Indigenous Development and the Cultural Captivity of Entrepreneurship

36 Pages Posted: 21 May 2010

See all articles by Ana Maria Peredo

Ana Maria Peredo

University of Victoria

Murdith McLean

University of Victoria

Date Written: May 15, 2009

Abstract

We use a critical discussion of contributions by Karl Polanyi and Robert Heilbroner to argue that thinking about entrepreneurship as a potential instrument of relief from endemic poverty and disadvantage, especially amongst the indigenous, has all too often been captive to a concept of entrepreneurship that is built out of constrained economic and cultural assumptions. The result is that approaches to venture have been encouraged that are sometimes a poor fit for the circumstances of those they are meant to benefit, and other forms that could have considerable promise have gone unexplored. We outline some features of indigenous culture, and build upon the analysis of David Harper to construct of notion of entrepreneurship that allows for these distinctive features. We conclude that research, and policy-making, concerning entrepreneurship as an instrument of development among the indigenous need to be undertaken with a re-constructed understanding of entrepreneurship that is a better fit for the realities of indigenous culture.

Keywords: Indigenous entrepreneurship, entrepreneurship, business and culture, embeddedness

Suggested Citation

Peredo, Ana Maria and McLean, Murdith, Indigenous Development and the Cultural Captivity of Entrepreneurship (May 15, 2009). Available at SSRN: https://ssrn.com/abstract=1612476 or http://dx.doi.org/10.2139/ssrn.1612476

Ana Maria Peredo (Contact Author)

University of Victoria ( email )

3800 Finnerty Rd
Victoria, British Columbia V8P 5C2
Canada

Murdith McLean

University of Victoria ( email )

3800 Finnerty Rd
Victoria, British Columbia V8P 5C2
Canada

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