DOLFSMA, W. and DE LANOY, F., 2016. Outside vs. inside entrepreneurs - When institutions bind and favors blind. Journal of Economic Issues, 50 (2), pp. 382-389.
In some societies outside-entrepreneurs are more active than community-inside entrepreneurs. Institution, and relationships entrepreneurs entertain may hamper insiders from starting or succeeding. Institutional economics and anthropology suggest that, rather than outside-entrepreneurs having more resources, inside-entrepreneurs may be hampered by a community’s institutions that blind and social relations that bind. Outsiders may, however be less inclined to generate societal value.
This is an Accepted Manuscript of an article published by Taylor & Francis in Journal of Economic Issues on 12 May 2016, available online: http://dx.doi.org/10.1080/00213624.2016.1176483