Institutions and Entrepreneurship

Abstract

Until recently, the institutional-theory literature has given little explicit attention to entrepreneurship. At the same time, research on entrepreneurship has often focused on the individual, and has paid little attention to how social norms, value systems, identities, taken for granted beliefs, and explicit and implicit regulatory exigencies shape opportunities and affect whether or not individuals choose to engage in entrepreneurial activity. As a result of this mutual neglect, the points of connection between the institutional-theory and entrepreneurship literatures have often remained implicit rather than explicit. Recently, however, an institutional-theory perspective on the study of entrepreneurship has begun to take shape. While diverse, this literature focuses on how institutions affect entrepreneurship, and conversely, how entrepreneurs shape institutions. This symposium is an attempt to further this growing stream of work, by way of four paper presentations followed by discussant commentary and plenary discussion. The first two papers focus on an important cultural-cognitive force: identity. The second two examine how broad institutional change affects entrepreneurial activity. Together, the papers presented in this symposium report research from a variety of empirical contexts and allow us to further extend institutional theory in ways that help us understand the important phenomenon of entrepreneurship.The Logic of Place: Geographic community identity and market formationPresenter: Johnny Boghossian; McGill U.Failure to Deliver: Institutional dynamics and the non-emergence of the online grocery marketPresenter: Chad Navis; U. of Wisconsin, MadisonPresenter: Greg Fisher; Indiana U.Presenter: Ryan L. Raffaelli; Boston CollegePresenter: Mary Ann Glynn; Boston CollegeRegulation and Rationalization: How regulatory institutions influence entrepreneurial decision makingPresenter: W Chad Carlos; Cornell U.A Nation of Shopkeepers: Institutions, industrialization & entrepreneurship in early modern societiesPresenter: Martin Ruef; Princeton U.Presenter: David Reinecke; Princeton U.

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