An Extension Case Study in Institutional Innovation: Microfinance Intermediary Formation Edelman, Mark
dc.contributor.department Economics 2020-12-02T21:18:24.000 2021-02-25T18:23:03Z 2021-02-25T18:23:03Z Thu Jan 01 00:00:00 UTC 2015 2015-04-01
dc.description.abstract <p>An institutional innovation process led by Extension created a statewide microfinance intermediary. The intermediary provides business technical assistance and microloans to entrepreneurs having difficulty securing conventional credit but having workable business plans. The process included (1) gathering indicators of a problem; (2) formation of a steering committee of relevant interests to study the concerns; (3) a search for alternative solutions and assessment of probable consequences; and (4) emergence of an institutional strategy for addressing gaps. A business plan was implemented over 5 years. The collaboration created new opportunities on multiple levels for Extension problem-solving impacts and outcomes.</p>
dc.description.comments <p>This article is published as Edelman, Mark A. “An Extension Case Study in Institutional Innovation: Microfinance Intermediary Formation.” <em>Journal of Extension</em>. 53 (2015): 2FEA4. <a href="" target="_blank"></a>. Posted with permission.</p>
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dc.identifier archive/
dc.identifier.articleid 1777
dc.identifier.contextkey 20375228
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_pubs/765
dc.language.iso en
dc.source.bitstream archive/|||Sat Jan 15 01:51:47 UTC 2022
dc.subject.disciplines Economics
dc.subject.disciplines Entrepreneurial and Small Business Operations
dc.subject.disciplines Finance
dc.subject.disciplines University Extension
dc.subject.keywords institutional innovation
dc.subject.keywords entrepreneurship
dc.subject.keywords organizational development
dc.subject.keywords change
dc.title An Extension Case Study in Institutional Innovation: Microfinance Intermediary Formation
dc.type article
dc.type.genre article
dspace.entity.type Publication
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relation.isOrgUnitOfPublication 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d
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