Opportunities and institutions: A co-creation story of the king crab industry
Research Seminars
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Sharon Alvarez, Koch Chair of Entrepreneurship, Department of Management, Endowed Chair, Daniels College of Business, University of DenverKoch Chair of Entrepreneurship, Department of Management, Endowed Chair, Daniels College of Business, University of Denver
May 19, 2015
| 10:00 AM - 11:30 AM | Tuesday
AC 2 MLT, Level - 2, Hyderabad, India
Open to Public
If entrepreneurs are constrained and shaped by existing institutions, how ? If entrepreneurs products and services, how can institutions remain unchanged? This paper explores this theoretical conundrum empirically through the examination of the actions of entrepreneur Lowell Wake-field. Contrary to previous work that suggests that it is institutional entrepreneurs that bring about institutional change as a means of advancing their social interests, this paper shows that a profit seeking entrepreneur without prior institutional affiliation or experience can create an opportunity along with the supporting industry standards and regulations.
