Where do economic institutions come from? -- Markets and endogenous institutional change -- The epicenter of bottom-up capitalism -- Entrepreneurs and institutional innovation -- Legitimacy and organizational change -- Industrial clusters and competitive advantage -- The development of labor...

Intro -- Contents -- List of Figures and Tables -- Acknowledgments -- 1. Where Do Economic Institutions Come From? -- 2. Markets and Endogenous Institutional Change -- 3. The Epicenter of Bottom - Up Capitalism -- 4. Entrepreneurs and Institutional Innovation -- 5. Legitimacy and Organizational...

Main description: Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China’s economic miracle—private enterprise—did not originate at the top but...

Victor Nee was interviewed by Alexander Kurakin, Senior Lecturer at the Higher School of Economics. This interview was conducted during the international conference “Embeddedness and Beyond: Do Sociological Theories Meet Economic Realities?” (Moscow, 25–28 October 2012), at which Prof. Nee...