Synonyms
Introduction
The term “institutional entrepreneurship” refers to the “activities of actors who have an interest in particular institutional arrangements and who leverage resources to create new institutions or to transform existing ones” (Maguire et al. 2004, p. 657). The term is most closely associated with DiMaggio (1988, p. 14), who argued that “new institutions arise when organized actors with sufficient resources see in them an opportunity to realize interests that they value highly.” These actors – institutional entrepreneurs – “create a whole new system of meaning that ties the functioning of disparate sets of institutions together” (Garud et al. 2002). Institutional entrepreneurship is therefore a concept that reintroduces agency, interests, and power into institutional analyses of organizations. It thus offers promise to researchers seeking to bridge what have come to be called the “old” and “new” institutionalisms in organizational...
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Garud, R., Hardy, C., Maguire, S. (2013). Institutional Entrepreneurship. In: Carayannis, E.G. (eds) Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-3858-8_421
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