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Social science knowledge and induced institutional innovation: an institutional design perspective

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  • RUTTAN, VERNON W.

Abstract

In this paper I advance a model in which institutional innovation is induced by changes in resource endowments, cultural endowments and technical change. I also introduce the role of advances in social science knowledge as a source of institutional innovation. The sources of institutional innovation are illustrated by changes in land tenure and labor relations in Philippine agriculture, by the development of institutional design principles based on studies of small scale resource management, and by the transition from command and control to market based systems of resource management at the national level in the United States. In a final section I elaborate a pattern model that maps the general equilibrium relationship among change in resource endowments, cultural endowments, technology and institutions.
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  • Ruttan, Vernon W., 2006. "Social science knowledge and induced institutional innovation: an institutional design perspective," Journal of Institutional Economics, Cambridge University Press, vol. 2(03), pages 249-272, December.
  • Handle: RePEc:cup:jinsec:v:2:y:2006:i:03:p:249-272_00
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    Cited by:

    1. Michiko Iizuka & Jorge Katz, 2015. "Globalisation, Sustainability and the Role of Institutions: The Case of the Chilean Salmon Industry," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 106(2), pages 140-153, April.
    2. Nelson, Richard R., 2008. "What enables rapid economic progress: What are the needed institutions," Research Policy, Elsevier, vol. 37(1), pages 1-11, February.
    3. Jiandong Chen & Douglas Cumming & Wenxuan Hou & Edward Lee, 2016. "CEO Accountability for Corporate Fraud: Evidence from the Split Share Structure Reform in China," Journal of Business Ethics, Springer, vol. 138(4), pages 787-806, November.
    4. Richard R. Nelson, 2006. "What Makes an Economy Productive and Progressive? What Are the Needed Institutions?," LEM Papers Series 2006/24, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

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