Institutions and Entrepreneurship: Broadening and Contextualizing the Institutional Theory in Entrepreneurship Research

Authors

Yong Li, University of Nevada, Las VegasFollow
Eric Yanfei Zhao, Indiana University

Document Type

Article

Publication Date

5-1-2019

Publication Title

Quarterly Journal of Management

Volume

Institution; Entrepreneurship; Institutional Polycentrism; Institutional Logics; Institutional Complexity

First page number:

1

Last page number:

19

Abstract

We comment on Hitt & Xu’s (2019) paper summarizing recent research at the interface of institutional theory and entrepreneurship. We agree with the authors’ suggestion that scholars develop a theoretically rigorous and comprehensive approach to address institutional effects on entrepreneurial strategy and performance. At the same time, we point to two avenues for future research that we hope can expand the new institutional economics view that underlies much of current research. First, we discuss research on institutional logics and institutional complexity, highlighting its potential in broadening our view of institutions. Second, we call for more research to contextualize the institutional theory in entrepreneurship research.

Keywords

Business; Entrepreneurial and Small Business Operations

Language

English

Repository Citation

Li, Y., Zhao, E. Y. (2019). Institutions and Entrepreneurship: Broadening and Contextualizing the Institutional Theory in Entrepreneurship Research. Quarterly Journal of Management, Institution; Entrepreneurship; Institutional Polycentrism; Institutional Logics; Institutional Complexity 1-19.