Place in Entrepreneurial Storytelling: A Study of Cultural Entrepreneurship in a Deprived Context

We extend the cultural entrepreneurship perspective by investigating how entrepreneurs in deprived contexts gain legitimacy by leveraging proprietary and public places in their entrepreneurial storytelling. Inspired by the sociology of place, we present a longitudinal study of ten new venture journe...

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Bibliographic Details
Published in:Journal of management studies Vol. 61; no. 3; pp. 1036 - 1073
Main Authors: Kimmitt, Jonathan, Kibler, Ewald, Schildt, Henri, Oinas, Päivi
Format: Journal Article
Language:English
Published: Oxford Blackwell Publishing Ltd 01.05.2024
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ISSN:0022-2380, 1467-6486
Online Access:Get full text
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Summary:We extend the cultural entrepreneurship perspective by investigating how entrepreneurs in deprived contexts gain legitimacy by leveraging proprietary and public places in their entrepreneurial storytelling. Inspired by the sociology of place, we present a longitudinal study of ten new venture journeys over four years in Kasoa, Ghana. We identify three distinct ways places are used in entrepreneurial narratives: projective significance of place, connective significance of place, and authoritative significance of place. We show how impoverished entrepreneurs construct and communicate places in diverse ways, not only as locations, but also as material and symbolic resources that provide legitimacy for their venturing activities. Drawing from our findings, we generate a model of place‐based cultural entrepreneurship and elaborate place as a central resource in cultural entrepreneurship and new venture creation in deprived contexts.
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ISSN:0022-2380
1467-6486
DOI:10.1111/joms.12912