Reconciling institutional theory with organizational theories

María de la Luz Fernández Alles · Ramón Valle Cabrera

86 citations0/0 files storedJournal of Organizational Change Management

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Management and Organizational Studies Economic Theory and Institutions Innovation and Knowledge Management

Abstract

Purpose The aim of the paper is to review and compare traditional and new institutional postulates in order to address some of the criticism that this theory has received. Design/methodology/approach Throughout this paper, five interesting paradoxes are presented in management contexts of change, the creation of competitive advantages, and organizational behaviour. Findings Light is shed on the integration efforts that seek to combine institutional theory with transaction cost theory, the resource‐based view of the firm, and the resource dependence theory. Originality/value The paper reviews the Oliver contribution work done around neoinstitutional theory. The paper offers a different view of organizational change, the creation of competitive advantage, and organizational behaviour.

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References

1991Firm Resources and Sustained Competitive Advantage 2004Firm resources and sustained competitive advantage 1985Economic Action and Social Structure: The Problem of Embeddedness 1977Institutionalized Organizations: Formal Structure as Myth and Ceremony 2004The iron cage revisited institutional isomorphism and collective rationality in organizational fields 2010Strategic management a stakeholder approach 1995Managing Legitimacy: Strategic and Institutional Approaches 1997Social Structure and Competition in Interfirm Networks: The Paradox of Embeddedness

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