Abstract
Public administration, public policy, and political economy literatures are increasingly preoccupied with the role of agency in policy and institutional change, and the effects of institutions on the agency of individual actors. However, linkages between policy and institutional entrepreneurship in processes of institutionalization remain a black box. This article aims to fill this void. It contributes to our understanding of processes underlying the institutionalization of policy ideas in the public sector that have not been investigated adequately. Based on an exploratory case study of the introduction and institutionalization of macroprudential policies to contain macro-financial risks in Turkey, this article argues that policy and institutional entrepreneurship processes are inextricably intertwined and fundamental to the institutionalization of policy ideas: the institutionalization of new policy ideas that resolve conflicting institutional logics and facilitate cooperation and/or collaboration in inter-bureaucratic policy formulation and implementation is most likely when an individual agent with the requisite resources and capabilities builds coalitions through combining the policy and institutional entrepreneur roles while undertaking discursive and powering strategies.
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Notes
“Rowing agencies” are responsible for the supervision and/or regulation of a sector, whereas “steering agencies” (both organizations and individuals) are responsible for setting broad policy directions in policy areas (Osborne & Plastrik, 1997).
Authors thank a referee for bringing Heclo’s concepts of “puzzling” and “powering” to our attention.
Ali Babacan served as minister of economic affairs (2002–2007), minister of foreign affairs (2007–2009) and the deputy prime minister for economic and financial affairs (2009–2015) in the 61st and 62nd governments of the Republic of Turkey, see https://www.tbmm.gov.tr/develop/owa/milletvekillerimiz_sd.bilgi?p_donem=26&p_sicil=6063, accessed on March 14, 2017.
There were two other members of the FSC which were not directly involved in the macroprudential policy framework: the Savings Deposit Insurance Fund, the key authority on the bank resolution framework, and the Capital Markets Board, a disclosure regulator.
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Authors thanks to the three referees of the journal, Michael Barzelay, David Judge, and Aliakbar Jafari for comments and encouragement on previous drafts of this article.
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Bakir, C., Akgunay, S. & Coban, K. Why does the combination of policy entrepreneur and institutional entrepreneur roles matter for the institutionalization of policy ideas?. Policy Sci 54, 397–422 (2021). https://doi.org/10.1007/s11077-021-09417-3
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DOI: https://doi.org/10.1007/s11077-021-09417-3