By Eldar Bråten
Embedded Entrepreneurship examines the significance of cultural which means within the production and usage of financial worth. The authors show that micro-scale entrepreneurship in Insular Southeast Asia is culturally embedded, and recommend theoretical convergences among monetary anthropology and monetary sociology.
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Extra info for Embedded Entrepreneurship: Market, Culture, and Micro-Business in Insular Southeast Asia
The ‘social accumulation’ of market-generated value may be considerable, and it may have powerful effects on economic and social formations. This is evident in Leif Manger’s analysis (Chapter 11) of the institution of waqf, trust fund, among Hadrami Arabs in Singapore and elsewhere. This case exemplifies a powerful transformation of economic value from individual to public goods. Waqf is an Islamic injunction spurring the donation of a substantial share of inheritance for collective purposes such as religious land, mosque building or religious education for certain categories of inheritors.
There was a general setback in the national economy at the same time as PERDA had been too optimistic in launching new centres. To sum up, the protagonists of each stage had their distinctive character istics; they brought different assets to the fore, organised their production differently, and crossed barriers in different ways. The Malay pioneers brought the skills of batik production, and crossed over into new territory. The Chinese pioneer crossed the barrier between Kelantanese batik expertise and Chinese networking, which proved profitable.
This is what I call an experiential perspective on culture, entrepreneurship and ethnicity. Theoretical Considerations Culture Shaped in Experiential Spaces I see the experiential approach as a perspective on culture rather than an attempt to give an authoritative definition of culture. It stresses skills and agency more than values. , p. 215). The experiential approach such as I intend it is basically toponomical: it puts the person centre-stage and treats culture as a kit of skills and propensities that are acquired through a life-long learning process of interaction with an environment.