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


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.

Divisions: College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
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College of Business and Social Sciences > Aston Business School
Additional Information: © Sage 2020. The final publication is available via Sage at
Publication ISSN: 1741-2870
Last Modified: 29 Nov 2023 12:41
Date Deposited: 13 Jan 2020 11:29
Full Text Link: 10.1177/0266242619896266
Related URLs: https://journal ... 266242619896266 (Publisher URL)
http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2020-08-01
Published Online Date: 2020-01-11
Accepted Date: 2020-01-01
Authors: Mickiewicz, Tomasz
Olarewaju, Tolu I.A.



Version: Accepted Version

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