- The Institutions of the Market - Organizations, Social Systems, and Governance.pdf
The Institutions of the Market: Organizations, Social Systems, and Governance
by Alexander Ebner (Editor), Nikolaus Beck (Editor)
Contents
List of Figures vii
List of Tables viii
List of Contributors ix
Introduction: The Institutions of the Market 1
Alexander Ebner
Part I. Market Agents: Knowledge and Learning in Organizations
1. The Emergence of the Idea of Institutions as Repositories
of Knowledge 23
Geoffrey M. Hodgson
2. Dynamic Capability as a Source of Change 40
Sidney G. Winter
3. Rules, Routines, and Learning in Organizations 66
Alfred Kieser
4. Problemistic Search and (Inter-)Organizational Learning 87
Henrich R. Greve
5. Change in Institutional Fields 106
C. R. Hinings and Namrata Malhotra
Part II. Market Process: Rules, Norms, and the Social System of
Market Competition
6. Myths of the Market 131
Neil Fligstein
v
Contents
7. On the Social Structure of Markets: A Review and Assessment
in the Perspective of the New Institutional Economics 157
Rudolf Richter
8. Institutional Entrepreneurship and the Structuring of
Organizations and Markets 180
Peter Walgenbach and Renate E. Meyer
9. Organizational Ecology as a Theory of Competition 202
Nikolaus Beck
10. Different Paths of Industry Evolution: Timing of Entry,
Legitimation, and Competition Spillovers Across Countries 221
Filippo Carlo Wezel, Christophe Boone, and
Arjen van Witteloostuijn
Part III. Market Governance: Regulation, Coordination,
and Public Policy
11. Co-evolution of Technologies and Institutions in
Market Economies 253
Richard R. Nelson
12. Institutional Evolution and the Political Economy
of Governance 287
Alexander Ebner
13. Explaining Economic Change: The Relations of Institutions,
Politics, and Culture 309
John Harriss
14. Polanyian, Regulationist, and Autopoieticist Reflections
on States and Markets and their Implications for the
Knowledge-Based Economy 328
Bob Jessop
15. Pierre Bourdieu, a Theoretician of Change? The View from
Régulation Theory 348
Robert Boyer
Index 398
vi
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.
About the Author
Alexander Ebner is Affiliate Professor in the Grenoble Ecole de Management, Grenoble, France.
Nikolaus Beck is Assistant Professor and Chair of Organization Theory and Management, at the University of Erfurt, Germany