Informal institutional framework and entrepreneurial strategic orientation: the role of religion

Kurtulmuş, Bekir Emre; Warner, Bernadette

doi:10.1504/ijeim.2016.077959

Cited by 7 publications

(4 citation statements)

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“…Formal institutional support can help the new ventures close the funding gap for innovation, increase their funding for new product development or new service promotion, improve the return rate of their innovation, facilitate their motivation and capability to invest in high-uncertainty/high risk projects, thereby increase their propensity to undertake innovations [29]. At the same time, informal institutional support can help the senior management of new ventures to comprehend the external environment, access the scarce resources they need and reduce and avoid institutional risks during their incubation, increasing their tendency to take entrepreneurial-oriented strategic actions [30,31]. Resource-based theory points out that scarce resources such as technical knowledge, market knowledge and market access can reduce resource constraints faced by enterprises and help them comprehensively evaluate their innovative projects that are high in both risk and reward, so as to effectively capture market opportunities and actively engage in innovative activities [32].…”

Section: Institutional Support and Entrepreneurial Orientationmentioning

confidence: 99%

The Influence of Institutional Support on the Innovation Performance of New Ventures: The Mediating Mechanism of Entrepreneurial Orientation

Yang

2022

Sustainability

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Existing research on enterprise innovation focuses on internal perspectives such as resource and capabilities. However, enterprise innovation needs not only the input of enterprises themselves, but also the support of institutional environments. Based on the institution–strategy–performance research paradigm, which combines perspectives from both institutional theory and resource-based theory, this research explores the mechanism of institutional support on the innovation performance of new ventures, focusing on the mediating role of entrepreneurial orientation and the moderating role of innovative resource acquisition. An empirical analysis based on 278 survey samples shows that: (formal/informal) institutional support positively affects the innovation performance of new ventures; entrepreneurial orientation plays an intermediary role between institutional support and the innovation performance of new ventures; innovation resource acquisition not only positively regulates the relationship between entrepreneurial orientation and the innovation performance of new ventures, but also enhances the mediation of entrepreneurial orientation between institutional support and innovation performance. The conclusion shows that institutional support plays an important role in the innovation practice of new ventures, and can provide guidance for the innovation management practices of new ventures. This study discusses the theoretical and managerial implications for enterprise innovation research in detail by identifying and testing the relationships among these constructs.

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Section: Institutional Support and Entrepreneurial Orientationmentioning

confidence: 99%

The Influence of Institutional Support on the Innovation Performance of New Ventures: The Mediating Mechanism of Entrepreneurial Orientation

Yang

2022

Sustainability

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“…In ultra-religious groups such social legitimacy is crucial, as starting a business is may be seen as a deviation of the woman's traditional role (Nwankwo and Gbadamosi, 2013), for example micro-enterprises in the context of the Amish community (Smith et al, 1997). Culture and religion can affect the legitimacy of entrepreneurship, and at times view it negatively, for instance in terms of being unnatural and unholy, or alternately as a means of giving charity or leading the community, thus affecting the chances of a woman becoming an entrepreneur (Dana, 2009;Kurtulmus and Warner, 2016).…”

Section: Social Networkmentioning

confidence: 99%

The surprising lack of connection between social networks and the enterprise success of ultra-religious female micro-entrepreneurs

Monnickendam-Givon

Schwartz

Gidron

2018

JEC

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Purpose The utilization of social networks is known to have an impact on micro-enterprise success. This study aims to examine the contribution of social networks in acquiring resources and their role in the enterprise’s success. Design/methodology/approach A business’s success is influenced by its network structure and the network’s resources. The authors examine whether unique religious-cultural characteristics affect the social networks contribution to a business’s success. This model examines the network utilization of women entrepreneurs who own micro-enterprises in ultra-religious groups. The sample consists of 123 surveys completed by Jewish ultra-Orthodox women entrepreneurs in Israel. Data collection was conducted between February and June 2013. The authors used a snowball sampling approach where interviewees were asked to refer us to other entrepreneurs. In the hour-long interview, a questionnaire was used with open and closed questions. Findings Findings indicate that strong personal ties provide a micro-enterprise with social legitimacy, emotional support and assistance in the management and operation of daily activities. However, contrary to the existing literature, network utilization did not contribute to enterprise success. That is, in religious communities in particular, social networks enable the existence of businesses, but do not contribute to their success. Practical implications The practical implications of this paper are the mapping of the social network resources used by the business owner, such as financial consultations or professional assistance, as well as distinguishing between strong and weak ties, which reflect the intensity of the contact for better use of the social network by the entrepreneurs. Originality/value This study examined social networks’ contribution to the acquisition of resources, as well as the part they play in the success of ultra-orthodox women micro-entrepreneurs and perhaps other religious and minorities groups.

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“…Third, weak Islamic banking practices in managing risk management can be attributed to deviations from the calculative risk-taking principle. Islamic banks may overly trust customers, as a result of the illusion of religious equality (Kurtulmus and Warner 2016 ) to get risky borrowing customers. However, studies on entrepreneurial marketing of financial services in the context of Islamic banking are lacking.…”

Section: Introductionmentioning

confidence: 99%

Evaluating the relationship between entrepreneurial marketing, competitive advantage, and Islamic banks performance

et al. 2022

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Informal institutional framework and entrepreneurial strategic orientation: the role of religion

Cited by 7 publications

References 0 publications

The Influence of Institutional Support on the Innovation Performance of New Ventures: The Mediating Mechanism of Entrepreneurial Orientation

The Influence of Institutional Support on the Innovation Performance of New Ventures: The Mediating Mechanism of Entrepreneurial Orientation

The surprising lack of connection between social networks and the enterprise success of ultra-religious female micro-entrepreneurs

Evaluating the relationship between entrepreneurial marketing, competitive advantage, and Islamic banks performance

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