A theory of entrepreneurship and institutional uncertaintyCitation formats

Standard

A theory of entrepreneurship and institutional uncertainty. / Bylund, Per L.; McCaffrey, Matthew.

In: Journal of Business Venturing, Vol. 32, No. 5, 01.09.2017, p. 461-475.

Research output: Contribution to journalArticlepeer-review

Harvard

Bylund, PL & McCaffrey, M 2017, 'A theory of entrepreneurship and institutional uncertainty', Journal of Business Venturing, vol. 32, no. 5, pp. 461-475. https://doi.org/10.1016/j.jbusvent.2017.05.006

APA

Vancouver

Author

Bylund, Per L. ; McCaffrey, Matthew. / A theory of entrepreneurship and institutional uncertainty. In: Journal of Business Venturing. 2017 ; Vol. 32, No. 5. pp. 461-475.

Bibtex

@article{76f69c541cd849539944d385abef2d25,
title = "A theory of entrepreneurship and institutional uncertainty",
abstract = "Uncertainty and institutions are each vital concepts in entrepreneurship research. However, little work has been done to combine them into a consistent conceptual framework for analyzing the dynamic aspects of entrepreneurial action, uncertainty, and institutional change. Using insights from new institutional economics, we develop a model that explains the institutional uncertainty resulting from conflicts between institutions on different “levels” of social activity. We further explain how entrepreneurs can both cause and mitigate this uncertainty through market and institutional action. Finally, we focus on a special case of institutional uncertainty, “regime uncertainty”, wherein entrepreneurs are left without reliable means to overcome uncertainty in political institutions.",
author = "Bylund, {Per L.} and Matthew McCaffrey",
year = "2017",
month = sep,
day = "1",
doi = "10.1016/j.jbusvent.2017.05.006",
language = "English",
volume = "32",
pages = "461--475",
journal = "Journal of Business Venturing",
issn = "0883-9026",
publisher = "Elsevier BV",
number = "5",

}

RIS

TY - JOUR

T1 - A theory of entrepreneurship and institutional uncertainty

AU - Bylund, Per L.

AU - McCaffrey, Matthew

PY - 2017/9/1

Y1 - 2017/9/1

N2 - Uncertainty and institutions are each vital concepts in entrepreneurship research. However, little work has been done to combine them into a consistent conceptual framework for analyzing the dynamic aspects of entrepreneurial action, uncertainty, and institutional change. Using insights from new institutional economics, we develop a model that explains the institutional uncertainty resulting from conflicts between institutions on different “levels” of social activity. We further explain how entrepreneurs can both cause and mitigate this uncertainty through market and institutional action. Finally, we focus on a special case of institutional uncertainty, “regime uncertainty”, wherein entrepreneurs are left without reliable means to overcome uncertainty in political institutions.

AB - Uncertainty and institutions are each vital concepts in entrepreneurship research. However, little work has been done to combine them into a consistent conceptual framework for analyzing the dynamic aspects of entrepreneurial action, uncertainty, and institutional change. Using insights from new institutional economics, we develop a model that explains the institutional uncertainty resulting from conflicts between institutions on different “levels” of social activity. We further explain how entrepreneurs can both cause and mitigate this uncertainty through market and institutional action. Finally, we focus on a special case of institutional uncertainty, “regime uncertainty”, wherein entrepreneurs are left without reliable means to overcome uncertainty in political institutions.

UR - http://www.scopus.com/inward/record.url?scp=85026231580&partnerID=8YFLogxK

U2 - 10.1016/j.jbusvent.2017.05.006

DO - 10.1016/j.jbusvent.2017.05.006

M3 - Article

AN - SCOPUS:85026231580

VL - 32

SP - 461

EP - 475

JO - Journal of Business Venturing

JF - Journal of Business Venturing

SN - 0883-9026

IS - 5

ER -