Institutional Theory of Technological Change: Definition, Classification, Models

Sukharev Oleg, S.
Doctor of Economic Sciences (PhD), Professor, Senior Researcher, IE of RAS

Journal of Institutional studies, 2014, Vol. 6 (no. 1),

p. 84-106

The author attempts to outline the institutional theory of technological change, a definition of technology, defined by types and classes and to classify technologies according to various criteria. The elementary formalization of technology change process is held; an institutional rule of growth for the firm is obtained, and also the production process of the structural problem of choice is shown.

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Keywords: technology; institutions; technological change; transaction costs; the choice

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Publisher: Ltd. "Humanitarian perspectives"
Founder: Southern Federal University
ISSN: 2076-6297