Mair, J., & Marti, I. (2009). Entrepreneurship in and around institutional voids- A case study from Bangladesh. Journal of business venturing, 24(5), 419-435

Question 1

What do institutional voids refer to?

Answer 1

A lack or ineffective institutional support for markets, but no complete absence of institutions.

Question 2

When government structures are weak or corrupt, what might happen?

Answer 2

Business groups may step in to fill the void, especially if profitable

Question 3

What is an institutional entrepreneur?

Answer 3

Institutional entrepreneurs are often characterized by their ability to see and act upon opportunities that others don’t, much like other types of entrepreneurs. However, instead of simply creating new products or services, they aim to change or create systems that affect large numbers of people.

Question 4

What are two forms of bricolage?

Answer 4

“parallel” applied widely and regularly but can hinder growth

“selective” careful and flexible use that can spur growth