“…A wide range of theoretical approaches have been used in the field of SE. Some of these are institutional theory (Dart 2004;Nicholls 2010;Desa 2011;Ruebottom 2011), structuration theory, social capital (Hasan 2005) and social movements (Mair and Marti 2006), and social network theory (Peredo and Chrisman 2006), communitarian perspective (Ridley-Duff 2007), institutional perspective (Urbano et al 2010), dynamical social psychology (Praszkier et al 2010), bricolage (Zahra et al 2009;Domenico et al 2010), theoretical inspiration from the work of Hayak, Kirzer and Schumpeter (Zahra et al 2009), capability approach (Yujuico 2008), Competency approach (Koc and Yavuz no date), behavioural theory (Zahra et al 2008), entrepreneurship as a process, focusing on opportunity identification (Hockerts 2006), PCDO (the people, the context, the deal and the opportunity) framework (Austin et al 2006a, b), entrepreneurship as a process of creating new organisation (Dorado 2006), rational economic and effectuation theory (Corner and Ho 2010), organisational identity theory (Miller and Wesley 2010;Moss et al 2010), resource scarcity theory and agency theory (Tracey and Jarvis 2007), RBV (Meyskens et al 2010), building legitimacy through rhetoric (Ruebottom 2011). In SE research, the role of embbeddedness has been emphasised (Mair and Marti 2006;Peredo and Chrisman 2006;Kistruck and Beamish 2010).…”