New venture evolution of migrants under institutional voids: Lessons from Shonga Farms in Nigeria
基于尼日利亚Shonga农场的成功案例，研究移民企业家如何在制度不完善的发展中国家通过长期承诺、政府参与和金融合约设计来降低交易成本，并与失败案例对比总结教训。
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.