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fbtwitterlinkedinvimeoflicker grey 14rssslideshare1
Reihlen, Markus; Smets, Michael; Veit, Andreas (2010)
Languages: English
Types: Article
Subjects: Prinzipal-Agent-Theorie, Management studies, Deutschland, Embedded Agency, Institutional Capital, Institutional Strategy, Unternehmensberatung, Institutionalismus, Neoinstitutionalism, /dk/atira/pure/core/keywords/558218865
We classify the strategies by which management consultancies can create and sustain
the institutional capital that makes it possible for them to extract competitive resources
from their institutional context. Using examples from the German consulting industry, we
show how localized competitive actions can enhance both individual firms’ positions, and
also strengthen the collective institutional capital of the consulting industry thus legitimizing
consulting services in broader sectors of society and facilitating access to requisite
resources. Our findings counter the image of institutional entrepreneurship as individualistic,
“heroic” action. We demonstrate how distributed, embedded actors can collectively
shape the institutional context from within to enhance their institutional capital.
  • The results below are discovered through our pilot algorithms. Let us know how we are doing!

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