Principles of an economic sociology of innovation

Author:

Reale Filippo1ORCID

Affiliation:

1. Faculty of Social Sciences Goethe‐University Frankfurt Frankfurt am Main Germany

Abstract

AbstractAlthough innovation is a core element of capitalist dynamics, it turns out that, to date, there is no coherent Economic Sociology of innovation, leaving the discipline oblivious to explaining fundamental economic dynamics. Nor has the enormous importance of novelty and innovation in current societal transitions evoked a corresponding research program in Economic Sociology, meaning that Economic Sociology struggles to grasp contemporary societal change. The article reviews the rather disparate diversity of approaches that could speak to a remedy, stepwise assembling and integrating them to establish the principles of an Economic Sociology approach to innovation. First, resonating with ‘embeddedness’ as the core paradigm of Economic Sociology, it spells out the embeddedness of innovation processes in social institutions. Next, it reviews innovation in relation to the diversity of normative, cultural‐cognitive, regulative, and relational institutions, carving out the relevance of the combination of institutions in ‘fields.’ It then determines ‘valuation’ as the overarching mechanism of how institutional frameworks interact with innovation processes. Eventually, discussing ‘institutional work’ as a major property of institutional frameworks, it raises awareness for the mechanisms of the ‘co‐evolution’ of institutions and innovations.

Publisher

Wiley

Reference216 articles.

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3