How does institutional context shape entrepreneurship conceptualizations?

This study proposes an integrative framework to explain entrepreneurship as a social phenomenon. This work aims at analyzing how different contexts shape different conceptualizations of entrepreneurship. The comparison of two information and communication technology clusters illustrates that entrepreneurship relies on either a network or an individual perspective. The former relies on collaborative entrepreneurship, well-defined norms of conduct; uncollaborative entrepreneurship and absence of norms characterize the latter. The findings highlight how network entrepreneurship is more successful and fosters more innovation than individual entrepreneurship, especially during economic crisis.