An adequate summary of the multiple lines of discourse, results and controversies offered by
the papers which follow is obviously beyond the scope of a short introduction. Rather, what I …

What is now referred to as the New Institutional Economics and/or the New Economics of
Organization began to take hold about twenty years ago [Arrow (1969), Davis and North …

Partly this neglect is explained by the inherent complexity of those institutions. But can and
often does serve as an inducement rather than a deterrent. The primitive state of our …

Modern economic theory has long neglected, even ignored, the analysis of the different
modes of organization that characterize a market economy. Notwithstanding the efforts of …

THE SOCIALLY CONSTRUCTED nature of business enterprises as systems of coordination
and control of economic activities seems self-evident to most social scientists in the same …

The defining characteristic of the market economy is its organization of production and
distribution through the pricing system. In the network of (more or less) competitive markets …

Organisations and Institutions is a critical introduction to organisational economics. It
examines the threat to sociology from the imperialist expansion of economics and the …

The idea that industries ought to be analysed in an explicitly dynamic perspective is certainly
not new. The interest in the patterns of industrial dynamics and evolution was clearly at the …

Organization studies became institutionalized as a distinct research field in North America in
the 1960s as leading universities expanded to include the new behavioural and …

A principal tenet of modern social and economic theory has long been that a large
proportion of the production and distribution of goods and services takes place through …