Reorienting Entrepreneurial Support Infrastructure to Tackle a Social Crisis: A Rapid Response

Keywords

entrepreneurship, crisis, entrepreneurship policy, rapid response, Chile

Abstract

Chile is experiencing its worst economic and social crisis in decades, which is adversely impacting entrepreneurs and SMEs. Chile’s Economic Development Agency is seeking to support recovery efforts by reorienting its entrepreneurship programs and ecosystem support capacity. What makes the reorientation especially challenging is the need to ensure all actions are sensitive to the causes of the social unrest, where arguably extant entrepreneurship policy has played a role. Theory and evidence in entrepreneurship literature seem insufficient to inform immediate actions. In this rapid response paper, we leverage and translate research on ecosystem democracy, spontaneous venturing and entrepreneurship-enabled social cohesion to inform decision-making and contribute to the development of policy solutions. We propose an entrepreneurship policy reorientation model, including interventions during and post crisis, potentially capable of minimizing the effects of the crisis and changing the orientation of future support.

Original Publication Citation

"Muñoz, P., Naudé, W., Williams, T.A., & Frías, R. (2020). “Reorienting entrepreneurship policy to tackle Chile’s economic and social crisis: A rapid response.” Journal of Business Venturing Insights, 14: e00187."

Document Type

Peer-Reviewed Article

Publication Date

2020

Publisher

Journal of Business Venturing Insights

Language

English

College

Marriott School of Business

Department

Marketing

University Standing at Time of Publication

Associate Professor

Link to Full Text

Share

COinS