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Institutional work by market-shaping public actors
Journal of Service Theory and Practice ( IF 4.545 ) Pub Date : 2020-07-27 , DOI: 10.1108/jstp-08-2019-0176
Valtteri Kaartemo , Suvi Nenonen , Charlotta Windahl

This study aims to identify institutional work mechanisms that public actors employ in market shaping.,The paper uses an abductive theorizing process, combining a literature review with an empirical exploration of three different market-shaping contexts.,The study identifies 20 granular mechanisms of institutional work that market-shaping public actors employ. These mechanisms are all potentially employable in creating, maintaining or disrupting markets. Institutional work vis-a-vis individual institutions may differ in direction from the institutional work vis-a-vis the market system. Public actors are not a homogeneous group but may have different values and support competing institutional logics even when operating in the same market.,The empirical data were limited to three cases in three small open economies. Data collected from other markets and with other methods would provide more rigorous insight into market-shaping public actors.,The findings revealed institutional work mechanisms that public actors can use to shape markets. Companies wanting to engage public actors in market shaping should be aware of the values and institutional logics that influence market-shaping public actors.,The paper unites and expands on the scattered knowledge regarding institutional work in market shaping. It illuminates and dissects the role of public actors in market shaping, challenging the reactive stance that is often assigned to them. The study provides a better understanding of how conflicting market views affect markets. It also brings insights into the interplay between market-shaping actions and the multiple levels of market systems.

中文翻译:

塑造市场参与者的机构工作

本研究旨在确定公共行为者在市场塑造中采用的制度工作机制。本文采用了归纳理论化过程,将文献综述与对三种不同市场塑造背景的实证研究相结合。研究确定了20种制度机制塑造市场的公共角色雇用的工作。这些机制都有可能在创建,维护或破坏市场中使用。针对个别机构的机构工作的方向可能不同于针对市场体系的机构工作的方向。公共参与者不是一个同质的群体,但可能具有不同的价值观,即使在同一市场中运作,也可能支持相互竞争的制度逻辑。实证数据仅限于三个小型开放经济体中的三个案例。从其他市场和其他方法收集的数据将提供对塑造市场参与者的更严格的洞察力。研究结果揭示了公共行为者可以用来塑造市场的制度性工作机制。希望让公共行为者参与市场塑造的公司应意识到影响市场塑造公共行为者的价值和制度逻辑。本文将结合和扩展关于市场塑造中制度工作的分散知识。它阐明并剖析了公共行为者在市场塑造中的作用,挑战了通常赋予他们的反应性立场。该研究更好地理解了相互矛盾的市场观点如何影响市场。它还为市场塑造活动与多个层次的市场体系之间的相互作用提供了见解。
更新日期:2020-07-27
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