Inertia: Resistance and Endurance

Nezameddin Faghih, Mahdi Jamshidi Khosh and Ali Reza Seifi
Additional contact information
Nezameddin Faghih: UNESCO Chair Professor Emeritus
Mahdi Jamshidi Khosh: Independent Scholar
Ali Reza Seifi: Independent Scholar

A chapter in Institutional Inertia, 2024, pp 19-45 from Springer

Abstract: Abstract Inertia is known as a fundamental and effective phenomenon in nature, humans and human (social) institutions. This phenomenon is woven into their warp and weft. In this chapter, inertia and its place in physical and non-physical structures is studied by examining the history of this concept and phenomenon as a mental model. There are two main viewpoints on inertia, i.e., Newton’s point of view about inertia (as a virtual force and a resistance factor to changes in motion), and Mach and Graneau’s point of view about inertia (as a real force and a preservative factor for the structure of bodies and universe). By reviewing the literature and taking this subject into contemplation, it is concluded that inertia consists of positive and negative aspects: the positive aspect works as a structure preservative and stabilizing force (Endurance Force), and the negative aspect works as a resistant force to structure change and dynamic state (Resistance Force). These two aspects of inertia have a fundamental and vital role in institutions’ structure, dynamics, and preservation. Furthermore, topics such as angular momentum and moment of inertia, wide applications of inertia, the origin of inertia, inertia as a mental model, cognitive inertia, inertia in society, phylogenetic inertia and ecological pressure in institutional evolution, and entropic inertia in institutional evolution are also studied. Finally, the institutional renewal time function is introduced and proposed, and the result of the balance between inertia and overcoming it, that is, the evolution of structural preservation, is also considered, emphasizing future research on the application of institutional renewal time function to different institutions and economies, and especially comparative studies on economies at different levels of development for a deeper understanding of institutional inertia.

Keywords: Inertia; Physics; Change; Structure; Institution; Mental model; Endurance; Resistance; Angular momentum. Moment of inertia; Mental model; Cognitive inertia; Phylogenetic inertia; Ecological pressure; Institutional evolution; Entropy. Renewal time function (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-031-51175-2_2

Ordering information: This item can be ordered from
http://www.springer.com/9783031511752

DOI: 10.1007/978-3-031-51175-2_2

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().