Trade associations as indigenous institutions: exploring trust and entrepreneurial behaviour in challenging institutional environments

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    Abstract

    This paper examines the institutional logics shaping entrepreneurial behaviour. It investigates how institutional contexts affect entrepreneurial behaviour especially in challenging environments. By drawing on a rich empirical study of small and medium-sized enterprises (SMEs), the paper uncovers how indigenous institutional forms such as trade associations have evolved to replace dysfunctional formal institutions. The institutional logics perspective was useful in understanding the effects of culture on trade associations. Our interview data reveal how entrepreneurs take advantage of institutional-based trust to enforce trade agreements in the absence of formal institutional trust. The paper contributes to the field of entrepreneurship concerning SMEs and trade associations, by examining issues in relation to economic-institutional contexts that have been largely neglected.
    Original languageEnglish
    Title of host publicationAcademy of Management Proceedings
    PublisherBritish Academy of Management
    Edition1
    DOIs
    Publication statusPublished - 1 Aug 2021
    EventThe 81st Annual Meeting of the Academy of Management: Bringing the Manager Back in Management - Online, United Kingdom
    Duration: 30 Jul 20213 Aug 2021
    https://aom.org/events/annual-meeting/past-annual-meetings/2021-bringing-the-manager-back-in-management

    Publication series

    NameAcademy of Management Proceedings
    PublisherBritish Academy of Management
    Number1
    Volume2021
    ISSN (Print)0065-0668
    ISSN (Electronic)2151-6561

    Conference

    ConferenceThe 81st Annual Meeting of the Academy of Management
    Abbreviated titleAOM 2021
    Country/TerritoryUnited Kingdom
    Period30/07/213/08/21
    Internet address

    Keywords

    • institutions
    • trust
    • SMEs
    • trade associations
    • culture

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