Nkya Etomih J.2026-05-142005APA9987617743https://scholar.mzumbe.ac.tz/handle/123456789/2000The book was sent to DRPS for publicationThe objective of the chapter is to analyse the role of institutional arrangements in entrepreneurial endeavour. An entrepreneur identifies a market opportunity and transforms it into a profitable economic value. Institutions are the humanly devised constraints that shape human interaction to determine transaction and transformation costs. Behavior of an entrepreneur depends heavily on the reward structure given by an institutional framework. Qualitative case study methodology was adopted and fifteen cases of small business enterprises were studied in Tanzania. The pattern of evidence from the case studies was matched with propositions developed from the theoretical framework. The study found out that entrepreneurial endeavour in small enterprises in Tanzania was taking place in the context of a mismatch between a slowly changing institutional framework and fast moving economic policy reforms. This mismatch constrains entrepreneurial endeavour and raises transaction costs. A favourable institutional framework is characterised by clear property rights and low transaction costs.en-USEntrepreneurial endeavourSmall enterprises-TanzaniaEnvironmental protection regulationsBureaucratic administrative formalitiesInstitutional frameworkBusiness financingBook