IDEAS home Printed from https://ideas.repec.org/a/wsi/jdexxx/v26y2021i02ns1084946721500102.html
   My bibliography  Save this article

A System-Level View Of Institutions: Considerations For Entrepreneurship And Poverty

Author

Listed:
  • JUSTIN W. WEBB

    (Belk College of Business, University of North Carolina at Charlotte, 9201 University City Blvd, Charlotte, NC 28223, USA)

Abstract

Poverty levels represent an important indicator of economic development. A widely-held view among scholars is that formal institutions provide the foundation to support entrepreneurial activity that, when robust, can support economic development. Scholars typically examine the influence of specific formal institutions, such as property rights, tax policies, infrastructures, or otherwise. Herein, I seek to complement and build upon this extant research by elaborating a system-level view of institutions. Interfaces, tradeoffs and externalities are discussed as three key characteristics of institutional systems alongside system-level considerations for each of these characteristics (i.e., institutional coordination, cooperation and direction that can take place at interfaces; institutional imbalances that can occur with tradeoffs; and institutional ambiguities and territoriality that can exist because of externalities). I then describe how these system-level considerations influence entrepreneurial activities and the implications for poverty in two illustrative contexts: base-of-the-pyramid markets and entrepreneurial ecosystems. I conclude with a discussion of the intended contributions and implications of this work.

Suggested Citation

  • Justin W. Webb, 2021. "A System-Level View Of Institutions: Considerations For Entrepreneurship And Poverty," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 26(02), pages 1-26, June.
    • Handle: RePEc:wsi:jdexxx:v:26:y:2021:i:02:n:s1084946721500102
    DOI: 10.1142/S1084946721500102
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1084946721500102
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S1084946721500102?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lenz, Anna-Katharina & Sutter, Christopher & Goldszmidt, Rafael & Zucco, Cesar, 2021. "Venture distress and problemistic search among entrepreneurs in Brazilian favelas," Journal of Business Venturing, Elsevier, vol. 36(6).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jdexxx:v:26:y:2021:i:02:n:s1084946721500102. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jde/jde.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.