2 The Sociological Branch of Neo-Institutional Theory
A Relevant Framework for Analysing the Effects of the Economic Crisis on Fast-Growing Economies?
Valentina Carbone
The sociological branch of neo-institutional theory (NIT) rests on a unifying principle: the behaviour of organizations and individuals are influenced and constrained socially. NIT has been forged over time and has been used for the analysis of complex systems, from interpersonal interactions to global interactions between institutions and organizations. The behavioural assumption upon which NIT is based is that organizations’ behaviour is guided by a logic other than pure economic rationality: specifically, the pursuit of social legitimacy. Consequently, there is a particular ...
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