Technology entrepreneurship in the context of institutional voids: lessons from a BoP context

Rifat Sharmelly, Nitish Patidar and Mohammad Niamat Elahee

International Journal of Business and Systems Research, 2022, vol. 16, issue 1, 1-39

Abstract: Bottom of the pyramid (BoP) markets are characterised by the presence of institutional voids. This study assesses the impact of institutional voids on the emergence and growth of technology entrepreneurships. This study investigates the evidence on technology-based entrepreneurial activities in the healthcare sector of Bangladesh, which is plagued by the incapacity of the state to ensure a functioning healthcare infrastructure. Drawing on institutional theory and technology entrepreneurship, this study posits that while the high degree of institutional voids and uncertainties in BoP markets create barriers for entrepreneurship, they also provide opportunities for technology entrepreneurships. Our analysis shows the technology enabled healthcare ventures have increased accessibility and improved healthcare outcomes for the underserved or completely unserved population in Bangladesh. This paper identifies the institutional voids classified according to Scott's (2001) taxonomy of 'three institutional pillars' and associated institutional mechanisms. The findings have important implications for theory development and policy formulation.

Keywords: bottom of the pyramid market; institutional theory; institutional voids; technology entrepreneurship; healthcare sector; Bangladesh. (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=119617 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbsre:v:16:y:2022:i:1:p:1-39

Access Statistics for this article

More articles in International Journal of Business and Systems Research from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().