Individuals and Opportunities: A resource-based and institutional view of entrepreneurship
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Autor:innen
Autor:in (Körperschaft)
Publikationsdatum
2008
Typ der Arbeit
Studiengang
Typ
02 - Monographie
Herausgeber:innen
Herausgeber:in (Körperschaft)
Betreuer:in
Übergeordnetes Werk
Themenheft
DOI der Originalpublikation
Link
Reihe / Serie
Reihennummer
Jahrgang / Band
Ausgabe / Nummer
Seiten / Dauer
Patentnummer
Verlag / Herausgebende Institution
Aalborg Universitet
Verlagsort / Veranstaltungsort
Aalborg
Auflage
Version
Programmiersprache
Abtretungsempfänger:in
Praxispartner:in/Auftraggeber:in
Zusammenfassung
Entrepreneurial activity holds many promises for economic well-being. Some of the
most well-documented promises are economic growth and job creation. Considering
entrepreneurship’s potential in creating jobs and economic growth, one would think
that it is an ideal strategy to use in those places that need it the most; in the
economically depleted regions of the world. The answer is yes and no. It is an ideal
strategy because a healthy entrepreneurial base has far-reaching effects on the
economy and society. It is not an ideal strategy if the human and institutional
resource base is weak. Since entrepreneurship is a socially constructed
phenomenon, it will only be as robust as the people practicing it and the institutional
environment in which it is enacted.
This paper has two goals. The first is to examine human capabilities and the
institutional environment as a set of resources giving rise to different processes and
forms of entrepreneurship. The second goal is to consider how novel
(Schumpeterian) and non-novel (Kirznerian) forms of entrepreneurship are affected
by resources on these levels. Two theoretical platforms aid in this consideration:
Edith Penrose’s resource-based theory of firm growth and Douglass North’s Theory of
Institutions and Institutional Change. Penrose’s theory supports the notion of the
development of individual resources since the entrepreneur functions as a firm and is
engaging in an individual process and not a collective one. His personal resources
are anchored in his psychological traits and capability set. Douglass North and his
Theory of Institutions and Institutional Change provide us with the missing context
within which the entrepreneur acts. North sees institutions acting as societal rule or
norm setters, thereby either permitting or constricting entrepreneurial economic
action through the availability of resources in the environment.
The point of departure for this paper is that it begins to conceptualize a research
framework to observe the entrepreneurial process from the standpoint of individual and
institutional resources. The implication of this framework is that it can act as a resource
assessment structure which could reveal a region’s ability to support different forms of
entrepreneurship. Regarding my future empirical research, it should provide more
information as to what resources are used by non-novel entrepreneurs in what we deem
as a resource-poor, post-socialist periphery.
Schlagwörter
Entrepreneurship, Resources, Resource-Based Theory, Institutions
Fachgebiet (DDC)
330 - Wirtschaft
Veranstaltung
Startdatum der Ausstellung
Enddatum der Ausstellung
Startdatum der Konferenz
Enddatum der Konferenz
Datum der letzten Prüfung
ISBN
978-87-91830-17-4
ISSN
Sprache
Englisch
Während FHNW Zugehörigkeit erstellt
Nein
Publikationsstatus
Veröffentlicht
Begutachtung
Fachlektorat/Editorial Review
Open Access-Status
Lizenz
Zitation
FUDURIC, Nikolina, 2008. Individuals and Opportunities: A resource-based and institutional view of entrepreneurship. Aalborg: Aalborg Universitet. ISBN 978-87-91830-17-4. Verfügbar unter: https://doi.org/10.26041/fhnw-110