‘Take it easy’ : how informal institutions shape an emerging economy Entrepreneurial Ecosystem
(2023) In Regional Studies, Regional Science 10(1). p.581-591- Abstract
While it is widely acknowledged that entrepreneurial processes are embedded in an institutional framework, understanding exactly how institutions impact Entrepreneurial Ecosystems (EEs) remains a challenge. This is especially the case for informal institutions, and in particular those not directly related to entrepreneurship support. This paper contributes to this gap by addressing the question: How can an informal institution–not directly related to entrepreneurship support–shape entrepreneurial processes within an EE? It relies on a qualitative case study of a regional EE in Colombia, drawing on direct observation, semi-structured interviews, and secondary data analysis. ‘Take it easy’ was identified as an informal institution of the... (More)
While it is widely acknowledged that entrepreneurial processes are embedded in an institutional framework, understanding exactly how institutions impact Entrepreneurial Ecosystems (EEs) remains a challenge. This is especially the case for informal institutions, and in particular those not directly related to entrepreneurship support. This paper contributes to this gap by addressing the question: How can an informal institution–not directly related to entrepreneurship support–shape entrepreneurial processes within an EE? It relies on a qualitative case study of a regional EE in Colombia, drawing on direct observation, semi-structured interviews, and secondary data analysis. ‘Take it easy’ was identified as an informal institution of the Colombian Caribbean where the analysed EE is located. Contrary to expectations, ‘take it easy’ does not refer to laziness; rather, it refers to doing things calmly, including conflict avoidance and an a preference for entertainment. While ‘take it easy’ is specific to this case study, the notion that informal institutions linked to individual agency and behaviour affect EE performance applies to any context.
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- author
- Porras-Paez, Andrea
- publishing date
- 2023
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Entrepreneurial ecosystem, informal institutions, institutions
- in
- Regional Studies, Regional Science
- volume
- 10
- issue
- 1
- pages
- 11 pages
- publisher
- Taylor & Francis
- external identifiers
-
- scopus:85162151218
- ISSN
- 2168-1376
- DOI
- 10.1080/21681376.2023.2206887
- language
- English
- LU publication?
- no
- additional info
- Funding Information: The author acknowledges financial aid from Minciencias and Gobernación del Atlántico through the PhD scholarship “Convocatoria No. 673 de Formacion de Capital Humano de alto nivel para el Departamento del Atlántico”. Publisher Copyright: © 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
- id
- ca7a4486-8498-4e2e-b219-bd41b683954a
- date added to LUP
- 2023-10-26 14:08:17
- date last changed
- 2023-10-26 16:05:14
@article{ca7a4486-8498-4e2e-b219-bd41b683954a,
abstract = {{<p>While it is widely acknowledged that entrepreneurial processes are embedded in an institutional framework, understanding exactly how institutions impact Entrepreneurial Ecosystems (EEs) remains a challenge. This is especially the case for informal institutions, and in particular those not directly related to entrepreneurship support. This paper contributes to this gap by addressing the question: How can an informal institution–not directly related to entrepreneurship support–shape entrepreneurial processes within an EE? It relies on a qualitative case study of a regional EE in Colombia, drawing on direct observation, semi-structured interviews, and secondary data analysis. ‘Take it easy’ was identified as an informal institution of the Colombian Caribbean where the analysed EE is located. Contrary to expectations, ‘take it easy’ does not refer to laziness; rather, it refers to doing things calmly, including conflict avoidance and an a preference for entertainment. While ‘take it easy’ is specific to this case study, the notion that informal institutions linked to individual agency and behaviour affect EE performance applies to any context.</p>}},
author = {{Porras-Paez, Andrea}},
issn = {{2168-1376}},
keywords = {{Entrepreneurial ecosystem; informal institutions; institutions}},
language = {{eng}},
number = {{1}},
pages = {{581--591}},
publisher = {{Taylor & Francis}},
series = {{Regional Studies, Regional Science}},
title = {{‘Take it easy’ : how informal institutions shape an emerging economy Entrepreneurial Ecosystem}},
url = {{http://dx.doi.org/10.1080/21681376.2023.2206887}},
doi = {{10.1080/21681376.2023.2206887}},
volume = {{10}},
year = {{2023}},
}