Uncovering the institutional antecedents of entrepreneurial orientation in necessity entrepreneurship: Evidence from rural Angola
摘要
We bridge the gap between the economic and sociological approaches to institutional theory and contribute to the literature on necessity entrepreneurship by examining institutional trust as the antecedent of entrepreneurial orientation and the moderating effect of environmental uncertainty, munificence, and entrepreneurs’ political affiliation in sub-Saharan Africa. Regression analysis of survey data collected from rural farm entrepreneurs in Angola, Africa, shows that the relationship between institutional trust and entrepreneurial orientation (EO) becomes significant with the moderation of environmental munificence, uncertainty, and political affiliation. Our findings have practical implications for governments and entrepreneurs in necessity-driven contexts.