Context Flashcards
Six types of context
Temporal Geographic institutional industry/ tech social organisational
The meaning of temporal context
Effects of time and history on organisation changes that have occurred in the enterprise over time
The meaning of geographic context
The location of enterprise and the favourable regulations and lows regions
In regards to geographic context what do enterprises look at when setting their location
Access to resources presence of stakeholders
What is meant by institutional context
Both informal and formal rules
What is meant by informal rules in regards to institutional context
Established norms cultures perception of legitimacy societal norms meaning example equality
What is meant by formal rules in regards to institutional context
Political and and economical rules governments regulatory bodies laws regulations rights
What is meant by industry technology context
Industry sectors and industry structures it affects entrepreneurial entry Affects behaviour of when an entrepreneur enters an industry
What is meant by social context
Where the enterprise operates and its networks
What network is the social context deal with
Relationships industry clusters Industry parks household family communities
What is meant by a organisational context
Cultures
practices
knowledge and skills within organisation
In regards to organisational culture what three things does organisational governance affect
Objectives re-sources capabilities
Contextual Influences on entrepreneurs behaviour
Career choices
