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The notion and interpretation of path dependence have been discussed and utilized in various social sciences during the last two decades. This innovative book provides significant new insights onto how the different applications of path dependence have developed and evolved. The authors suggest...
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"The theory of path dependence continues to attract great interest in a range of disciplines. An increasing number of … scholars have started to explicitly use this theory for studying organizational inertia and institutional rigidities. This …
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, the nature and role of markets, and the theory of institutional evolution. The book not only outlines cutting …
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