The Potential for Developing Opportunity-Oriented Entrepreneurship in Croatia: An institutional perspective

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Author (Corporation)
Publication date
11/2009
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Type
04B - Conference paper
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Editor (Corporation)
European Council for Small Business - Research in Entrepreneurship & Small Business (RENT)
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Parent work
RENT Abstracts Handbook: The Entrepreneurial Growth of the Firm
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Issue / Number
Pages / Duration
104
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Publisher / Publishing institution
Place of publication / Event location
Budapest
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Abstract
Using Nobel Prize winner Douglass North's Institutional theory, a case is made for the necessary context needed to enable opportunity-oriented entreprenership in Croatia. To unleash entrepreneurial potential, the institutional environment of a nation is to be examined from different institutional levels: government, social context, and the individual. Informal, as well as formal institutions are examined. In Croatia's case, as in many other eastern European nations, if the institutional environment does not become professionalized, the nation is placed in a viscious cycle of necessity entrepreneurial activity.
Keywords
Entreprenership, Theory of Institutions, Opportunity Entrepreneurship, Necessity Entrepreneurship, Periphery
Subject (DDC)
330 - Wirtschaft
Project
Event
23. Annual RENT Conference 2009
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Language
English
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No
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Published
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Peer review of the complete publication
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Citation
FUDURIC, Nikolina, 2009. The Potential for Developing Opportunity-Oriented Entrepreneurship in Croatia: An institutional perspective. In: European Council for Small Business - Research in Entrepreneurship & Small Business (RENT) (Hrsg.), RENT Abstracts Handbook: The Entrepreneurial Growth of the Firm. Budapest. November 2009. S. 104. Verfügbar unter: http://hdl.handle.net/11654/10771