Organizational Institutionalism, Institutional Economics, and Comparative Institutionalism Perspectives

Organizational Institutionalism, Institutional Economics, and Comparative Institutionalism Perspectives

José G. Vargas-Hernandez, Oma C. Vargas-González
DOI: 10.4018/978-1-6684-9261-1.ch013
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Abstract

The purpose of this study is to analyze the theoretical-conceptual relations between the frameworks of the organizational institutionalism and institutional logics, institutional economics and institutional distance, and the comparative institutionalism perspectives. The departing assumption is that economic, organizational, and comparative perspectives of the institutional theory have more similarities than differences in conceptual and theoretical assumptions. The method employed is meta-analytic cognition based on the analysis of a theoretical and conceptual literature review. The analysis concludes that the economic, organizational, and comparative institutional perspectives have theoretical differences anchored in economics, sociology, and political science leading to associated to distinct analysis levels, theoretical assumptions and explanations, boundary conditions, etc.
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Organizational Institutionalism And Institutional Logics

Organizational institutionalism has its roots in sociology in which institutions are relatively stable social structures formed by regulative, normative and cultural-cognitive elements associated to resources and activities aimed to provide meaning and stability to social life (Meyer & Rowan, 1977; Powell & DiMaggio, 1991; Selznick, 1957; Scott, 1995). Organizational institutionalism sustains the legitimacy mechanism required in institutional settings in order to comply with the institutional order limited knowledge of organizations and expectations in more familiar environments while in distant and unfamiliar environments, organizations have limited knowledge to operate with legitimacy (Kostova & Zaheer, 1999; Eden & Miller, 2004; Xu & Shenkar, 2002).

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