Institutional entrepreneurship: insights for researchers

Recognising that entrepreneurs' actions are shaped by institutional environments, in recent years have witnessed a growing stream of research on 'institutional entrepreneurship'. Institutional entrepreneurs are actors with sufficient resources, who create new institutions or transform existing institutions. Despite this centrality of resources, prior literature has not thoroughly explored the strategic implications of such resources. To address this gap, we conducted a systematic review of the institutional entrepreneurship literature using a resource-based lens and identified a sample of 155 papers published from 1980 to 2019. Our coding analysis identified tangible and intangible resources and resource mobilisation strategies in the institutional entrepreneurship literature. We propose a resource-based process model with three phases: emergence, elaboration, and expansion and apply this model to offer insights into resource mobilisation strategies during business and social entrepreneurship processes.