Entrepreneurship and embeddedness: dynamic, processual and multi-layered perspectives

Wigren-Kristofersen, Caroline; Korsgaard, Steffen; Brundin, Ethel; Hellerstedt, Karin; Alsos, Gry Agnete; Grande, Jorunn

doi:10.1080/08985626.2019.1656868

Cited by 43 publications

(41 citation statements)

References 43 publications

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“…Bridging structural holes, arising from the limitations of a particular context, happens not only across social networks (Burt 2000(Burt , 2004, but also across spatial dimensions (Korsgaard, Ferguson, and Gaddefors 2015), and institutional contexts (Yang 2004). As such, movements and connections are observed across all dimensions (Anderson, Drakopoulou Dodd, and Jack 2012), depending on the type of structural hole, and opportunistic vision and needs of an entrepreneur, thus revealing a dynamic nature of embeddedness (Anderson and Ronteau 2017;Wigren-Kristofersen et al 2019) with which entrepreneurs engage and form relations (Gaddefors and Anderson 2019) to enable their activities, including access to resources.…”

Section: ) Institutional Embeddednessmentioning

confidence: 99%

Entrepreneurial finance journeys: embeddedness and the finance escalator

Murzacheva

Levie

2020

Venture Capital

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This paper re-visits the traditional model of the finance escalator, which outlines alternative financial pathways for entrepreneurs depending on their aspirations and stage of development. Building on social, spatial and institutional embeddedness perspectives, the dynamic and interactional challenges of financial decisions are captured through an exploratory interpretivist approach. Ten early funding journeys of entrepreneurs in Scotland, all of whom sought external funding, were scrutinized with the objective of revealing motivations, reasoning, and patterns behind funding decisions. Surprisingly, these entrepreneurs all initially sought valueadded financial capital, but issues including control (perceived as ownership), speed of access, and external environmental pressures caused them to accept offers (often unsolicited) from familiar sources. As a result, a revised finance escalator is proposed. The extent to which these findings are context specific is discussed.

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Section: ) Institutional Embeddednessmentioning

confidence: 99%

Entrepreneurial finance journeys: embeddedness and the finance escalator

Murzacheva

Levie

2020

Venture Capital

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“…Literature review and analytical framework 2.1 Theoretical framework According to institutional perspective, entrepreneurship as a process is embedded in sociocultural and institutional contexts and boundaries (Welter et al, 2019) in which the influence and actions of the players in the process cannot be analysed in isolation but instead considered together (Spedale and Watson, 2014). These contexts shape the entrepreneurial processes and outcomes and provide avenues for accessing vital resources, eccentric information and support, including enhancing the legitimacy of both the business and the entrepreneur (Vannebo and Grande, 2018;Wigren-Kristofersen et al, 2019). On the other hand, these contexts can lead to unwanted results or constraints when the relationship between actors is not adequately managed and leveraged (Wigren-Kristofersen et al, 2019).…”

Section: Introductionmentioning

confidence: 99%

“…These contexts shape the entrepreneurial processes and outcomes and provide avenues for accessing vital resources, eccentric information and support, including enhancing the legitimacy of both the business and the entrepreneur (Vannebo and Grande, 2018;Wigren-Kristofersen et al, 2019). On the other hand, these contexts can lead to unwanted results or constraints when the relationship between actors is not adequately managed and leveraged (Wigren-Kristofersen et al, 2019). Accordingly, because of the nexus between business and household, the two cannot be studied as distinct and isolated units, but instead as a system of interrelated relationships (Hirschi et al, 2019;Leung et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

Marriage and business performance: the case of women-owned micro and small businesses in Tanzania

Tundui

2021

JEEE

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Purpose This paper aims to examine marriage and family-related determinants of performance of micro and small businesses owned by women in Tanzania. Design/methodology/approach The authors surveyed a total of 429 micro and small women entrepreneurs using a one-stop semi-structured questionnaire. The authors used hierarchical logistic regression analysis to determine the effect of marriage and related variables on enterprise performance. Findings The multivariate results have established that marriage has both positive and negative effects on businesses owned by women. Businesses experienced growth when owners received moral support, made an independent decision regarding business activities and used family labour and household resources to support business operations. Businesses were affected when the business owner faced difficulty in balancing business-family responsibilities. Also, some forms of spousal and family support appear to hurt business growth. Practical implications The present study adds to the literature and provides evidence of the influence of marriage and related responsibilities on the performance of women businesses. This understanding can help policymakers and other stakeholders to design appropriate and effective policies and programmes that could help to improve the performance of businesses owned by women for their economic empowerment, graduation out of poverty and improvement in the overall household welfare. The interventions should also consider both women businesses specific needs and the needs of their households and address intra-household decision-making processes. Originality/value Women entrepreneurs face numerous challenges to start and grow their businesses. Among the significant challenges facing women’s entrepreneurship include marriage and family-related responsibilities. Nevertheless, little is known about how marriage influences and shapes women entrepreneurial processes in Tanzania.

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“…Our study is also based on the general premise that entrepreneurial processes (such as learning) enfold differently in different socio-spatial spaces (Wigren-Kristofersen et al, 2019). Consistent with Jack and Anderson (2002) and Simsek et al (2003), we view entrepreneurial ventures as embedded within a broader structure of relationships.…”

Section: Literature Review and Research Questionmentioning

confidence: 66%

Learning perspective on sustainable entrepreneurship in a regional context

Núñez

Musteen

2020

JSBED

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PurposeThe aim of this study is to examine the role of learning in the opportunity discovery, opportunity exploitation and local embeddedness of sustainable ventures in an emerging economy.Design/methodology/approachWe use a partially grounded approach to analyze three case of successful sustainable ventures in the Cali Baja gastro industry.FindingsWe find that sustainable entrepreneurs possess general knowledge of natural and communal environment along with compassion for the environment. However, it is the acquisition of a specific business-related knowledge that is the trigger for the formation of the first-person opportunity belief (i.e. confidence in the ability to exploit the sustainable business opportunity personally). Our analysis of also reveals several unique learning processes associated with opportunity exploitation and local embeddedness with a special focus on tradeoffs and compromises that are required given the tension between the sometimes conflicting goals of sustainable enterprises.Originality/valueOur study adds to the literature on sustainable entrepreneurship by investigating the complex interplay between personal and contextual factors that unfolds over time as entrepreneurs conceive and then exploit a viable business opportunity that simultaneously addresses environmental and social goals.

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Entrepreneurship and embeddedness: dynamic, processual and multi-layered perspectives

Cited by 43 publications

References 43 publications

Entrepreneurial finance journeys: embeddedness and the finance escalator

Entrepreneurial finance journeys: embeddedness and the finance escalator

Marriage and business performance: the case of women-owned micro and small businesses in Tanzania

Learning perspective on sustainable entrepreneurship in a regional context

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