Strategies for Creating New Business, a Sociocultural and Institutional Approach
DOI:
https://doi.org/10.12775/EQUIL.2013.005Keywords:
entrepreneur, company, socio-cultural approach, theories on the creation of companiesAbstract
This paper aims to summarize the main theories from socio-cultural or institutional approach to encourage the creation of new businesses. Given this context, it raised the importance of theoretical study of the factors that influence decision making in the development of new businesses and how it affects the environment in which they operate the same business. The research method used was to review the existing literature by analyzing the major theories involved in the creation of companies, emphasizing the socio-cultural approach. The analysis concludes the activity of entrepreneurship to encouraging the creation of companies, being an important factor in economic development.
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References
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Sobel R.S. (2008), Testing Baumol: Institutional quality and the productivity of entrepreneurship, ?Journal of Business Venturing?, Vol. 23, No. 6. DOI: http://dx.doi.org/10.1016/j.jbusvent.2008.01.004
Szarka J. (1990), Networking and small firms, ?International Small Business Journal?, No. 2. DOI: http://dx.doi.org/10.1177/026624269000800201
Tervo H. (2006), Regional unemployment, self-employment and family background, ?Applied Economics?, Vol. 38, No. 9. DOI: http://dx.doi.org/10.1080/00036840500400053
Veblen T. (1904), The theory of business enterprise, New York.
Veciana J.M. (1988), Empresario y proceso de creación de empresas, ?Revista Económica de Catalu?a?, No. 8.
Veciana J.M. (1999), Creación de Empresas como programa de investigación Científica, ?Revista Europea de Dirección y Economía de la Empresa?, Vol. 8.
Amit R., Glosten L., Muller E. (1993), Challenges to Theory Development in Entrepreneurship Research, ?Journal of Management Studies?, Vol. 30, No. 5. DOI: http://dx.doi.org/10.1111/j.1467-6486.1993.tb00327.x
Baumol W.J. (1993), Entrepreneurship: productive, unproductive and destructive. Entrepreneurship, Management, and the Structure of Payoffs, MIT Pres, Cambridge. DOI: http://dx.doi.org/10.1086/261712
Baumol W.J. (2002), The Free market Innovation Machine: Analyzing the Growth Miracle of Capitalism, Princeton University Press, Princeton, NJ.
Birley S. (1985), The role of Networks in the entrepreneurial process, ?Journal of Business Venturing?, Vol. 1. DOI: http://dx.doi.org/10.1016/0883-9026(85)90010-2
Boettke P.J., Coyne C. (2006), Entrepreneurial behavior and institutions [in:] M. Minniti (ed.), Entrepreneurship: The Engine of Growth Perspective Series, Vol. 1. Greenwood Publishing.
Brunet I., y Alarcón A. (2004), Teorías sobre la figura del emprendedor, Papers 73.
Bryson J, Wood P., Keeble D. (1993), Business networks, small firm flexibility and regional development in UK business services, ?Entrepreneurship and Regional Development?, Vol. 5. DOI: http://dx.doi.org/10.1080/08985629300000016
Bygrave W. (1993), Theory building in the entrepreneurship paradigm, ?Journal of Business Venturing?, No. 8. DOI: http://dx.doi.org/10.1016/0883-9026(93)90031-Y
Collins O.F., Moore D.G., Unwala D.B. (1964), The organization makers: a behavioral study of independent entrepreneurs, Meredith, New York.
Commons J.R. (1959), Institutional Economics, The University of Wisconsin Press, Madison.
Curran J., Jarvis R., Blackburn R., Black S. (1993), Networks and small firms: constructs, methodological strategies and some findings, ?International Small Business Journal?, Vol. 11, No. 2. DOI: http://dx.doi.org/10.1177/026624269301100202
Fernández E.Y, Junquera B. (2001), Factores determinantes en la creación de empresas: una revisión de la literatura, ?Papers de Economía Espa?ola?, No. 89-90.
Hannan M., Freeman J.H. (1977), The population ecology of organizations, ?American Journal of Sociology?, Vol. 82, No. 5. DOI: http://dx.doi.org/10.1086/226424
North D.C. (1990), Institutions, Institutional Change, and Economic Performance, Cambridge University Press, Cambridge.
North D.C. (1993a), Economic Performance through Time, Prize Lecture to the memory of Alfred Nobel, Abril 2002. Obtenido Mayo 13, 2012, de http://members.shaw.ca/compilerpress1/Anno%20North%20Econ%20Perform% 20thru%20Time.htm#Douglas.
North, D. C. (1993), Instituciones, Cambio Institucional y Desempe?o Económico, México, Fondo de Cultura Económica.
Nueno P. (1996), Evolución de los conceptos de management, ?Management Review?, No. 1.
OCDE (1999), Estimular el espíritu empresarial, OCDE, París.
Peng M. (2010), Estrategia global, Cengage Learning Editores, S.A. de C.V, México.
Santos Cumplido F.J. (1998), La Teoría de la Función Empresarial: Una aproximación cualitativa al empresario sevillano, Tesis Doctoral . Universidad de Sevilla.
Shapero A. (1982), Social Dimensions of Entrepreneurship [in:] C. Kent et al. (eds.), The Encyclopedia of Entrepreneurship, Englewood Cliffs, NJ: Prentice Hall.
Sobel R.S. (2008), Testing Baumol: Institutional quality and the productivity of entrepreneurship, ?Journal of Business Venturing?, Vol. 23, No. 6. DOI: http://dx.doi.org/10.1016/j.jbusvent.2008.01.004
Szarka J. (1990), Networking and small firms, ?International Small Business Journal?, No. 2. DOI: http://dx.doi.org/10.1177/026624269000800201
Tervo H. (2006), Regional unemployment, self-employment and family background, ?Applied Economics?, Vol. 38, No. 9. DOI: http://dx.doi.org/10.1080/00036840500400053
Veblen T. (1904), The theory of business enterprise, New York.
Veciana J.M. (1988), Empresario y proceso de creación de empresas, ?Revista Económica de Catalu?a?, No. 8.
Veciana J.M. (1999), Creación de Empresas como programa de investigación Científica, ?Revista Europea de Dirección y Economía de la Empresa?, Vol. 8.
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Published
31-03-2013
Issue
Section
Chosen Determinants of Economic Development
How to Cite
Vargas-Hernandez, J. G. (2013). Strategies for Creating New Business, a Sociocultural and Institutional Approach. Equilibrium. Quarterly Journal of Economics and Economic Policy, 8(1), 81-90. https://doi.org/10.12775/EQUIL.2013.005
