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Take it easy

How informal institutions shape an emerging economy Entrepreneurial Ecosystem

Bibliographic Data

ID7366681
AuthorsAndrea Porras-Paez (0000-0003-0110-8809, corresponding author)
Year2023
Volume10
Issue1
Pages581-591
Publication date2023-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueRegional Studies Regional Science (JOURNAL)
Journal identifiersISSN: 2168-1376 • E-ISSN: 2168-1376
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/21681376.2023.2206887
OpenAlexW4379057908
LanguageEN
Citations received1
References cited26

While it is widely acknowledged that entrepreneurial processes are embedded in an institutional framework, understanding exactly how institutions impact Entrepreneurial Ecosystems (EEs) remains a challenge. This is especially the case for informal institutions, and in particular those not directly related to entrepreneurship support. This paper contributes to this gap by addressing the question: How can an informal institution – not directly related to entrepreneurship support – shape entrepreneurial processes within an EE? It relies on a qualitative case study of a regional EE in Colombia, drawing on direct observation, semi-structured interviews, and secondary data analysis. ‘Take it easy’ was identified as an informal institution of the Colombian Caribbean where the analysed EE is located. Contrary to expectations, ‘take it easy’ does not refer to laziness; rather, it refers to doing things calmly, including conflict avoidance and an a preference for entertainment. While ‘take it easy’ is specific to this case study, the notion that informal institutions linked to individual agency and behaviour affect EE performance applies to any context

Agency (philosophy · Business · Context (archaeology · Economic growth · Economic system · Economics · Entrepreneurship · Informal sector · Institution · Laziness · Microeconomics · Political science · Preference · Public relations · Social science · Sociology · Entrepreneurship Studies and Influences · Family Business Performance and Succession · Innovation and Socioeconomic Development · Marketing

  • Entrepreneurs in residence at the nexus of regional economy and university entrepreneurial ecosystems

    Open Access•Daniel Sunghwan Cho, Beldina Owalla et al.•Regional Studies Regional Science•2024

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    Open Access•Ben Spigel•Entrepreneurship Theory and…•2017

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    Emlyn Stam•European Planning Studies•2015

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  • The Role of Context in Qualitative Case Study Research

    Vessela Warren, Robin Bell•The Role of Context in…•2022

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    Open Access•Douglass C North•Institutions, Institutional…•1990

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    Open Access•Carolyn J Hatch•Geography Compass•2014

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    Open Access•Nichola Lowe, Mitchell Feldman et al.•Geography Compass•2017

Unique citing works1
Citations per year0,5
Citation span2024 - 2024 (1)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 1

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