Showing 1 - 10 of 3,818
The paper deals with the issue of institutional analysis of national innovation systems or infrastructures for support … of innovation. It takes into account the findings of comparative studies of national innovation systems and innovative … firms, which are indicating that innovation performance is not positively related to a scale of innovation resources or the …
Persistent link: https://www.econbiz.de/10014060052
The nature of learning processes as well as evolutionary considerations suggest that aesthetic judgement is of central importance in the formation of custom. Learning and extrapolation rely on evaluations of non-instrumental features like simplicity, analogy, straightforwardness, and clarity....
Persistent link: https://www.econbiz.de/10012597793
This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional economics school of thoughts which is based on Williamson, North, Coase and Ostrom theories on transaction cost economics, property rights and collective actions. Based on these...
Persistent link: https://www.econbiz.de/10009757358
The aim of this arti cle is to show that the New Insti tuti onal Economics is an interdisciplinary stream combining economics, law, organizati on theory, politi cal sciences, sociology, and anthropology. The main theories which are part of the New Insti tuti onal Economics are: Agency Theory,...
Persistent link: https://www.econbiz.de/10011539833
This paper intends to make a reflection and analysis of the impact of theoretical and methodological frameworks of reference on different neo-institutional approaches in social policy. The paper questions the functionality and continuity of the institutions that are responsible for the functions...
Persistent link: https://www.econbiz.de/10010462240
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
As institutional change is an integral part of economic development, institutionalism ought not to be left behind in favour of an evolutionary economic geography despite the attention the ‘evolutionary turn' has recently received. Rather, we need to re-address our treatment of institutions...
Persistent link: https://www.econbiz.de/10013152896
Understanding the complexity of institutional change is a necessary step in gaining deeper knowledge of economic performance over time, and it is one of the main challenges in the research agenda of institutionalism. Institutional change can be studied using a variety of theoretical approaches....
Persistent link: https://www.econbiz.de/10013002232
The efficiency of institutions, understood in the neoclassical sense, i.e., as the result of constraint optimization of a neoclassical economy is pointless from the perspective of the New Institutional Economics, because the latter assumes incomplete foresight. For such a world one cannot use...
Persistent link: https://www.econbiz.de/10012918287
Economists have recognized that ldquo;institutions matterrdquo; and the renewal of Institutional Economics has gained a large scientific authority, but institutions, as unit of analysis, stay a concept not understood on all its dimensions. Recently, a new concept appeared in the economic...
Persistent link: https://www.econbiz.de/10012751363