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On the institutional innovation process: EU regulation through an evolutionary lens

Evita Paraskevopoulou ()

DEE - Working Papers. Business Economics. WB from Universidad Carlos III de Madrid. Departamento de Economía de la Empresa

Abstract: The focal point of this paper is the study of the process of emergence of novel institutions and the identification of factors that may influence the outcome of this process. We view inst accepted sets of rules that influence We consider regulations as endogenously emerging institutions that evolve in accordance to other socioeconomic factors and analyze the regulatory process at each of its stages adopting an evolutionary approach. Evidence shows that the regulatory process resembles the innovation process as it can be viewed as a process of knowledge accumulation and transmission that is facilitate empirically contextualized in the European political system, the detergents industry and specific regulations formed at European level. Data is drawn by secondary resour of public and private stakeholders participating in the process

Keywords: Evolutionary; theory; Institutions; Regulation; Policy (search for similar items in EconPapers)
JEL-codes: K20 L50 L65 O25 O43 (search for similar items in EconPapers)
Date: 2011-04
New Economics Papers: this item is included in nep-eur, nep-evo, nep-hme, nep-law and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:cte:wbrepe:wb111305

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