Abstract
This study aims to explore the institutionalization process in a high-impact community. In Mexico, high-impact investment is in a development phase and is promoted by the advancement of business networks that seek to establish their agenda in the entrepreneurial ecosystem. However, this community is in a pre-institutionalization stage regarding its discourses, meanings, and socialization activities. From the sociological institutionalism approach, we analyzed the discourses of investors, social entrepreneurs, and mentors around high-impact investment to understand how their social practices translate into specific actions: conventions, learning spaces, gray documents, etc.; factors that build the legitimacy of their community. Twenty in-depth interviews were conducted with members of the investment community belonging to the network that constitutes the community. From the study of the institutionalization process of the financial community, practitioners and decision-makers can identify the stage of progress of their constitution processes within their social group, as well as promote strategies and tactics that stimulate the constitution of social practices appropriate to the contexts of the members of the community that sustain social entrepreneurship.
