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A contemporary institutionalist view of the old structure-agency problematic

… we take the following as our mantra: In the short run, actors create relations; in the long run, relations create actors. The difference between methodological individualism and social constructivism is not for us a matter of religion; it is a matter of time scale. In the short run, all objects—physical, biological, or social—appear fixed, atomic. But in the long run, all objects evolve, that is, emerge, transform, and disappear. To understand the genesis of objects, we argue, requires a relational and historical turn of mind. On longer time frames, transformational relations come first, and actors congeal out of iterations of such constitutive relations.

“The Problem of Emergence”

In Padgett, John F. and Powell, William W. (2012) The Emergence of Markets and Organizations. Princeton University Press. p. 2. 

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