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The entrepreneurial process: An institutional perspective


  • Ahmadi, Ahmad

    () (Department of Business Administration, School of Economics and Commercial Law, Göteborg University)


The aim of this paper is to discuss the process of development of the firm in interaction with its institutional environment, which I call the entrepreneurial process. This can be studied in three phases, i.e. initiating phase, establishment phase and growth phase. I am going to present a model, describing the entrepreneurial process and try to explain the co-relation and interaction between economic performance, formal institutions and informal constraints. I will first describe some institutional factors, second, a theoretical discussion; while also presenting a model. Third, accounts of two companies. Analysis,discussion, and conclusions appear in part four.

Suggested Citation

  • Ahmadi, Ahmad, 2003. "The entrepreneurial process: An institutional perspective," FE rapport 2003-396, University of Gothenburg, Department of Business Administration.
  • Handle: RePEc:hhb:gunwba:2003_396

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    References listed on IDEAS

    1. Henrekson, Magnus, 2001. "Institutionella förutsättningar för entreprenörskap och företagstillväxt," SSE/EFI Working Paper Series in Economics and Finance 421, Stockholm School of Economics.
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    Cited by:

    1. Esteban Lafuente & Yancy Vaillant & Josep Rialp, 2007. "Regional Differences in the Influence of Role Models: Comparing the Entrepreneurial Process of Rural Catalonia," Regional Studies, Taylor & Francis Journals, vol. 41(6), pages 779-796.
    2. David Urbano & Nuria Toledano & Domingo Ribeiro, 2008. "Support policy for the tourism business: a comparative case study in Spain," The Service Industries Journal, Taylor & Francis Journals, vol. 30(1), pages 119-131, June.

    More about this item


    The entrepreneurial process; entrepreneurship; institutions; informal and formal institutional theory; organization; culture; structure; the enterprise development process; enterprise growth phases; growth and institutions;

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