Celebrating the diversity of Indigenous people around the world during the month of October and the Indigenous Peoples’ Day, Clarkson University Professor and Reh Chair in Entrepreneurial Leadership, Christian Felzensztein, share his latest research on this topic that recently appears in the Journal of Management & Organization.
How does an Indigenous entrepreneurial ecosystem develop along with the social, economic, and political development of mainstream society? This question is addressed by Felzensztein and his colleagues from New Zealand by comparing Indigenous entrepreneurial ecosystems in regions from two countries at different stages of development: Chile, South America; and New Zealand in the South Pacific.
The study argues that the transition from an early stage to an advanced stage of Indigenous entrepreneurial ecosystem development is likely to be driven primarily by the development of economic and political contexts.
“Policymakers in developing countries, like the ones in Latin America, with less developed Indigenous entrepreneurial ecosystems in comparison to New Zealand or Canada, should ensure that the benefits of economic and political development are available to Indigenous entrepreneurs as early as practicable. Such benefits are not limited to direct financial help. Rather, opportunities to gain experience by working outside the region or even overseas and to build networks may be more important” the study suggest.
Full access to the study can be found at doi:10.1017/jmo.2022.15
