Basu, S, Munjal, S orcid.org/0000-0002-8713-687X, Budhwar, P et al. (1 more author) (2022) Entrepreneurial Adaptation in Emerging Markets: Strategic Entrepreneurial Choices, Adaptive Capabilities and Firm Performance. British Journal of Management, 33 (4). pp. 1864-1886. ISSN 1045-3172
Abstract
Sustaining entrepreneurship in resource-constrained and institutionally weak emerging markets (EMs) poses theoretical and practical challenges. We address some of these challenges by adopting a middle-range theoretical approach and proposing the concept of ‘entrepreneurial adaptation’ (EA). Complementing the concept of entrepreneurial mindset and subsuming those of strategic orientation and adaptive capabilities, we posit that EA consists of a set of cognitively derived, action-oriented strategic entrepreneurial choices that foster certain dimensions of adaptive capabilities which in turn sustain entrepreneurship in EMs. We empirically test our hypotheses on a proprietary survey-based dataset of 219 Indian firms and contribute to the extant literature by proposing a model of EA, besides suggesting an alternative bridge to the two disciplines of entrepreneurship and strategy.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2021 British Academy of Management and Wiley Periodicals LLC. This is the peer reviewed version of the following article: Basu, S., Munjal, S., Budhwar, P. and Misra, P. (2022), Entrepreneurial Adaptation in Emerging Markets: Strategic Entrepreneurial Choices, Adaptive Capabilities and Firm Performance. Br. J. Manag., 33: 1864-1886. https://doi.org/10.1111/1467-8551.12572, which has been published in final form at https://doi.org/10.1111/1467-8551.12572. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. This article may not be enhanced, enriched or otherwise transformed into a derivative work, without express permission from Wiley or by statutory rights under applicable legislation. Copyright notices must not be removed, obscured or modified. The article must be linked to Wiley’s version of record on Wiley Online Library and any embedding, framing or otherwise making available the article or pages thereof by third parties from platforms, services and websites other than Wiley Online Library must be prohibited. |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > International Business Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 16 Nov 2021 10:46 |
Last Modified: | 14 Dec 2023 01:13 |
Status: | Published |
Publisher: | Wiley |
Identification Number: | 10.1111/1467-8551.12572 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:180300 |