While extant research recognizes the importance of collective action for market formation, it provides little understanding about when and to what extent collective action is important. In this paper, we develop a novel theoretical framework detailing what collective action problems and...

Entrepreneurs are often viewed as uniquely positioned to address neglected social problems, and sustainable entrepreneurship in particular has been presented as the ‘green panacea’ that will put us on a path to mitigate climate change and other sustainability challenges. However, sustainable...

While extant literature recognizes the central role of collective action in market formation, it undertheorizes the existence of collective action dilemmas and their impact on successful market emergence. We redress this gap by examining the central mechanisms governing the existence and...