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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