Collective Efficacy of a Regional Network: Extending the Social Embeddedness Perspective of Entrepreneurship
Nabeel Muhammad and
Leo Dana
MPRA Paper from University Library of Munich, Germany
Abstract:
Through participatory observation and in-depth interviews with members of the Memon community, in Pakistan, this paper probes into how the collective efforts of a regional network can facilitate entrepreneurship, social enterprises and regional development. The setting is a developing country that is lacking a large-scale entrepreneurial culture. Despite caste differences, Memons throughout the Karachi region meet and share experiences with other Memon members of their network – including Memons from unlike castes. Within this regional network Memons help one another. They give preferential treatment to other Memons of their regional network and sometimes also to co-ethnics from other regional networks. Entrepreneurship is encouraged by a collective effort without suppressing individual goals; this extends the social embeddedness perspective of entrepreneurship allowing for a collective efficacy along a regional network, facilitating entrepreneurship among individuals.
Keywords: collective efficacy; community; cultural capital; entrepreneurship; Memon; Pakistan; participatory observation; regional development; regional network (search for similar items in EconPapers)
JEL-codes: I25 L26 L31 N0 Q01 R11 (search for similar items in EconPapers)
Date: 2015-10
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino, nep-net and nep-soc
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:70120
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