Authors: Léo-Paul Dana
Addresses: Groupe Sup de Co Montpellier Business School, 2300 avenue des Moulins, Montpellier, France
Abstract: Indigenous entrepreneurship is among the youngest fields of academic research, revealing that some cultural values are incompatible with the basic assumptions of mainstream theories of entrepreneurship. Social organisation among indigenous peoples is often based on kinship ties, not necessarily created in response to market needs. In contrast to Western-style capitalism, some indigenous economies display elements of egalitarianism, sharing and communal activity. Indigenous entrepreneurship often relies on immediately available resources, and consequently, work in indigenous communities may be less regular than is the case among mainstream societies. Much entrepreneurial activity among indigenous people involves internal economic activity with no transaction, while transactions often take place in the bazaar and in the informal sector, where enterprises often have limited inventory.
Keywords: opportunity identification; indigenous entrepreneurship; indigenous peoples; entrepreneurial activity.
International Journal of Business and Globalisation, 2015 Vol.14 No.2, pp.158 - 169
Available online: 11 Feb 2015 *Full-text access for editors Access for subscribers Purchase this article Comment on this article