This paper addresses the possibilities for public policy to stimulate the entrepreneurial perceptions of individuals by leveraging micro-level social influences produced by migrant entrepreneurs. As opposed to the conventional stand according to which entrepreneurial ecosystems can be stimulated by financial, regulative, cognitive and normative mechanisms of influence, the present study suggests that socio-psychological influences enacted by exogenous policy intervention can be used as a mechanism for shifting the entrepreneurial perceptions of individuals. Cross-border entrepreneurial migration is proposed as an instrument for enacting these sociopsychological influences and enabling public policy to benefit from the distinctively different entrepreneurial behaviors of migrant entrepreneurs and local individuals in the host country. The study offers substantial policy implications by extending the theoretical reasoning guiding the stimulation of entrepreneurial ecosystems through public policy intervention, providing discussion of opportunity perception in cross-border context, and offering an alternative socioeconomic perspective on the role of migrant entrepreneurs in the economic life of host countries.
The shift towards a sustainability-driven society includes changes to the educational system, business operations, innovation and entrepreneurial ecosystems as well as policymaking. Moreover, such a shift demands particularly a combination of top-down policy-making initiatives and bottom-up social entrepreneur-driven changes. Social innovation and entrepreneurship are providing solutions for globally recognized social and sustainability challenges such as poverty, education, environmental and climate change, peace support -worldwide yet also in the particularly challenging context of developing economies.We aim to showcase the best practices of social and sustainability-oriented innovation and entrepreneurship in the context of developing economies. In particular, we address the question of how social entrepreneur and innovator with bottom-up ideas could complement the top-down policymaking initiatives. Our design implies qualitative research aiming to disseminate the inspiring story of a social innovative enterprise, which represents a successful example of complementing policy-making efforts. Accordingly, our findings contribute to the literature on social innovation and entrepreneurship in the context of developing economies and simultaneously informs social entrepreneurs and policymakers on potential opportunities for synergy in their efforts.
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