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New venture evolution of migrants under institutional voids: Lessons from Shonga Farms in Nigeria

Olarewaju, Tolu; Mickiewicz, Tomasz

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Authors

Tomasz Mickiewicz



Abstract

<jats:p> This article inductively builds theory on how transaction costs may be alleviated and institutional voids bridged in developing economies, based on the case study of successful migrant entrepreneurial involvement in Nigerian agriculture: Shonga Farms. We argue that the iterative process of building conditions of trust through long-term commitment, involvement of regional government, appropriate modes of financial contracts and the gradual transitioning of controlling interests to private actors are factors of success. We draw additional lessons by contrasting our case study with other similar migrant schemes that have failed. </jats:p>

Citation

Olarewaju, T., & Mickiewicz, T. (2020). New venture evolution of migrants under institutional voids: Lessons from Shonga Farms in Nigeria. International Small Business Journal, 38(5), 404 - 423. https://doi.org/10.1177/0266242619896266

Journal Article Type Article
Acceptance Date Jan 11, 2020
Publication Date Jan 11, 2020
Publicly Available Date May 30, 2023
Journal International Small Business Journal
Print ISSN 0266-2426
Publisher SAGE Publications
Peer Reviewed Peer Reviewed
Volume 38
Issue 5
Pages 404 - 423
DOI https://doi.org/10.1177/0266242619896266
Publisher URL https://journals.sagepub.com/doi/10.1177/0266242619896266

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