Rapid institutional shifts and the co-evolution of entrepreneurial firms in transition economies

  • Ahlstrom D
  • Bruton G
  • 120


    Mendeley users who have this article in their library.
  • 69


    Citations of this article.


Economies in transition such as Russia’s are among the world’s fastest growing. Entrepre- neurial firms in an environment like Russia’s face rapid and dramatic shifts in the institu- tional environment. These shifts represent significant challenges to entrepreneurial firms as they seek not only to survive but also to prosper in that environment by rapidly co-evolving with institutional changes. Prior research has focused on institutional change and its impact in developed economies. But the rate of evolution of institutions in transition economies tends to be faster and less predictable. This article reports a longitudinal study of high technology entrepreneurial firms in Russia employing a grounded theory methodology to understand how entrepreneurial ventures co-evolve with rapid institutional changes and still manage to prosper.

Get free article suggestions today

Mendeley saves you time finding and organizing research

Sign up here
Already have an account ?Sign in

Find this document

Get full text


  • David Ahlstrom

  • Garry D. Bruton

Cite this document

Choose a citation style from the tabs below

Save time finding and organizing research with Mendeley

Sign up for free