Political Entrepreneurship and Institutional Change: an Evolutionary Approach

Hederer, Christian (2007): Political Entrepreneurship and Institutional Change: an Evolutionary Approach.

Abstract

The paper is a contribution to the theory of institutional change. Using a process-based, evolutionary framework, a comparative analysis of economic and political entrepreneurship is provided and implications are derived for the role of political entrepreneurship, and the element of agency in general, for the evolution of formal institutions and institutional innovation.

• Item Type: MPRA Paper
• Language: English
• Keywords: Institutional change; entrepreneurship; market process theory; evolutionary approach
• Subjects: D - Microeconomics > D7 - Analysis of Collective Decision-Making > D70 - General; B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B52 - Institutional ; Evolutionary; P - Economic Systems > P4 - Other Economic Systems > P48 - Political Economy ; Legal Institutions ; Property Rights ; Natural Resources ; Energy ; Environment ; Regional Studies

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