This book approaches markets as a dynamic ensemble of institutions; and as a set of rules or norms, that contribute to the evolution of social systems of governance, and can be analysed as a structured social system. It tackles such questions as: * Where do markets come from and what drives...

This paper argues that the European Commission exercises its entrepreneurial role in building European governance institutions primarily through discursive means. Tracing the foundations of this particular mode of policy entrepreneurship informs a reconsideration of the Prodi Commission's White...

This detailed book explores and provides insights into the development and transformation of various clusters, economies and industrial sectors in East and Southeast Asia.

Hayek’s theory of cultural evolution has always generated controversy. Interest in Hayek’s theory, and others’ analysis and criticism of it, has been rising of late. This volume urges a reconsideration of Hayeks’ theory of evolution and aims to explore the relevance...

This paper analyses three levels of interaction among firms: regional, domestic and international, the analysis relying on cross-functional supplier evaluations by their customers. The statistical analysis reveals that indeed three groups with different evaluation results can be distinguished....

Purpose – The purpose of this paper is to reconstruct economic reasoning on entrepreneurship from the perspective of its institutional content, thus underlining the aspects of power relations and leadership, which are related with the organisational and technological dimensions of innovation...