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Institutional Theory of Technological Change: Definition, Classification, Models

Institutional Theory of Technological Change: Definition, Classification, Models

Journal of Institutional studies, , 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.

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

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