Emerging Economies, Institutional Voids, and Innovation Drivers

A Study in India

Jaap Voeten, Abrar Ali Saiyed, Dev K. Dutta

Research output: Working paperOther research output

159 Downloads (Pure)

Abstract

Research has highlighted the importance of the institutional context on innovation and entrepreneurship. The focus of this qualitative research was to study small and medium enterprises (SMEs) in the manufacturing sector in India with the purpose of understanding how institutional voids affect the drivers of innovation. We find that in presence of regulatory institutional voids such as an absence of explicit innovation policy frameworks, technical support and information, trusted government administration and safety nets, and formal finance institutions, SME entrepreneurs take recourse to a range of normative and cognitive institutions to support their innovation goals. Specifically, the SMEs owners use local cultural norms and public awareness as reference framework as well as international quality norms standards. Moreover, information is sourced via informal ties and networks in the personal sphere and business contacts, both locally and internationally. A last critical norm observed is to function independently as an entrepreneur, while not engaging with regulatory institutions.
Original languageEnglish
Place of PublicationTilburg
PublisherTilburg University
Number of pages40
Publication statusPublished - Jan 2018

Publication series

NameDFID Working Paper

Fingerprint

India
Small and medium-sized enterprises
Innovation
Emerging economies
Entrepreneurs
Institutional context
Finance
Innovation policy
Manufacturing sector
Qualitative research
Owners
Government
Entrepreneurship
Safety net

Cite this

Voeten, J., Saiyed, A. A., & Dutta, D. K. (2018). Emerging Economies, Institutional Voids, and Innovation Drivers: A Study in India. (DFID Working Paper). Tilburg: Tilburg University.
Voeten, Jaap ; Saiyed, Abrar Ali ; Dutta, Dev K. / Emerging Economies, Institutional Voids, and Innovation Drivers : A Study in India. Tilburg : Tilburg University, 2018. (DFID Working Paper).
@techreport{2f47f71d66864e5e8d6863ff75887397,
title = "Emerging Economies, Institutional Voids, and Innovation Drivers: A Study in India",
abstract = "Research has highlighted the importance of the institutional context on innovation and entrepreneurship. The focus of this qualitative research was to study small and medium enterprises (SMEs) in the manufacturing sector in India with the purpose of understanding how institutional voids affect the drivers of innovation. We find that in presence of regulatory institutional voids such as an absence of explicit innovation policy frameworks, technical support and information, trusted government administration and safety nets, and formal finance institutions, SME entrepreneurs take recourse to a range of normative and cognitive institutions to support their innovation goals. Specifically, the SMEs owners use local cultural norms and public awareness as reference framework as well as international quality norms standards. Moreover, information is sourced via informal ties and networks in the personal sphere and business contacts, both locally and internationally. A last critical norm observed is to function independently as an entrepreneur, while not engaging with regulatory institutions.",
author = "Jaap Voeten and Saiyed, {Abrar Ali} and Dutta, {Dev K.}",
year = "2018",
month = "1",
language = "English",
series = "DFID Working Paper",
publisher = "Tilburg University",
type = "WorkingPaper",
institution = "Tilburg University",

}

Voeten, J, Saiyed, AA & Dutta, DK 2018 'Emerging Economies, Institutional Voids, and Innovation Drivers: A Study in India' DFID Working Paper, Tilburg University, Tilburg.

Emerging Economies, Institutional Voids, and Innovation Drivers : A Study in India. / Voeten, Jaap; Saiyed, Abrar Ali; Dutta, Dev K.

Tilburg : Tilburg University, 2018. (DFID Working Paper).

Research output: Working paperOther research output

TY - UNPB

T1 - Emerging Economies, Institutional Voids, and Innovation Drivers

T2 - A Study in India

AU - Voeten, Jaap

AU - Saiyed, Abrar Ali

AU - Dutta, Dev K.

PY - 2018/1

Y1 - 2018/1

N2 - Research has highlighted the importance of the institutional context on innovation and entrepreneurship. The focus of this qualitative research was to study small and medium enterprises (SMEs) in the manufacturing sector in India with the purpose of understanding how institutional voids affect the drivers of innovation. We find that in presence of regulatory institutional voids such as an absence of explicit innovation policy frameworks, technical support and information, trusted government administration and safety nets, and formal finance institutions, SME entrepreneurs take recourse to a range of normative and cognitive institutions to support their innovation goals. Specifically, the SMEs owners use local cultural norms and public awareness as reference framework as well as international quality norms standards. Moreover, information is sourced via informal ties and networks in the personal sphere and business contacts, both locally and internationally. A last critical norm observed is to function independently as an entrepreneur, while not engaging with regulatory institutions.

AB - Research has highlighted the importance of the institutional context on innovation and entrepreneurship. The focus of this qualitative research was to study small and medium enterprises (SMEs) in the manufacturing sector in India with the purpose of understanding how institutional voids affect the drivers of innovation. We find that in presence of regulatory institutional voids such as an absence of explicit innovation policy frameworks, technical support and information, trusted government administration and safety nets, and formal finance institutions, SME entrepreneurs take recourse to a range of normative and cognitive institutions to support their innovation goals. Specifically, the SMEs owners use local cultural norms and public awareness as reference framework as well as international quality norms standards. Moreover, information is sourced via informal ties and networks in the personal sphere and business contacts, both locally and internationally. A last critical norm observed is to function independently as an entrepreneur, while not engaging with regulatory institutions.

M3 - Working paper

T3 - DFID Working Paper

BT - Emerging Economies, Institutional Voids, and Innovation Drivers

PB - Tilburg University

CY - Tilburg

ER -

Voeten J, Saiyed AA, Dutta DK. Emerging Economies, Institutional Voids, and Innovation Drivers: A Study in India. Tilburg: Tilburg University. 2018 Jan. (DFID Working Paper).