| Abstract: | This paper discusses the institutional dimension of the entrepreneurship. Besides providing products for the society, entrepreneurs silently influence the institution, which is perceptually invisible but actually exists with deep significance. Therefore, it is argued that a corporate may be destructive to institution even though it creates value for the society. This paper divides institution into three levels including organization, general rules and culture and interprets the reason why the “rational behaviors” of a entrepreneur may form a “prevalent atmosphere” deviating from the natural laws which may finally destroy the social institutional environment. In the end, it is believed in the paper that the social responsibility of entrepreneurs includes not only the commitment to public interest and environment protection etc., but also the efforts to consciously promote the institutional improvement. |
