IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/55011.html
   My bibliography  Save this paper

Metaphors and Analogies in Institutional Economic Theory

Author

Listed:
  • Frolov, Daniil
  • Lavrentyeva, Anna

Abstract

The article presents the critical review of physical and biological metaphors in the institutional economic theory. It is proved that physical (including mechanistic) analogies are most adequate for the associative characteristic of a statics and kinetics of institutional systems, and biological – for the figurative description of their evolution. Efficiency of use of metaphors and analogies from the most developed, vanguard areas of natural-science researches is shown.

Suggested Citation

  • Frolov, Daniil & Lavrentyeva, Anna, 2014. "Metaphors and Analogies in Institutional Economic Theory," MPRA Paper 55011, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:55011
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/55011/1/MPRA_paper_55011.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dequech, David, 2013. "Economic institutions: explanations for conformity and room for deviation," Journal of Institutional Economics, Cambridge University Press, vol. 9(1), pages 81-108, March.
    2. Polterovich, Victor, 2001. "Трансплантация Экономических Институтов [Transplantation of Economic Institutions]," MPRA Paper 22034, University Library of Munich, Germany.
    3. R. Kapelyushnikov., 2008. "Ownership without Legitimacy?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 3.
    4. Maslov, Alexander & Volchik, Vyacheslav, 2010. "Neutral Markets, Non-neutral Institutions and Economic Evolution," MPRA Paper 42692, University Library of Munich, Germany.
    5. Richard Nelson, 2012. "Why Schumpeter has had so little influence on today’s main line economics, and why this may be changing," Journal of Evolutionary Economics, Springer, vol. 22(5), pages 901-916, November.
    6. O. Inshakov & D. Frolov., 2010. "Economic Institutionalism: An Evolutionary Perspective," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 9.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nastasi, Federico & Spagano, Salvatore, 2023. "Institutionalist Clues in Celso Furtado’s Economic Thought," MPRA Paper 120242, University Library of Munich, Germany.
    2. Seokbeom Kwon & Jan Youtie & Alan Porter & Nils Newman, 2024. "How does regulatory uncertainty shape the innovation process? Evidence from the case of nanomedicine," The Journal of Technology Transfer, Springer, vol. 49(1), pages 262-302, February.
    3. Sidney G. Winter, 2017. "Pursuing the evolutionary agenda in economics and management research," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(3), pages 721-747.
    4. Uzuegbunam, Ikenna & Geringer, J. Michael, 2021. "Culture, connectedness, and international adoption of disruptive innovation," Journal of International Management, Elsevier, vol. 27(1).
    5. Ageeva Svetlana & Suslov Nikita, 2005. "Energy Consumption and GDP in Market and Transitional Economies," EERC Working Paper Series 05-05e, EERC Research Network, Russia and CIS.
    6. Frolov, Daniil, 2019. "From institutions to extitutions to the post-institutional theory of institutional anomalies," MPRA Paper 95960, University Library of Munich, Germany, revised 10 Sep 2019.
    7. Polishchuk, Leonid, 2010. "Misuse of Institutions: Lessons from Transition," WIDER Working Paper Series 075, World Institute for Development Economic Research (UNU-WIDER).
    8. Andrieş, Alin Marius & Plopeanu, Aurelian-Petruş & Sprincean, Nicu, 2023. "Institutional determinants of households’ financial investment behaviour across European countries," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 300-325.
    9. Callegari, Beniamino & Nybakk, Erlend, 2022. "Schumpeterian theory and research on forestry innovation and entrepreneurship: The state of the art, issues and an agenda," Forest Policy and Economics, Elsevier, vol. 138(C).
    10. Frolov, Daniil & Shulimova, Anna, 2014. "The Institutionalization of Socio-Responsible Business: Global Trends and Regional Features," MPRA Paper 54963, University Library of Munich, Germany.
    11. Erik E. Lehmann & Julian Schenkenhofer & Katharine Wirsching, 2019. "Hidden champions and unicorns: a question of the context of human capital investment," Small Business Economics, Springer, vol. 52(2), pages 359-374, February.
    12. Popov, Vladimir, 2010. "The Long Road to Normalcy," WIDER Working Paper Series 013, World Institute for Development Economic Research (UNU-WIDER).
    13. Johnson, Dominic D.P. & Price, Michael E. & Van Vugt, Mark, 2013. "Darwin's invisible hand: Market competition, evolution and the firm," Journal of Economic Behavior & Organization, Elsevier, vol. 90(S), pages 128-140.
    14. Angela Ambrosino, 2017. "The Role of Agents’ Propensity toward Conformity and Independence in the Process of Institutional Change," STOREPapers 1_2017, Associazione Italiana per la Storia dell'Economia Politica - StorEP.
    15. Richard R. Nelson, 2016. "Behavior and cognition of economic actors in evolutionary economics," Journal of Evolutionary Economics, Springer, vol. 26(4), pages 737-751, October.
    16. Zweynert, Joachim, 2007. "Interests versus culture in the theory of institutional change?," HWWI Research Papers 5-3, Hamburg Institute of International Economics (HWWI).
    17. Guido Rossi & Salvatore Spagano, 2018. "From Custom to Law, An Economic Rationale behind the Black Lettering," Journal of Economic Issues, Taylor & Francis Journals, vol. 52(4), pages 1109-1124, October.
    18. Vladimir Popov, 2009. "Why the West Became Rich before China and Why China Has Been Catching Up with the West since 1949: nother Explanation of the “Great Divergence” and “Great Convergence” Stories," Working Papers w0132, New Economic School (NES).
    19. Volchik Vyacheslav, 2011. "Facilities of original institutional economics in research of institutional changes," Journal of Economic Regulation Journal of Economic Regulation (Вопросы регулирования экономики), CyberLeninka;Общество с ограниченной ответственностью «Гуманитарные перспективы», vol. 2(4), pages 24-38.
    20. Daniil P. Frolov & Agnessa O. Inshakova & Marina L. Davydova, 2017. "The Institutional Factors of Strategic Development and the Tactical Regulation of Nanotechology," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 588-606.

    More about this item

    Keywords

    metaphors; institutionalism; institutions; path dependence; vacuum; field; impurities; niche construction; transplantation; genetics; evolution;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:55011. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.