Toward an institution-based paradigm

Mike W. Peng (), Joyce C. Wang, Nishant Kathuria, Jia Shen and Miranda J. Welbourne Eleazar
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Mike W. Peng: University of Texas at Dallas
Joyce C. Wang: St. Cloud State University
Nishant Kathuria: Towson University
Jia Shen: University of Texas at Dallas
Miranda J. Welbourne Eleazar: University of Iowa

Asia Pacific Journal of Management, 2023, vol. 40, issue 2, No 1, 353-382

Abstract: 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.

Keywords: Competitive dynamics; Corporate social responsibility; Deglobalization; Hybrid organizations; Institutions; Institution-based view; New institutionalism; Paradigm; Sanctions (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (5)

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DOI: 10.1007/s10490-022-09861-6

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