In late nineteenth century and early twentieth century, moderns industries expanded and diffused rapidly as business enterprises, which crossed the borders. Primarily they were family business carried out by entrepreneurs. In general, sense, organisation and entrepreneurs both are products of history. Therefore, the substantiation the relation between imagination and history requires suitable context (Piperopoulos, 2012, p.462).
While imagination can be dreamlike or impractical, the main objective of appropriability-based imagination is defined by the necessity to operate upon what is fictional for realising it and in a way, which allows appropriability. In this situation, Harner (2013, p.172) argued that, imaginative efforts would illustrate on existing learning, insights and experiences. Hence, entrepreneurs, who have envisaged what is likely in some environments, such as, countries can imagine a situation perfectly, where, it is properly adapted, suitably modified, can be co-created and created in other situations, in foreign countries like cross border.
Sociological findings on entrepreneurship have significantly increased scholarly knowledge of the mixed influence between entrepreneurial activities and macro environment. Rouse et al. (2013, p.453) emphasised on the institutional condition and supporting cultural conditions of entrepreneurship. Features of macro environmental negatively influence entrepreneurial activities.
Chan (2016, p.157) found that, founding rate of organisation is affected by different environmental factors like inter-population processes, carrying capacity, regional environment and institutional condition. Social networks play a vital role in entrepreneurial activities like relation with founders with distributors and suppliers; venture capitalists and banks and universities. On the other hand, Hjorth and Holt (2016, p.53) has put light on the transformational impact of entrepreneurship regarding the process in which entrepreneurial activities make changes in microenvironment. It leads to introduction of modern forms of organisation. Few examples are a new good industry, a new technology sector, and different organisational forms in health and social care sector.
Spedale and Watson (2014, p.760) commented that, entrepreneurial imagination has greater influence on bringing changes in existing institutional conditions of organisation. Moreover, creating an organisation can have greater effect on the social enterprise and institutional environment.