Individual capital and social entrepreneurship: Role of formal institutions

Sahasranamam, Sreevas; Nandakumar, M.K.

doi:10.1016/j.jbusres.2018.09.005

Cited by 133 publications

(134 citation statements)

References 170 publications

Supporting

Mentioning

108

Contrasting

Order By: Relevance

“…Brieger and De Clercq (2019) document that household income is negatively associated with entrepreneurs' social value creation goals. On the contrary, Pathak and Muralidharan (2016) and Sahasranamam and Nandakumar (2018) At the country level, we control for GDP per capita, GDP growth, and unemployment. and Brieger and De Clercq (2019) provide evidence for a positive relationship between GDP and socially oriented entrepreneurial activity.…”

Section: Methodsmentioning

confidence: 99%

“…This study expands this literature by focusing on formal institutions and how the quality of formal institutions moderates the relationship between an entrepreneur's age and his/her choice to create social value with his/her venture. While we do not believe that informal institutions or even socioeconomic development play subordinate roles compared to formal institutions in the relationship between entrepreneurs' age and social value creation, we focus on formal institutions previously shown as instrumental to understanding social entrepreneurial activity (Estrin et al 2013a(Estrin et al , b, 2016Sahasranamam and Nandakumar 2018;Stephan et al 2015). Moreover, previous research highlights that high-quality formal institutions are usually associated with certain cultural characteristics and socioeconomic development (Inglehart and Welzel 2005;Welzel 2013).…”

Section: Entrepreneurs' Age and Social Value Creation: The Moderatingmentioning

confidence: 98%

See 1 more Smart Citation

Entrepreneurs’ age, institutions, and social value creation goals: A multi-country study

et al. 2020

View full text Add to dashboard Cite

This study explores the relationship between an entrepreneur's age and his/her social value creation goals. Building on the lifespan developmental psychology literature and institutional theory, we hypothesize a U-shaped relationship between entrepreneurs' age and their choice to create social value through their ventures, such that younger and older entrepreneurs create more social value with their businesses while middle age entrepreneurs are relatively more economically and less socially oriented with their ventures. We further hypothesize that the quality of a country's formal institutions in terms of economic, social, and political freedom steepen the U-shaped relationship between entrepreneurs' age and their choice to pursue social value creation as supportive institutional environments allow entrepreneurs to follow their age-based preferences. We confirm our predictions using multilevel mixed-effects linear regressions on a sample of over 15,000 entrepreneurs (aged between 18 and 64 years) in 45 countries from Global Entrepreneurship Monitor data. The findings are robust to several alternative specifications. Based on our findings, we discuss implications for theory and practice, and we propose future research directions.

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Entrepreneurs' Age and Social Value Creation: The Moderatingmentioning

confidence: 98%

Entrepreneurs’ age, institutions, and social value creation goals: A multi-country study

et al. 2020

View full text Add to dashboard Cite

show abstract

“…They influence not only the emergence but also the implementation of such activities in the country. Sahasranamam and Nandakumar (2020) investigated role of a country's formal institutions (financial, educational, political) on the relationship between individual capital (financial, human, social capital) and social entrepreneurship entry. This study showed the nature of contingent effects of formal institutions on the relationship between individual capital and the emergence of social enterprises.…”

Section: Factors Influencing the Involvement In Social Enterprisesmentioning

confidence: 99%

Drivers toward Social Entrepreneurs Engagement in Poland: An Institutional Approach

Pacut

2020

Administrative Sciences

View full text Add to dashboard Cite

The aim of this study is to identify the factors that influence the involvement of individuals in social entrepreneurship in Poland from an institutional economics perspective. The research is based on exploratory data analysis using qualitative data covering 22 interviews with social entrepreneurs and 10 representatives of stakeholders from Poland as well as observations and secondary data. By employing an inductive approach and a case study methodology, it can be stated that involvement of social entrepreneurs is stimulated by a complex set of factors. Moreover, the results show the importance of the institutional environment for social enterprises in Poland, including the impact of formal and informal institutions on their development. The findings contribute to enhancing the knowledge on factors determining the establishment and development of social enterprises in Poland given the institutional economics perspective.

show abstract

“…Representing a specific socio-economic phenomenon, social entrepreneurship is carried out in a social environment, is regulated by the current legal regulations in the society, and is also subject to the action of economic laws and patterns common to all business entities (Sahasranamam & Nandakumar, 2018). This means that social entrepreneurship is not free from society, but functions in interconnection and interdependence with it.…”

Section: Methodsmentioning

confidence: 99%

Social Entrepreneurship: Regional Features Of Regulation

Kivarina¹

2019

The European Proceedings of Social and Behavioural Sciences

View full text Add to dashboard Cite

show abstract

Individual capital and social entrepreneurship: Role of formal institutions

Abstract: We would like to thank the Editors and the two anonymous reviewers for their insightful comments and suggestions during the review process. They have engaged in a constructive dialogue and this has helped us to improve the manuscript substantially.

Cited by 133 publications

References 170 publications

Entrepreneurs’ age, institutions, and social value creation goals: A multi-country study

Entrepreneurs’ age, institutions, and social value creation goals: A multi-country study

Drivers toward Social Entrepreneurs Engagement in Poland: An Institutional Approach

Social Entrepreneurship: Regional Features Of Regulation

Contact Info

Product

Resources

About