Ethnic business failure: a scarcity mind-set perspective

Emeka Oruh, David Sarpong, Mairi Maclean, David Botchie

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

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    Abstract

    We integrate insights from the psychological concept of ‘scarcity mindset’ and mixed embeddedness to theorise ethnic venture failure. We explore the sentiments and choices of UK-based ethnic entrepreneurs to theorise the ‘cause-of-death' of their unsuccessful ventures. The scarcity mind-set lens we develop suggests the constraints of ‘having too little’ can induce four organising tensions – spatial spawning, ethnic embeddedness, dispositional optimism, and service nepotism – which operate in combination or serially to precipitate ethnic venture failure. We contribute to research on conflicting demands in entrepreneurship by finding that a paucity of resources stymies the conversion of contradictory yet mutually constituting demands into productive outcomes. In this way, we illuminate contextualised entrepreneurial organising demands that require reconciliation to capture value. In advocating the purposeful pursuit of paradoxes as a means of addressing failure, our study analyses stories of unsuccessful ventures in ways that explicitly acknowledge enduring inequalities within markets and society at-large
    Original languageEnglish
    Title of host publicationEthnic Business Failure: A Scarcity Mind-set Perspective
    PublisherBritish Academy of Management
    Publication statusPublished - 5 Sep 2019
    EventBAM Annual Conference 2019: Building and Sustaining High Performance Organisations in uncertain times: challenges and opportunities - Aston Business School, Birmingham , United Kingdom
    Duration: 3 Sep 20195 Sep 2019
    https://www.bam.ac.uk/civicrm/event/info?id=3502

    Conference

    ConferenceBAM Annual Conference 2019: Building and Sustaining High Performance Organisations in uncertain times: challenges and opportunities
    Country/TerritoryUnited Kingdom
    CityAston Business School, Birmingham
    Period3/09/195/09/19
    Internet address

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