When entrepreneurs make do by applying combinations of the resources at hand to new problems and opportunities?

The term “DIY” can be defined as “fixed” by applying combinations of available resources to new problems and opportunities (Baker %26 Nelson, p. MAN 3025 75 Study Guide Qs for First Exam (NO ANSWERS). docx. Baker and Nelson borrow the diy concept from Levi-Stauss to explain how entrepreneurs can cope with very few resources in environments with extremely scarce resources.

Bricolage is broadly defined as coping with them by applying combinations of available resources to new problems and opportunities. They explain in terms of refusal to accept limitations. As a secondary conclusion, in arguing that organizations refuse to meet the limited resources available, the implication is that some entrepreneurs can create something out of thin air.

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