Markets and institutional swamps: tensions confronting entrepreneurs in developing countries

Unrealized potential of entrepreneurial activities in developing countries has often been attributed to missing formal market-based institutions. In new institutional economics, the concept of ‘voids’ is suggested as describing an absence of market-based institutions. In reality, however, ‘instituti...

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Bibliographic Details
Main Authors: Matthias Olthaar, Wilfred Dolfsma, Clemens Lutz, Florian Noseleit
Format: Default Article
Published: 2016
Subjects:
Developing countries
Institutional entrepreneurship
Institutional fabrics
Institutional voids
Online Access:https://hdl.handle.net/2134/22836
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