A Context-Choice Model of Niche Entrepreneurship

David B. Audretsch, Erik E. Lehmann and Julian Schenkenhofer

Entrepreneurship Theory and Practice, 2021, vol. 45, issue 5, 1276-1303

Abstract: Entrepreneurship research has gravitated towards a singular focus on the Silicon Valley model as the standard model of entrepreneurship. By contrast, some entrepreneurship scholars have more recently suggested embracing entrepreneurship as diverse and colorful. We build on this latter stream of literature by analyzing the diversity of entrepreneurship from complementary institutional arrangements inherent in national economies. Drawing from Robert’s (2004) model of complementarities between context and organizational choice variables, we analyze the contextualization of diverging entrepreneurship models. Our findings indicate that some economies are complementary to a specialized niche strategy, while others instead promote a scalable mass-market manifestation of entrepreneurship.

Keywords: contextualization; entrepreneurship; niche entrepreneurship; silicon valley entrepreneurship (search for similar items in EconPapers)
JEL-codes: L26 M1 P51 Z10 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:45:y:2021:i:5:p:1276-1303

DOI: 10.1177/1042258720936042

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