Why are institutions the ‘carriers of history’?: Path dependence and the evolution of conventions, organizations and institutions
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Path dependency manifests itself in regional institutions and a spiky resource landscape.
“Path dependency manifests itself in regional institutions, which can be characterized as 'the carriers of history' ( David, 1994), and a spiky resource landscape.”
From Toward an Entrepreneurial Ecosystem Research Program (2022) · cites this paper as David, 1994
Cites
Coase, R. H. (1960) · The Journal of Law and Economics · doi:10.1086/466560 · Cited by 18,255 · see citing works
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From sectoral systems of innovation to socio-technical systems
Geels, F. W. (2004) · Research Policy · doi:10.1016/j.respol.2004.01.015 · Cited by 4,098 · see citing works
Toward an Entrepreneurial Ecosystem Research Program
Wurth, B., Stam, E., & Spigel, B. (2022) · Entrepreneurship Theory and Practice · doi:10.1177/1042258721998948 · Cited by 789 · see citing works
“Path dependency manifests itself in regional institutions, which can be characterized as ‘the carriers of history’ ( David, 1994), and a spiky resource landscape.”
- Authors
- David, P. A.
- Affiliations
- University of Oxford (GB)
- Corresponding author
- David, Paul A.
- Venue
- Structural Change and Economic Dynamics
- Publisher
- Elsevier BV
- Published
- 1994-12
- Volume
- 5
- Issue
- 2
- Pages
- 205-220
- ISSN
- 0954-349X (ISSN-L)
- OpenAlex
- W1970677847
- Cited by
- 929
- References
- 1
- Citations by year
- 2026: 24 · 2025: 27 · 2024: 38 · 2023: 45 · 2022: 31 · 2021: 34 · 2020: 37 · 2019: 56 · 2018: 64 · 2017: 39 · 2016: 36 · 2015: 42 · 2014: 37 · 2013: 47 · 2012: 29
- FWCI
- 15.60
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Structural Change and Economic Dynamics (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Theory and Institutions
- Social Sciences › Demography › Culture, Economy, and Development Studies
- Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Management and Organizational Studies
- Keywords
- path dependence, institutions, convention, organizations, new institutional economics, historical experience, coordination, information channels, rules and procedures, institutional development
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