Effectuation Publications Library
Access Journal Articles and Chapters Referencing Effectuation
Welcome to the Publications Library
You can search, filter and access papers and abstracts below.
Have a paper to submit? Go Here
Opportunities and institutions: A co-creation story of the king crab industry
2015
Sharon Alvarez Susan L. Young Jennifer Woolley
Abstract 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 Wakefield. 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.