2019
DOI: 10.24043/isj.99
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Motivations for Indigenous island entrepreneurship: Entrepreneurs and behavioral economics in Greenland

Abstract: Greenland continues to undergo decolonization, the ultimate political ambition being a 'self-sustaining economy' and political independence from Denmark. Drawing on a recent survey in combination with ethnographic fieldwork, this paper explores the connection between political independence and entrepreneurial activities in Greenland. While entrepreneurs are increasingly expected to play a central role in fostering economic change, we are curious about what motivates them, and especially whether their motivatio… Show more

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Cited by 12 publications
(13 citation statements)
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“…Informal institutions influence the presence or absence of social capital and the quality of entrepreneurial activities (Lajqi and Krasniqi, 2017). Previous research has stressed that informal institutions and social capital play a key role in influencing island development and entrepreneurship (Baldacchino, 2015; Wennecke et al ., 2019).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Informal institutions influence the presence or absence of social capital and the quality of entrepreneurial activities (Lajqi and Krasniqi, 2017). Previous research has stressed that informal institutions and social capital play a key role in influencing island development and entrepreneurship (Baldacchino, 2015; Wennecke et al ., 2019).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Up until the COVID-19 pandemic and looking into the future, much hope is accorded in Greenland to the development of tourism. On a national level, tourism is set to economically supplement export revenues from fishing, which currently represents the dominant economic pillar in Greenlandic economy, covering 92% of the national exports (Wennecke, Jacobsen, & Ren, 2019). In 2018, 21.239 overnight guests stayed in East Greenland (Visit Greenland, 2020), which was the largest increase in international overnight stays in Greenland.…”
Section: East Greenland As Tourist Destinationmentioning
confidence: 99%
“…The Indigenous entrepreneurial spirit is closely related to the economic development base in the community [36], as well as cultural values, where work is involved in every moment of communal life accomplished in the communal assembly through a decision [33]; furthermore, it is motivated by the family and land to which it belongs [48].…”
Section: Indigenous Entrepreneurshipmentioning
confidence: 99%