policies, taxation, and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to … direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings …

Despite its success in bringing agency back into organizational studies, some argue that institutional entrepreneurship … leaves unresolved the paradox of embedded agency, which asks how actors are able to change the very institutions which have …