Microlending provides a valuable alternative to traditional financing for entrepreneurs in impoverished countries. Drawing from theory on political rhetoric and the concept of warm-glow giving, we examine characteristics of entrepreneurial narratives that are related to how quickly entrepreneurs...

As compared to developed countries, a much higher proportion of entrepreneurs within base-of-the-pyramid (BOP) markets operate unregistered businesses. Prior research has suggested that the primary cause of such informal activity in these settings is the general failure of ‘weak’...

In a base-of-the-pyramid context, the ability to start ventures is often quite robust because micro-entrepreneurs are able to start with few resources and can often sustain ventures for extended lengths of time in the absence of meaningful revenues. Yet, the ability to grow ventures tends to be...

Managing uncertainty effectively is perhaps one of the most significant challenges a firm's decision makers face today. Strategic entrepreneurship--defined as exploration for future sources of competitive advantage, combined with exploitation of current sources of competitive advantage--has been...

A firm engages in strategic entrepreneurship when it simultaneously pursues exploration for future business domains and exploitation of current domains. Superior performance often results from successful strategic entrepreneurship. A growing body of literature addresses the opportunities and...

Drawing on institutional theory and using a methodology adapted from the Global Entrepreneurship Monitor (GEM), early stage entrepreneurial activities are examined within American Indian nations. Examining a context within a larger institutional context, comparisons are made between three...

The informal economy consists of economic activities that occur outside of formal institutional boundaries but which remain within informal institutional boundaries for large segments of society. We draw from diverse disciplines to frame research concerning entrepreneurship in the informal...