Authors : Maria Cristina Drumond e Castro, Cesar Augusto Miranda Guedes, Jorge Alberto Velloso Saldanha, Marcio Silva Borges, Paulo Lourenco Domingues Junior and Cid Alledi Filho
Abstract: The core elements of the neo-institutionalist approach assumes economic growth as a peculiar process not liable to be copied by institutions in so far as the individual characteristics of each institutional trajectory are not reproduced due to its history and scenery and therefore, its configuration cannot be reproduced given the factual situations. This study approach discusses the main contributions of researchers like Hodgson, Thellen, North, Mahoney and Thellen and Chang and Evans about the institutions and the paradigm of change. The processes of change are presented and discussed in view of public policies and the processes of institutional change. The perception of change shows that economic, political and social institutions as well as the interaction of agents, financial resources and technology define the performance and the institutional development.
Maria Cristina Drumond e Castro, Cesar Augusto Miranda Guedes, Jorge Alberto Velloso Saldanha, Marcio Silva Borges, Paulo Lourenco Domingues Junior and Cid Alledi Filho, 2017. Discussions on Institutionalist Analysis and the Paradigm of Institutional Change. International Business Management, 11: 1112-1119.