Jump to ContentJump to Main Navigation
Can Economic Growth Be Sustained?The Collected Papers of Vernon W. Ruttan and Yujiro Hayami$
Users without a subscription are not able to see the full content.

Keijiro Otsuka and C. Ford Runge

Print publication date: 2011

Print ISBN-13: 9780199754359

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:osobl/9780199754359.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use.date: 23 May 2022

Toward a Theory of Induced Institutional Innovation

Toward a Theory of Induced Institutional Innovation

(p.224) Chapter 12 Toward a Theory of Induced Institutional Innovation
Can Economic Growth Be Sustained?

Vernon W. Ruttan

Yujiro Hayami

Oxford University Press

This chapter explains a theory of institutional innovation, in which shifts in the demand for institutional innovation are induced by changes in relative resource endowments and technical change. It considers the impact of advances in social science knowledge and of cultural endowments on the supply of institutional change and examines the forces that act to shift the demand and supply of institutional innovation. The chapter concludes with a description of the elements of a general model of institutional change.

Keywords:   institutional innovation, resource endowments, technical change, cultural endowments, institutional change

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .