Outside vs. Inside Entrepreneurs: When Institutions Bind and Favors Blind

Wilfred Dolfsma, Francis de Lanoy

Research output: Contribution to journalArticleAcademicpeer-review

1 Citation (Scopus)

Abstract

Abstract: In some societies, entrepreneurs coming from outside of a community (i.e., outside entrepreneurs) are more active than entrepreneurs from within the community (i.e., inside entrepreneurs). Institutions and relationships that entrepreneurs entertain may hamper insiders from starting or succeeding. Institutional economics and anthropology suggest that, rather than outside entrepreneurs having more resources, the case may be that inside entrepreneurs could be hampered by existing institutions that blind and social relations that bind. Outsiders, however, may be less inclined to generate societal value in a community.

Original languageEnglish
Pages (from-to)382-389
Number of pages8
JournalJournal of Economic Issues
Volume50
Issue number2
DOIs
Publication statusPublished - 2 Apr 2016
Externally publishedYes

Keywords

  • entrepreneurship
  • gift-giving
  • inside entrepreneurs
  • institutions
  • outside entrepreneurs

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