This paper gives an overview of various approaches to how innovations affect economic growth: from standard macroeconomic equilibrium theory, growth accounting, new growth theories, catching-up theories, evolutionary theories based on theories of techno-economic paradigms and co-evolution to a systems of innovation approach. The paper focuses on approaches which sees growth as emanating from pr...

Contemporary institutional theorizing in the field of organizations dates back thirty-odd years. This particularly describes what are called new or neo-institutionalisms. These terms evoke contrasts with earlier theories of the embeddedness of organizations in social and cultural contexts, now retrospectively called the ‘old institutionalism’ (Hirsch & Lounsbury, 1997; Stinchcombe, 1997). They ...

the aim of this study was to show the interaction between the society, applicants and medical schools in terms of medical student selection. in this study, the trends to implement social factors in the selection process were highlighted. these social factors were explored through functionalism and conflict theories, each focusing on different categories of social factors. while functionalist th...

We draw from theories of institutions and collective identities to present a threefold framework of institutional change—involving institutional logics, resources, and social actors—that furthers our understanding of the mitigation of corruption. Those social actors intent on reforming corruption function as institutional entrepreneurs, and their success depends both on articulating an anticorr...

Institutional and ecological theories of organizations are consistently being seen as complementary rather than opposing perspectives. Both theories support the viewpoint that change is often detrimental to organizations. However, within institutional theory a lack of change can also be seen as a liability. To the extent that organizations do not change when their stakeholders change, they may ...

Field Editor: J.J. Chrisman The informal economy consists of economic activities that occur outside of formal institutional boundaries but which remain within informal institutional boundaries for large segments of society. We draw from diverse disciplines to frame research concerning entrepreneurship in the informal economy around three separate theories: institutional theory, motivation-relat...