The Institutions of the Market: Organizations, Social Systems, and Governance

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. Contributors to this volume - Nikolaus Beck, Associate Professor, Faculty of Economics, University of Lugano, Switzerland. Christophe Boone, Professor of Organization Theory and Behavior, Faculty of Applied Economics, University of Antwerp, Belgium. Robert Boyer, Professor of Economics, CEPREMAP-ENS, Paris, France. Alexander Ebner, Affiliate Professor, Grenoble Ecole de Management, France and Assistant Professor, Chair of Public Finance and Fiscal Sociology, University of Erfurt, Germany. Neil Fligstein, Professor of Sociology, Department of Sociology, University of California at Berkeley, Berkeley, California, USA. Henrich R. Greve, Professor of Strategy, Norwegian School of Management, Sandvika, Norway. John Harriss, Professor of Development Studies, Development Studies Institute, London School of Economics and Political Science, London, UK. Bob Hinings, Professor Emeritus, Department of Strategic Management and Organization, School of Business, University of Alberta, Edmonton, Canada. Geoffrey M. Hodgson, Research Professor in Business Studies, Business School, University of Hertfordshire, Hatfield, UK. Bob Jessop, Professor of Sociology, Sociology Department, Lancaster University, UK. Alfred Kieser, Professor of Business Administration, Chair of Business Administration and Organisation, University of Mannheim, Germany. Namrata Malhotra, Lecturer, Tanaka School of Management, Imperial College, London, UK. Renate E. Meyer, Associate Professor, Institute of Public Management, Vienna University of Economics and Business Administration, Austria. Richard R. Nelson, Professor of International Political Economy, School of International and Public Affairs, Columbia University, New York, USA. Rudolf Richter, Professor Emeritus of Economics, Chair of Economic Theory, University of Saarland, Saarbrucken, Germany. Peter Walgenbach, Professor of Business Administration, Chair of Organisation Theory and Management, University of Erfurt, Germany. Filippo Carlo Wezel, Associate Professor of Organization and Strategy, Department of Organization and Strategy, Tilburg University, The Netherlands. Sidney G. Winter, Deloitte and Touche Professor of Management, The Wharton School, University of Pennsylvania, Department of Management, Philadelphia, Pennsylvania, USA. Arjen Van Witteloostuijn, Professor of Economics and Business, Department of International Economics and Business, University of Groningen, The Netherlands.