Day: August 10, 2012

It was sociologist, Shmuel Noah Eisenstadt who was among the very first few individuals who coined the term ‘institutional entrepreneurship’ to refer people who have made themselves a “means” by which fundamental changes were bought about to certain structures and processes. In essence, these are people who strive to achieve market-oriented institutions. To cite an example in a much larger scale, a change in today’s economic structure is what is now popularly referred to as “globalization.” Fundamentally, this kind of entrepreneurship deals with making a significant change in the “rules… Read More