rewards from entrepreneurship, we investigate how late-career transitions from organizational employment to entrepreneurship influence the returns from the monetary (income) and non-monetary (quality of life) components of an individual's utility. Using data from the English Longitudinal Study of Ageing, our empirical analysis shows that for late-career individuals, starting a business is positively associated with change in quality of life and negatively associated with change in income

Can Social Exclusion Against “Older Entrepreneurs” Be Managed?

This paper investigates how sources of social exclusion and support emerge within an “older” entrepreneur's immediate environment, and how this affects the development of their small business. Based on 22 in-depth interviews in London, United Kingdom, we suggest how older entrepreneurs with different backgrounds are able to manage social exclusion, and identify four coping strategies—passive negotiation, active negotiation, modification, and avoidance. We argue that, if “older entrepreneurship” (people starting a business aged 50 or older) is to flourish, both entrepreneurs and support initiatives need to become sensitive to the diversity of sources of discrimination and strategies to manage them

Place in entrepreneurial storytelling: A study of cultural entrepreneurship in a deprived context

We extend the cultural entrepreneurship perspective by investigating how entrepreneurs in deprived contexts gain legitimacy by leveraging proprietary and public places in their entrepreneurial storytelling. Inspired by the sociology of place, we present a longitudinal study of 10 new venture journeys over four years in Kasoa, Ghana. We identify three distinct ways places are used in entrepreneurial narratives: projective significance of place, connective significance of place, and authoritative significance of place. We show how impoverished entrepreneurs construct and communicate places in diverse ways, not only as locations, but also as material and symbolic resources that provide legitimacy for their venturing activities. Drawing from our findings, we generate a model of place-based cultural entrepreneurship and elaborate place as a central resource in cultural entrepreneurship and new venture creation in deprived contexts

CALL FOR PAPERS: Innovation and Entrepreneurship for Sustainability in Natural Resource-Intensive Economies.

BackgroundIn facing the challenges of reducing detrimental environmental and societal impacts created by unsustainable business practices, the development of innovations and entrepreneurship for sustainability has gained special attention. They are recognized as the engine in the transformation of current business processes and key factors in creating sustainable prosperity (Hall et al. 2010).------------------------------------------------------Important dates• Final date for submissions: 1 September 2014• Notification to author: Last Week of October 2014• Online Publications: 3rd Week of November 2014

Collective Emotions in Institutional Creation Work

In this paper, we explain how and why collective emotions enable institutional creation work. Based on an ethnography in Limonade, a Haitian community affected by the 2010 earthquake, we identify social practices that elicit collective emotions through the creation of new institutions across the three disaster recovery phases. Our study’s key insight is that new institutions converge collective emotions such that they in turn justify ongoing, as well as motivate engagement in new, institutional creation work practices. Theorizing from our findings, we develop a generative model that describes the justifying and motivating function of collective emotions in the establishment of embedded institutions. In conclusion, our paper advances theory on collective emotions in institutional work and generates implications for post-disaster management practice

The evaluative legitimacy of social entrepreneurship in capitalist welfare systems

Social entrepreneurs start ventures to tackle social problems, and these ventures have the potential to outperform other social service providers in welfare states. We leverage theories of legitimacy and Varieties of Capitalism to examine national experts’ (N = 361) assessments of the efficiency of social enterprises relative to state and civil society. Our multilevel analysis across 11 welfare states shows that social enterprises are perceived as a more efficient solution to social problems when a liberal or socialist logic dominates a given state’s market coordination and social welfare provision. However, when institutional logics are in conflict, the assigned legitimacy of social entrepreneurship is diminished.</p

Local entrepreneurial ecosystems as configural narratives: A new way of seeing and evaluating antecedents and outcomes

This paper develops and applies a new evaluative approach to local entrepreneurial ecosystems, as configural narratives. We examine how configurations of local entrepreneurial ecosystem attributes, as evaluated by local experts, support or hinder the emergence of new and innovative firms. Drawing on sociology of place, we present a novel configurational comparative analysis of local experts’ evaluation of their ecosystems in Chile. Our proposed approach to entrepreneurial ecosystems helps us uncover two counterintuitive findings and so elaborate on interferences that have not yet been addressed through conventional concepts, methods and data. First, we reveal three distinct ecosystem types explaining different local levels of new firm activity: Active self-propelled, Indulged and Passive self-absorbed. The internal composition of these types change when only innovative and high growth firms are taken into consideration. Second, we show why, when seen as configural narratives, ecosystem attributes that have been assumed necessary play only a peripheral role. Our study demonstrates a split picture against seemingly similar outcomes and homogenous local contexts, contributing to the advancement of entrepreneurial ecosystem theory, observation and assessment

Social enterprise crowdfunding in an acute crisis

Social enterprises can play a pivotal role in mitigating the negative effects of major crises if these ventures are able to attract enough funding for their activities. Our research reflects on the experiences of a UK-based crowdfunding platform, UpEffect, to develop understanding of the key challenges for social enterprise crowdfunding at the time of COVID-19. Specially, we offer and synthesize three perspectives (social enterprises, funding crowd, and crowdfunding platforms) to illuminate key strategies that crowdfunding platforms, like UpEffect, can employ to support social enterprises in enacting solutions for COVID-19 affected people and communities.</p