Neil Fligstein’s Concept of Organizational Fields, Economic Processes and Dynamics, and Their Significance for Building Russian Markets

Research output

Abstract

This chapter brings together a field framework and economic theories linked
to growth and innovation, including evolutionary economics. One could
argue that field theory tends to privilege reproduction over change, and while
a field framework can accommodate change, scholars usually invoke it to
examine reproduction. The authors draw on Fligstein’s insights that exogenous
shocks—whether economic downturns or sudden state intervention—can
force field leaders and members to seek new field rules and conceptions of
control. These might not always favor innovation, however, as rent-seeking or
simply maintaining stability can outweigh perceived opportunities and gains
from innovation. Further, field rules in contemporary Russia are not so kind
to innovation, as too many (but not all) field leaders in the state and business
prefer stability, often enough for rent-seeking. To the extent there might be
some hope, however, it is with professionalization, especially in arbitration
courts.
Original languageEnglish
Title of host publicationExamining the History of the Russian Economy
EditorsJ. K. Hass
Place of PublicationUSA
PublisherPalgrave Macmillan Ltd.
Chapter10
Pages243-276
Number of pages33
ISBN (Electronic)ISBN 978-3-319-75414-7
ISBN (Print)ISBN 978-3-319-75413-0
Publication statusPublished - 2018

Scopus subject areas

  • Economics, Econometrics and Finance(all)

Cite this

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abstract = "This chapter brings together a field framework and economic theories linkedto growth and innovation, including evolutionary economics. One couldargue that field theory tends to privilege reproduction over change, and whilea field framework can accommodate change, scholars usually invoke it toexamine reproduction. The authors draw on Fligstein’s insights that exogenousshocks—whether economic downturns or sudden state intervention—canforce field leaders and members to seek new field rules and conceptions ofcontrol. These might not always favor innovation, however, as rent-seeking orsimply maintaining stability can outweigh perceived opportunities and gainsfrom innovation. Further, field rules in contemporary Russia are not so kindto innovation, as too many (but not all) field leaders in the state and businessprefer stability, often enough for rent-seeking. To the extent there might besome hope, however, it is with professionalization, especially in arbitrationcourts.",
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