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A Research on Relationship of Institutionalization and Institutional Entrepreneurship

Author

Listed:
  • Musa Sanal

    (Department of Public Administration, Faculty of Economisc and Admnistrative Sciences, Osmaniye Korkut Ata University, Osmaniye, TURKEY)

  • Ibrahim Efe Efeoglu

    (Department of Public Administration, Faculty of Economisc and Admnistrative Sciences, Osmaniye Korkut Ata University, Osmaniye, TURKEY)

Abstract

Institutionalization is a dynamic process which is developed as a result of enterprise sensitivity to the environmental transformation and consists of its efforts to conformity to this transformation. Institutional entrepreneurship, however, is the process of building a different constitution inside the enterprise to induce entrepreneurial spirit and to lead the association into transformation and modernism. These two notions can be seen as the activities that will achieve the permanency and the efficiency of family businesses which have a big interest in world economics. In this study, the components of the institutionalization are; social responsibility and professionalization, institutional entrepreneurship components are aimed to be measured on the basis of the risk and proactivity and the modernism in the family businesses which are sampling units. In this study, the deduced survey hypothesis are tested using the statistical analysis data, and the contribution of the study to the association is discussed in the light of derived findings and evaluations, also a set of suggestions which can enlighten the way for next studies are developed and how the business world will profit from this study is emphasized.

Suggested Citation

  • Musa Sanal & Ibrahim Efe Efeoglu, 2013. "A Research on Relationship of Institutionalization and Institutional Entrepreneurship," International Review of Management and Marketing, Econjournals, vol. 3(2), pages 58-62.
  • Handle: RePEc:eco:journ3:2013-02-2
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    References listed on IDEAS

    as
    1. Antoncic, Bostjan & Hisrich, Robert D., 2001. "Intrapreneurship: Construct refinement and cross-cultural validation," Journal of Business Venturing, Elsevier, vol. 16(5), pages 495-527, September.
    2. Jeffrey G. Covin & Dennis P. Slevin, 1988. "The Influence Of Organization Structure On The Utility Of An Entrepreneurial Top Management Style," Journal of Management Studies, Wiley Blackwell, vol. 25(3), pages 217-234, May.
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    More about this item

    Keywords

    Family Businesses; Small and Medium Sized Company; Institutionalization; Institutional Entrepreneurship;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

    Statistics

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