Making Entrepreneurship Happen
Nine out of 10 entrepreneurial ventures fail. Success depends on many factors—from the creativity and resourcefulness of the entrepreneurs themselves (and the presence of supporting organizational partners) to the cultural, social and economic factors that can make or break new ventures and industries.
Research on entrepreneurship has focussed on individual entrepreneurs and organizations, including how to manage start-ups. But much less is known about how industry- and society-level factors—such as institutions, policies and cultures—can affect entrepreneurs’ success or failure.
Entrepreneurship is a multi-level social process. Recognizing this fact, research on institutions and entrepreneurship has explored different facets of entrepreneurial activity at the micro-, meso- and macro-organizational levels, with particular focus on cross-level interactions within the social system. But Dr. Alex Bitektine, Canada Research Chair in Institutions and Strategic Entrepreneurship, is particularly interested in how institutions influence creativity and other micro-level factors that support entrepreneurship. He is also looking at the strategies entrepreneurs use to gain legitimacy, and the institutional and structural constraints and enablers of entrepreneurial activity.
By better understanding what fuels entrepreneurship and what makes start-ups survive and thrive, Bitektin’s research can provide important insights for policy-makers, entrepreneurs and stakeholders. It can also improve the quality of their decisions. Informed decision-making in this area is essential if we want to support innovation that will lead to new technologies, generate economic growth and create jobs.