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Toward an institution-based paradigm
Journal article   Open access   Peer reviewed

Toward an institution-based paradigm

Mike. W Peng, Joyce. C Wang, Nishant Kathuria, Jia Shen and Miranda J Welbourne Eleazar
Asia Pacific journal of management, Vol.40, pp.353-382
06/2023
DOI: 10.1007/s10490-022-09861-6
url
https://doi.org/10.1007/s10490-022-09861-6View
Published (Version of record) Open Access

Abstract

As part of the broader intellectual movement throughout the social sciences that is centered on new institutionalism, the institution-based view has emerged as a leading perspective in the strategic management literature. This article (1) traces the emergence of the institution-based view, (2) reviews its growth in the last two decades, and (3) responds to three of its major criticisms. We also identify four promising research directions-deglobalization and sanctions, competitive dynamics, hybrid organizations, and corporate social responsibility. Overall, we demonstrate that the thriving research on institutions has culminated in an institution-based paradigm, which has significant potential for future growth.
Social Sciences Business & Economics Management

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