Institutions as Knowledge Capital


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Institutions as Knowledge Capital

Vis færre oplysninger Foss, Nicolai J. en_US Garzarelli, Giampaolo en_US 2009-02-04T10:27:15Z 2009-02-04T10:27:15Z 2006-10-11T00:00:00Z en_US
dc.identifier.isbn 8791815347 en_US
dc.description.abstract The paper revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the common claim that Lachmann’s idiosyncratic (read: eclectic and multidisciplinary) approach to economics entails nihilism is unfounded, it reaches the following conclusions. (1) Lachmann held a sophisticated institutional position to economics that anticipated developments in contemporary new institutional economics. (2) Lachmann’s sociological and economic reading of institutions offers insights for the problem of coordination. (3) Lachmann extends contemporary new institutional theory without simultaneously denying the policy approach of comparative institutional analysis. (90 words.) Keywords Comparative institutional analysis, coordination, expectations, institutional evolution, interpretative institutionalism. JEL Codes B31, B52, B53, D80. en_US
dc.format.extent 28 s. en_US
dc.language eng en_US
dc.relation.ispartofseries SMG Working paper;2006-016 en_US
dc.subject.other komparative analyser en_US
dc.title Institutions as Knowledge Capital en_US
dc.type wp en_US
dc.accessionstatus miel06okt11 mielmo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Center for Strategi og Globalisering en_US
dc.contributor.departmentshort SMG en_US
dc.contributor.departmentuk Center for Strategic Management and Globalization en_US
dc.contributor.departmentukshort SMG en_US
dc.description.notes September 28, 2006; forthcoming, Cambridge Journal of Economics en_US
dc.idnumber 8791815347 en_US København en_US
dc.publisher.year 2006 en_US
dc.title.subtitle Ludwig M. Lachmann’s Interpretative Institutionalism en_US

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