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The new institutional economics has one of its roots in evolutionary thinking. The idea is that there is competition among organizational forms. Some forms spread faster than others and thereby displace and eventually destroy the less well adapted forms. In the end, the most 'efficient'...
Persistent link: https://www.econbiz.de/10012597803
the interdependencies of institutions of different types and spatial scales. It aims at developing a conceptual framework … institutional change and economic evolution in regions. The paper offers a review on how institutions have been conceptualised in … interdependencies between different types of institutions for institutional change as well as economic outcomes. The concept of …
Persistent link: https://www.econbiz.de/10011487791
The paper tries to improve our understanding on the role of institutions in development by critically examining the … current orthodox discourse on institutions and highlighting some of its key problems. After discussing some definitional …
Persistent link: https://www.econbiz.de/10010279261
supporting institutions such as property rights and rule of law. But how do these two aspects of the institutional environment …
Persistent link: https://www.econbiz.de/10010490506
Persistent link: https://www.econbiz.de/10010356381
Persistent link: https://www.econbiz.de/10003862855
An intense discussion is taking place in International Political Economy on the influence of economic ideas on institutional change. Case studies so far have, however, mainly focused on the Western industrialised countries and research seems to be biased towards cases in which new ideas caused...
Persistent link: https://www.econbiz.de/10010344889
agents may be more productive. Whilst institutional theory recognises the impact of institutions on entrepreneurs and … behaviour which implicitly or explicitly questions existing institutions. Thus, the paper adds to the current debate on …
Persistent link: https://www.econbiz.de/10010498400
regulation mechanisms, and institutions, on the other hand. As an important factor the collective action of special interest …
Persistent link: https://www.econbiz.de/10013097565
How do ideas evolve? Can one speak of scientific progress when there is more than one pathway of intellectual evolution in which different ideas emerge and flow in different directions? Is the history of economic analysis a compilation of a number of intellectual pathways? This essay argues that...
Persistent link: https://www.econbiz.de/10013108036