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Learning and Innovation in Organizations and Economies$
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Bart Nooteboom

Print publication date: 2001

Print ISBN-13: 9780199241002

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199241002.001.0001

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Institutions 1

Institutions 1

Chapter:
(p.91) 5 Institutions1
Source:
Learning and Innovation in Organizations and Economies
Author(s):

Bart Nooteboom

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199241002.003.0005

This chapter delves more deeply into the concept of institutions: What are they, how do they function, what is their role in economics, how do they develop? It recognizes different strands of institutional theory, and tries to build bridges between them. It yields criticism and a transformation of transaction-cost economics.

Keywords:   institutions, organizations, institutional economics, institutional theory

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