New venture evolution of migrants under institutional voids: Lessons from Shonga Farms in Nigeria

Tomasz Mickiewicz; Tolu I.A. Olarewaju

doi:10.1177/0266242619896266

New venture evolution of migrants under institutional voids: Lessons from Shonga Farms in Nigeria

Research output: Contribution to journal › Article › peer-review

Abstract

This article inductively builds theory on how transaction costs may be alleviated and institutional voids bridged in developing economies, based on the case study of successful migrant entrepreneurial involvement in Nigerian agriculture: Shonga Farms. We argue that the iterative process of building conditions of trust through long-term commitment, involvement of regional government, appropriate modes of financial contracts and the gradual transitioning of controlling interests to private actors are factors of success. We draw additional lessons by contrasting our case study with other similar migrant schemes that have failed.

Original language	English
Pages (from-to)	404-423
Number of pages	20
Journal	International Small Business Journal
Volume	38
Issue number	5
Early online date	11 Jan 2020
DOIs	https://doi.org/10.1177/0266242619896266
Publication status	Published - 1 Aug 2020

Bibliographical note

Keywords

Nigeria
agriculture
institutional voids
migrant entrepreneurship
public–private partnership
transaction costs

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10.1177/0266242619896266

New venture evolution of migrants under institutional voids
© Sage 2020. The final publication is available via Sage at http://dx.doi.org/10.1177/0266242619896266
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Cite this

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abstract = "This article inductively builds theory on how transaction costs may be alleviated and institutional voids bridged in developing economies, based on the case study of successful migrant entrepreneurial involvement in Nigerian agriculture: Shonga Farms. We argue that the iterative process of building conditions of trust through long-term commitment, involvement of regional government, appropriate modes of financial contracts and the gradual transitioning of controlling interests to private actors are factors of success. We draw additional lessons by contrasting our case study with other similar migrant schemes that have failed.",

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AB - This article inductively builds theory on how transaction costs may be alleviated and institutional voids bridged in developing economies, based on the case study of successful migrant entrepreneurial involvement in Nigerian agriculture: Shonga Farms. We argue that the iterative process of building conditions of trust through long-term commitment, involvement of regional government, appropriate modes of financial contracts and the gradual transitioning of controlling interests to private actors are factors of success. We draw additional lessons by contrasting our case study with other similar migrant schemes that have failed.

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New venture evolution of migrants under institutional voids: Lessons from Shonga Farms in Nigeria

Abstract

Bibliographical note

Keywords

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