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Entrepreneurship and institutional change: The case of surrogate motherhood

Research output: Contribution to journalArticle

Original languageEnglish
Pages (from-to)349-379
Number of pages31
JournalJournal of Evolutionary Economics
Volume26
Issue number2
Early online date17 Dec 2015
DOIs
DateAccepted/In press - 11 Dec 2015
DateE-pub ahead of print - 17 Dec 2015
DatePublished (current) - May 2016

Abstract

Entrepreneurs do more than just buy low and sell high; they sometimes also change our institutions, including our categories of thought. New institutional economics has been examining incentives that drive individuals to bring about market-supporting institutional arrangements. There is, however, an aspect of entrepreneurship conducive to institutional changes that has been neglected by contemporary institutionalist theories and that remains underdeveloped in entrepreneurship research. When and how does entrepreneurship bring about institutional change? I suggest that entrepreneurs are agents of institutional change when cultural categorization is ambiguous with regard to the proper and permissible applications of novel artifacts. Motherhood, for example, used to be a simple category, but surrogacy changed that radically. Examining newspaper evidence, social surveys, statutory law, and judicial cases, I show how entrepreneurs, by provoking a change in interpretation and judgment, challenged the existing institutional legal ordering of procreation turning a technically feasible method of surrogacy into current practice.

    Research areas

  • Entrepreneurship, Institutional change, Persuasion, Political processes, Surrogate motherhood

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    Rights statement: This is the submitted manuscript. The final published version (version of record) is available online via Springer Link at https://doi.org/10.1007/s00191-015-0433-5 . Please refer to any applicable terms of use of the publisher.

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