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Author: | Manolova, T. S. Yan, A. |
Title: | Institutional Constraints and Entrepreneurial Responses in a Transforming Economy: The Case of Bulgaria |
Journal: | International Small Business Journal
2002 : MAY, VOL. 20:2, p. 163-184 |
Index terms: | ECONOMICS ENTREPRENEURSHIP INSTITUTIONS CHANGE |
Language: | eng |
Abstract: | Previous research on entrepreneurship has largely focused on start-up firms in the relatively stable environment of developed economies, whereas scholarship on transforming economies has paid primary attention to large and established firms. Entrepreneurial efforts in a turbulent institutional environment during the radical reforms in the formerly centrally planned economies are still relatively understudied. Using a comparative case study method, this study examined how the reforming institutional environment in Bulgaria influenced the strategic behavior of entrepreneurial firms. The authors identified the key institutional entities/agents the major characteristics of the institutional environment, and analyzed the strategic responses of the entrepreneurial companies. |
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