INSTITUTIONAL INNOVATIONS AND ORGANIZATIONAL SUSTAINABILIZING

Emil Dinga ()
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Emil Dinga: ”Victor Slavescu” Financial and Monetary Research Center, Romanian Academy, Romania

Contemporary Economy Journal, 2018, vol. 3, issue 4, 6-11

Abstract: The innovation capacity (potential) is a necessary feature of any dissipative systems. In the case of organizations that must maintain their structure and the correlative functions, i.e., must verify the state of sustainability, this feature is much more important. The paper examines the role of the innovation regarding especially the institutional innovation in generating and preserving the sustainable state and kinematics of organizations considered in the most abstract way: dissipative systems „endowed” with human beings. Some conceptual clarifications are delivered in order to prepare the considerations on the main mechanisms aimed to react to the external or internal perturbations on thes ustainability of the organizations in case. The paper goes beyond the simple resilience or robustness, by convoking some new and still polemical concepts: auto-poiesis, anti-fragility, Oedipus effect and so on. Finally, a logical map of emerging auto-poiesis in organizations are sketched.

Keywords: sustainability; auto-poiesis; organization; innovation; institutions (search for similar items in EconPapers)
JEL-codes: D50 M10 Q01 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:3:y:2018:i:4:p:6-11

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