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

Olarewaju, Tolu; Mickiewicz, Tomasz

doi:10.1177/0266242619896266

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

Olarewaju, Tolu; Mickiewicz, Tomasz

Authors

Tolu Olarewaju t.olarewaju@keele.ac.uk

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>

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