Percorrer por autor "Dreger, Lucy Marie"
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- Impact investing in Portugal : how can an emerging field overcome the challengesPublication . Dreger, Lucy Marie; Ramus, TommasoImpact Investing does not only provide an example how to bring common interest together and drive changes and success forward, but further present a potential innovative solution to the most pressing societal challenges of our world today. However, as any innovation, also Impact Investing is encountering resistance to its establishment. Theory of institutional change and institutional entrepreneurship are central to shed light on how to overcome these resistances. This study outlines a framework of how fields emerge, develop and are trying to achieve insti-tutionalization while facing challenges and resistance to their establishment. This framework generates theory elaboration and identifies challenges as main variable and trigger for change and collectivism, conformity and legitimacy of institutional entrepreneurs as key success fac-tors for the institutionalization process of emerging fields. Furthermore, this study presents a pilot of how to apply Impact Investing in mature markets and enhances valuable insights for actors driving change and success forward.