The Institutions of the Market

The Institutions of the Market PDF Author: Alexander Ebner
Publisher: OUP Oxford
ISBN: 0191647608
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
This book approaches markets as a dynamic ensemble of institutions; and as a set of rules or norms, that contribute to the evolution of social systems of governance, and can be analysed as a structured social system. It tackles such questions as: * Where do markets come from and what drives their evolution? * How do organizations cope with the competitive dynamism of markets? * What is the role of governance mechanisms in the institutional coordination of markets? Using this 'new institutionalist' approach, an international group of leading scholars examine the institutional foundations of economic change. Drawn from an array of disciplines, including Business, Organization Studies, Economics, and Sociology, the contributors address the organizational capabilities of firms, the social structuration of competition, and the diversity of governance mechanisms in the market. Contributors include: Nikolaus Beck, Christophe Boone, Robert Boyer, Alexander Ebner, Neil Fligstein, Henrich R. Greve, John Harriss, Bob Hinings, Geoffrey M. Hodgson, Bob Jessop, Alfred Kieser, Namrata Malhotra, Renate E. Meyer, Richard R. Nelson, Rudolf Richter, Peter Walgenbach, Filippo Carlo Wezel, Sidney G. Winter, and Arjen Van Witteloostuijn.

The Institutions of the Market

The Institutions of the Market PDF Author: Alexander Ebner
Publisher: OUP Oxford
ISBN: 0191647608
Category : Business & Economics
Languages : en
Pages : 424

Get Book Here

Book Description
This book approaches markets as a dynamic ensemble of institutions; and as a set of rules or norms, that contribute to the evolution of social systems of governance, and can be analysed as a structured social system. It tackles such questions as: * Where do markets come from and what drives their evolution? * How do organizations cope with the competitive dynamism of markets? * What is the role of governance mechanisms in the institutional coordination of markets? Using this 'new institutionalist' approach, an international group of leading scholars examine the institutional foundations of economic change. Drawn from an array of disciplines, including Business, Organization Studies, Economics, and Sociology, the contributors address the organizational capabilities of firms, the social structuration of competition, and the diversity of governance mechanisms in the market. Contributors include: Nikolaus Beck, Christophe Boone, Robert Boyer, Alexander Ebner, Neil Fligstein, Henrich R. Greve, John Harriss, Bob Hinings, Geoffrey M. Hodgson, Bob Jessop, Alfred Kieser, Namrata Malhotra, Renate E. Meyer, Richard R. Nelson, Rudolf Richter, Peter Walgenbach, Filippo Carlo Wezel, Sidney G. Winter, and Arjen Van Witteloostuijn.

Brokers and Bureaucrats

Brokers and Bureaucrats PDF Author: Timothy Frye
Publisher: University of Michigan Press
ISBN: 9780472067138
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
DIVOffers a new political explanation for the creation of market institutions as it investigates Russia's transition from a command economy /div

The Institutions of the Market

The Institutions of the Market PDF Author: Alexander Ebner
Publisher: Oxford University Press, USA
ISBN: 0199231427
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
Where do markets come from and what drives their evolution? How do organizations cope with the competitive dynamism of markets? What is the role of governance mechanisms in the institutional coordination of markets? In this book, leading social scientists consider these questions and examine the institutional foundations of economic change.

Capitalist Diversity and Diversity within Capitalism

Capitalist Diversity and Diversity within Capitalism PDF Author: Geoffrey Wood
Publisher: Routledge
ISBN: 1136626530
Category : Business & Economics
Languages : en
Pages : 316

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Book Description
The economic crisis that began in 2008 has underscored the impact not only of embedded and assumed ways of managing the economy, but also that present circumstances are the product of a long period of experimentation and bounded diversity; it is understanding the nature of both that forms a central concern of this collection. This book redefines, develops and extends the emerging literature on internal diversity within varieties of capitalism, and the extent to which such internal systemic diversity goes beyond mere diffuseness to represent the coexistence of different logics of action within both liberal market and more cooperative varieties of capitalism. The collection is based on new, fresh material, from leading scholars in the field. The contributors come from a variety of perspectives within the broad socio-economic literature on institutions, and yet they all focus on the limitations of current institutional fixes, and the protracted and durable nature of the current crisis, which, the editors suggest, reflect profound changes in input costs and the utilization of technology. What characterizes this common ground is an inherent pragmatism, combined with an increasing sophistication in the usage of analytical concepts; illustrating the progression since the early work on comparative capitalism in the late 1990s and early 2000s. This book should be an invaluable resource for students and researchers of economic theory and philosophy as well as political economics and socio-economics.

Institutional System Analysis in Political Economy

Institutional System Analysis in Political Economy PDF Author: Taner Akan
Publisher: Routledge
ISBN: 1317115759
Category : Political Science
Languages : en
Pages : 287

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Book Description
The enduring debate on institutional pillars of contemporary political economies has gathered a noticeable momentum in terms of the change, path-dependence, and varieties of capitalism. By taking a methodological standpoint claiming that ’the current structure and the future of contemporary societies can only be understood by using an evolutionary and macro institutional approach that would explain the trajectories of social structures from a systemic perspective’, this book first aims at formulating a novel analytical framework thus, Institutional System Analysis in Political Economy. This framework comprises, inter alia, a model of path-dependent changes, and then attempts to apply it to the case of the Ottoman-Turkish social system. In sum, the book develops an ’interaction-theoretic and evolutionarily-structured approach’ with an aim to better capture the path-dependence and change of political, economic, and cultural action in terms of their intersectional dynamics.

The Foundations of Evolutionary Institutional Economics

The Foundations of Evolutionary Institutional Economics PDF Author: Manuel Scholz-Wackerle
Publisher: Routledge
ISBN: 1136008721
Category : Business & Economics
Languages : en
Pages : 405

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Book Description
Generic institutionalism offers a new perspective on institutional economic change within an evolutionary framework. The institutional landscape shapes the social fabric and economic organization in manifold ways. The book elaborates on the ubiquity of such institutional forms with regards to their emergence, durability and exit in social agency-structure relations. Thereby institutions are considered as social learning environments changing the knowledge base of the economy along generic rule-sets in non-nomological ways from within. Specific attention is given to a theoretical structuring of the topic in ontology, heuristics and methodology. Part I introduces a generic naturalistic ontology by comparing prevalent ontological claims in evolutionary economics and preparing them for a broader pluralist and interdisciplinary discourse. Part II reconsiders these ontological claims and confronts it with prevalent heuristics, conceptualizations and projections of institutional change. In this respect the book revisits the institutional economic thought of Thorstein Veblen, Friedrich August von Hayek, Joseph Alois Schumpeter and Pierre Bourdieu. A synthesis is suggested in an application of the generic rule-based approach. Part III discusses the implementation of rule-based bottom-up models of institutional change and provides a basic prototype agent-based computational simulation. The evolution of power relations plays an important role in the programming of real-life communication networks. This notion characterizes the discussed policy realms (Part IV) of ecological and financial sustainability as tremendously complex areas of institutional change in political economy, leading to the concluding topic of democracy in practice. The novelty of this approach is given by its modular theoretical structure. It turns out that institutional change is carried substantially by affective social orders in contrast to rational orders as communicated in orthodox economic realms. The characteristics of affective orders are derived theoretically from intersections between ontology and heuristics, where interdependencies between instinct, cognition, rationality, reason, social practice, habit, routine or disposition are essential for the embodiment of knowledge. This kind of research indicates new generic directions to study social learning in particular and institutional evolution in general.

Handbook of Institutional Approaches to International Business

Handbook of Institutional Approaches to International Business PDF Author: Geoffrey Wood
Publisher: Edward Elgar Publishing
ISBN: 1849807698
Category : Business & Economics
Languages : en
Pages : 641

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Book Description
'The latest generation of research in comparative institutional analysis of business is impressively captured in this volume; readers find depth in theory development, breadth in application to practice and policy, and insight on the big research issues ahead. Both generalist and specialist readers will find much of value here.' – Bruce Evan Kaufman, Georgia State University, US This inspiring Handbook brings together alternative perspectives from a range of disciplines to shed light on the nature of institutions and their relationship to firm-level practices and outcomes across a wide range of national settings. Expertly written by leading scholars from a range of different starting points, this compendium presents a synthesis of recent work relating to institutionally-informed accounts from transitional and emerging markets, as well as from mature economies. It specifically focuses on the linkage between institutions and what goes on inside firms, and the relationship between setting, strategic choice and systemic outcomes. The Handbook is explicitly multi-disciplinary, encompassing perspectives from a range of the functional areas of management studies. It will prove invaluable for postgraduate students and faculty in international business, and the wider research community in the areas of international business, corporate governance, socio-economics, and comparative HRM.

International Organizations in Global Social Governance

International Organizations in Global Social Governance PDF Author: Kerstin Martens
Publisher: Springer Nature
ISBN: 3030654397
Category : Political Science
Languages : en
Pages : 365

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Book Description
International Organizations (IOs) are important actors within global social governance. They provide forums for exchange, contention and cooperation about social policies. Our knowledge about the involvement of IOs varies significantly by policy fields, and we know comparatively little about the specific roles of IOs in social policies. This volume enhances and systematizes our understanding of IOs in global social governance. It provides studies on a variety of social policy fields in which different, but also the same, IOs operate. The chapters shed light on IO involvement in a particular social policy field by describing the population of participating IOs; exploring how a particular global social policy field is constituted as a whole, and which dominant IOs set the trends. The contributors also examine the discourse within, and between, these IOs on the respective social policies. As such, this first-of-its kind book contributes to research on social policy and international relations, both in terms of theoretical substantiation and empirical scope.

Ersatz Capitalism and Industrial Policy in Southeast Asia

Ersatz Capitalism and Industrial Policy in Southeast Asia PDF Author: Fabian Bocek
Publisher: Routledge
ISBN: 1000601552
Category : Social Science
Languages : en
Pages : 262

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Book Description
This book applies and develops the concept of “ersatz capitalism” in the analysis of industrial policy blockades to economic development in Malaysia and Indonesia. Drawing on insights from international political economy, development studies, industrial and innovation policy, and new institutionalism to refer to a specific type of capitalism, the book analyzes different paths and institutions of economic development within the entire East Asian region. Comprehensive theoretical insights are complemented by empirical case studies that relate to country and sectoral studies – the automotive and ICT industries – in Malaysia and Indonesia. Applying contemporary research on international political economy to refer to a specific type of capitalism, the author examines how conflicts of interest between factions of state apparatus, associations, and companies contribute to the failure of developmental policies. The unique combination of theory formation and empirical analysis provides a novel approach to international comparative research on capitalism. The book will be of interest to researchers in the fields of international political economy, development studies, new institutionalism, East Asian and Southeast Asian studies, and industrial and innovation policy.

The Evolution of Intermediary Institutions in Europe

The Evolution of Intermediary Institutions in Europe PDF Author: Poul F Kjaer
Publisher: Springer
ISBN: 1137484527
Category : Political Science
Languages : en
Pages : 217

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Book Description
This book investigates the consecutive shifts between three types of intermediary institutions in the European context: Corporatist, Neo-corporatist and Governance institutions. It does so by combining insights from European Political Economy; European Integration and governance studies; and, socio-legal studies in the European context.