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Roads with Many Junctions: Institutional Change in Open Systems

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Abstract:

The paper critically reviews different concepts of path dependency and suggests an alternative approach to understanding processes of institutional change. The value of this approach is illustrated by two pairs of case studies. The first pair deals with institutional change in a national system that collides with another institutional tradition. It investigates the impact of the attempted transfer of the US competition regime to German product and financial markets during the post-World War II period. The second pair of case studies investigates the creation and generation of transnational paths and the impact of that process on national paths and their (potential) transformation in the IASB (International Accounting Standards Board) and the ICN (International Competition Network). The comparative analysis of those two pairs of cases, leads to the following conclusions. First, path transformation and path generation are not the results of clearly identifiable and unique ruptures. Instead, they come about through the succession and combination, over a long period of time, of a series of incremental steps and junctures. They are the result of gradual but consequential change. Second, both pairs of cases reveal roads with many junctions and, in reality, a multiplicity of interlinked and interacting dynamic path. Finally, national path transformation and transnational path generation are increasingly part of co-evolutionary interaction. This means that we need to deploy analytical tools that are adapted to the analysis of multi-level and nested processes of institutionalization and de-institutionalization.

Most Common Document Word Stems:

institut (133), path (130), competit (100), chang (89), intern (72), account (64), nation (61), german (58), rule (56), system (56), bank (54), standard (47), european (45), depend (45), cartel (44), case (44), djelic (44), set (43), american (40), econom (40), develop (39),

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institutional change, varieties of capitalism, international norms
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MLA Citation:

Djelic, Marie-Laure. and Quack, Sigrid. "Roads with Many Junctions: Institutional Change in Open Systems" Paper presented at the annual meeting of the American Political Science Association, Marriott Wardman Park, Omni Shoreham, Washington Hilton, Washington, DC, Sep 01, 2005 <Not Available>. 2013-12-17 <http://citation.allacademic.com/meta/p40551_index.html>

APA Citation:

Djelic, M. and Quack, S. , 2005-09-01 "Roads with Many Junctions: Institutional Change in Open Systems" Paper presented at the annual meeting of the American Political Science Association, Marriott Wardman Park, Omni Shoreham, Washington Hilton, Washington, DC Online <PDF>. 2013-12-17 from http://citation.allacademic.com/meta/p40551_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Review Method: Peer Reviewed
Abstract: The paper critically reviews different concepts of path dependency and suggests an alternative approach to understanding processes of institutional change. The value of this approach is illustrated by two pairs of case studies. The first pair deals with institutional change in a national system that collides with another institutional tradition. It investigates the impact of the attempted transfer of the US competition regime to German product and financial markets during the post-World War II period. The second pair of case studies investigates the creation and generation of transnational paths and the impact of that process on national paths and their (potential) transformation in the IASB (International Accounting Standards Board) and the ICN (International Competition Network). The comparative analysis of those two pairs of cases, leads to the following conclusions. First, path transformation and path generation are not the results of clearly identifiable and unique ruptures. Instead, they come about through the succession and combination, over a long period of time, of a series of incremental steps and junctures. They are the result of gradual but consequential change. Second, both pairs of cases reveal roads with many junctions and, in reality, a multiplicity of interlinked and interacting dynamic path. Finally, national path transformation and transnational path generation are increasingly part of co-evolutionary interaction. This means that we need to deploy analytical tools that are adapted to the analysis of multi-level and nested processes of institutionalization and de-institutionalization.

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Document Type: PDF
Page count: 35
Word count: 14476
Text sample:
Marie-Laure Djelic Sigrid Quack ESSEC Business School Wissenschaftszentrum Berlin Avenue Bernard Hirsch B.P. 50105 für Sozialforschung 95021 Cergy-Pontoise Cedex Reichpietschufer 50 France 10785 Berlin Germany Djelic@essec.fr quack@wz-berlin.de Panel: Dynamics of Institutional Change in the European Political Economy (15-5) Chair: Peter A. Hall Roads with many junctions: Institutional change in open systems Marie-Laure Djelic ESSEC and Sigrid Quack WZB∗ Paper prepared for delivery at the 2005 Annual Meeting of the American Political Science Association September 1-4 2005. Copyright by the
Sharing and Organizational Careers’. Organization Studies 24(5): 667-695. Windolf P. and J. Beyer (1995). ‘Unternehmensverflechtung im internationalen Vergleich‘ Kölner Zeitschrift für Soziologie und Sozialpsychologie 47(1): 1-36. Windolf P. and S. Schief (1999). ‚Unternehmensverflechtung in Ostdeutschland‘ Kölner Zeitschrift für Soziologie und Sozialpsychologie 51(2): 260-282. WTO (2000). Report of the Working Group on the Interaction between Trade and Competition Policy to the General Council http://docsonline.wto.org/imrd/ Zeiler T. (1999). Free Trade Free World: The Advent of GATT. Chapel Hill: University of North


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