The article "Building Inclusive Markets in Rural Bangladesh: How Intermediaries Work Institutional Voids" by Johanna Mair, Ignasi Marti, and Marc Ventresca explores the challenges of building inclusive markets in rural Bangladesh, particularly focusing on the role of intermediaries and institutional voids. The authors argue that while market-building efforts are often aimed at promoting economic and social development, they often overlook the social exclusion and poverty that prevent many, especially women, from participating in and accessing markets. They analyze the work of BRAC, a prominent intermediary organization, to uncover institutional voids as the source of market exclusion and identify two critical activities: redefining market architecture and legitimizing new actors. The study highlights that institutional voids are not empty spaces but analytical interfaces where conflicts and contradictions among local political, community, and religious spheres occur. These voids result from the interplay of formal and informal institutions, such as laws, customs, traditions, and religious beliefs, which shape market activity and access. The authors argue that these voids are not static but dynamic and negotiable, and that market boundaries can be permeable for actors who have been excluded. The research design involves multiple rounds of data collection, including participant observation, archival documents, and in-depth interviews. The data are analyzed through a two-stage process: assessing the nature of institutional voids and identifying activities in and around these voids. The findings suggest that property rights and autonomy are central to market institutions, but their enforcement is often weak due to the conflicting demands and norms from different institutional spheres. BRAC's activities, such as social enterprises and market-based programs, are shown to address these institutional challenges by redefining market architecture and legitimizing new actors, thereby building inclusive markets. Overall, the article contributes to the literature on market building by emphasizing the importance of understanding the complex institutional context and the on-the-ground dynamics that shape market participation.The article "Building Inclusive Markets in Rural Bangladesh: How Intermediaries Work Institutional Voids" by Johanna Mair, Ignasi Marti, and Marc Ventresca explores the challenges of building inclusive markets in rural Bangladesh, particularly focusing on the role of intermediaries and institutional voids. The authors argue that while market-building efforts are often aimed at promoting economic and social development, they often overlook the social exclusion and poverty that prevent many, especially women, from participating in and accessing markets. They analyze the work of BRAC, a prominent intermediary organization, to uncover institutional voids as the source of market exclusion and identify two critical activities: redefining market architecture and legitimizing new actors. The study highlights that institutional voids are not empty spaces but analytical interfaces where conflicts and contradictions among local political, community, and religious spheres occur. These voids result from the interplay of formal and informal institutions, such as laws, customs, traditions, and religious beliefs, which shape market activity and access. The authors argue that these voids are not static but dynamic and negotiable, and that market boundaries can be permeable for actors who have been excluded. The research design involves multiple rounds of data collection, including participant observation, archival documents, and in-depth interviews. The data are analyzed through a two-stage process: assessing the nature of institutional voids and identifying activities in and around these voids. The findings suggest that property rights and autonomy are central to market institutions, but their enforcement is often weak due to the conflicting demands and norms from different institutional spheres. BRAC's activities, such as social enterprises and market-based programs, are shown to address these institutional challenges by redefining market architecture and legitimizing new actors, thereby building inclusive markets. Overall, the article contributes to the literature on market building by emphasizing the importance of understanding the complex institutional context and the on-the-ground dynamics that shape market participation.