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Cheung, C; Kwong, C (2017)
Publisher: SAGE Publications
Languages: English
Types: Article
Subjects:
Studies have previously examined the path development of entrepreneurs within a penurious environment but what if their path encounters a conflict situation? Does it make the place even more resource-poor and subsequently squeeze out any remaining life from entrepreneurism? Utilising Isaksen’s (2014) characterisation of path-dependence, we intend to examine how entrepreneurs negotiate their path through the ‘double whammy’ of penurious environment and conflict. Through an event-based approach examining the entrepreneurial paths of three wartime entrepreneurs, our study indicates that, whilst the immediate aftermath is chaos leading to limited path-extension and even path-exhaustion, once the initial fog is clear, entrepreneurial individuals find different ways to adapt, not only through path-extension, but also through path-renewal and path-creation. These opportunities are place-dependent, the recognition of which requires considerable local knowledge and resources acquired through experience and prior local investment as well as interdependent networks.
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