Hendrischke, Hans; Krug, Krug, B. - Erasmus Research Institute of Management (ERIM), … - 2006
political and economic entrepreneurship, or, phrased in institutional terms, local business systems emerge from the interplay … between the formal architecture of local autonomy and the informal institution of networking. In a comparative perspective … institutional change, will lead to diversity in outcomes. In a dynamic perspective both market competition and networking will …