Abstract

Extant literature considerably documents the role of various types of entrepreneurship in the attainment of sustainable development. Research on institutional entrepreneurship—the process of creating new institutional frameworks or changing existing ones—however, has yet to generate convincing empirical evidence regarding the contextual antecedent factors of sustainability-oriented institutional entrepreneurship. Hence, this study investigates how national and cultural contextual factors affect engagement in institutional entrepreneurship to address climate change within voluntary carbon-offset markets. Results from event history analysis on a sample of 45 countries suggest that institutional entrepreneurship for sustainable development is more likely to emerge in contexts where regulations favor entrepreneurship; and, where culture is more long-term oriented.

THE JOURNAL OF SMALL BUSINESS MANAGEMENT (JSBM) AWARD FOR EXCELLENCE IN RESEARCH ON THE TOPIC OF PUBLIC POLICY

Share

COinS