The best of both worlds: how rural entrepreneurs use placial embeddedness and strategic networks to create opportunities
By S. Korsgaard, Richard Ferguson, Johan Gaddefors. 2015
269 citations recorded by the source corpus.
Entrepreneurial activities are strongly influenced by the context in which they occur. It is therefore imperative to understand how different contexts enable entrepreneurs to create opportunities. In this paper, we focus on the spatial context of rural entrepreneurs and explore how the rural context impacts on their opportunity creation. Based on a multiple case study, we find that rural entrepreneurs mix what we refer to as placial embeddedness – an intimate knowledge of and concern for the place – with strategically built non-local networks, i.e. the best of two worlds. Notably, the entrepreneurs seek to exhaust the localized resource base before seeking out non-local resources. Our findings thus contribute to our understanding of entrepreneurship in context and challenge future research to explore how different forms of contexts are bridged in different settings to create varieties of entrepreneurial activities.
Subfields: Business and International Management, Management of Technology and Innovation, Organizational Behavior and Human Resource Management
View Paper: https://www.semanticscholar.org/paper/f581e896c696491eddb02e59c3d63079f0a64a1e
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Business and International Management
In Management of Technology and Innovation
In Organizational Behavior and Human Resource Management
Citations in the corpus
- Resources and bridging: the role of spatial context in rural entrepreneurship (2018, background): “Phelps, Fallon, and Williams (2001) conceptualize the support from local communities as ‘borrowed size’, while the concern and care shown for the local place has been referred to as placial embeddedness (Korsgaard, Ferguson, and Gaddefors 2015) or sense of place (Kibler et al. 2015).”