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What is Institutional Perspective

Handbook of Research on Economic Growth and Technological Change in Latin America
Legitimate arrangements that govern economic and social business and human behavior in a particular society.
Published in Chapter:
Ideologies and Practices of Management in Latin America
Andreas M. Hartmann (Tecnologico de Monterrey, Mexico) and Anabella Davila (Tecnologico de Monterrey, Mexico)
DOI: 10.4018/978-1-4666-6224-7.ch002
Abstract
This chapter seeks to explain the common features of the ideologies and practices of management in Latin America. Using an institutional approach, the authors show that specific historical, social, and economic conditions have shaped a certain way of management unique to this region. Latin America´s colonial heritage and its contemporary institutions have led to a hybrid managerial ideology that defines how firms interact with their local and global environments.
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Social Entrepreneurship: Does Institutional Environment Make a Difference?
Approach that highlights the critical importance of the environment that surrounds the social entrepreneur in the development of new social ventures.
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