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Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables … regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public … of entrepreneurship. …
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Institutional entrepreneurship comprises the activities of agents who disrupt existing social institutions or create … institutional entrepreneurship has produced a large number of scholarly publications, especially in the last five years. As a … entrepreneurship has stronger ties to organization studies than to entrepreneurship research. Additionally, a large body of literature …
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Using data from 325 Romanian SMEs, we test the joint effect of perceived opportunities and threats in a situation of macro institutional change on strategic orientations. Our findings show that perceived threats moderate the impact of perceived opportunities on SMEs strategic orientation in such...
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