Task #4: Negotiating Institutional Resources
A resource is something or someone that helps or gives support to other people. All institutions need resources to come into existence and to function. To accomplish institutional goals, institution builders therefore need to know how to find and obtain resources. Indeed, it is impossible to conceive of the creation of an institution without resources. More than that, one may say a basic function of many, if not most, institutions, particularly those in corporate form discussed in Chapter 9, is to gather, hold, and invest resources to accomplish a valuable social purpose. The attributes of legal personality, limited liability, and ease of resource management offered by the corporate form ...
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