Posts filed under ‘Institutions’

ISNIE 2014

| Peter Klein |

logoThe ISNIE 2014 Call for Papers is now available. The conference is at Duke University, 19-21 June 2014, home of President-Elect and Program Committee Chair John de Figueiredo. Bob Gibbons and Timur Kuran are keynote speakers. ISNIE is one of our favorite conferences, so please consider submitting a proposal! Submissions are due 30 January 2014.

3 December 2013 at 10:04 am Leave a comment

Symposium on Allen’s Institutional Revolution

| Peter Klein |

Here is a symposium on Doug Allen’s very important book The Institutional Revolution (Chicago, 2011). The symposium features essays by Deirdre McCloskey, Joel Mokyr and José-Antonio Espín-Sánchez, and our own Dick Langlois, along with a reply by Doug. The issue revolves around the role of measurement, and Doug’s thesis that reductions in measurement costs are central to improved economic performance.

My favorite line, from Doug’s reply:

I have read “The Problem of Social Cost” more times than I can recall, and study as I may, I have never found a logical error in it. But here is the point: if the author, both at the time and 30 years later, still failed to fully grasp his own perfect work, then it is an understatement to note that the ideas are subtle.

25 October 2013 at 9:24 am Leave a comment

Private, For-Profit Legal Education

| Peter Klein |

The WSJ profiles InfiLaw, a network of private-equity backed, for-profit law schools that is challenging the established model of legal education. From what I understand, InfiLaw seems to be the University of Phoenix of law schools, providing vocationally oriented training for the lower-end of the market (but, unlike for-profit business schools, charging upmarket prices).

InfiLaw’s schools aren’t designed to compete with the Harvards and Stanfords. The approach, the company says, has mostly been to target students, including many minorities, whose grade-point averages or LSAT scores don’t qualify them for admission at the top schools. . . .

Some in the academy think InfiLaw is compounding the problems in legal education, which is graduating far more students than there are entry-level jobs for lawyers. Critics, including former students who have sued Florida Coastal, see the company as a predatory outfit that peddles false promises to students in exchange for high tuitions.

Others think criticisms of InfiLaw are based on elitism embedded within the legal academy,

As we’ve noted before, it is unlikely that newer, private, for-profit colleges, universities, and professional schools can compete head-to-head with the traditional schools, but why should they? Certainly there is room for more creativity, experimentation, and innovation, structurally and pedagogically, in legal education, as with other forms of higher learning. InfiLaw may be ineffective, or even a scam, but viva la diversité!

21 October 2013 at 9:57 am Leave a comment

World Interdisciplinary Network for Institutional Research

| Dick Langlois |

I have recently become involved with a new organization that many readers may be interested in. It’s called the World Interdisciplinary Network for Institutional Research (WINIR). From the website:

WINIR is a specialist but global network. It is set up to complement rather than rival other organisations that have the study of institutions on their agenda. Unconfined to any single academic discipline, it accepts contributions from any approach that can help us understand the nature and role of institutions. While other organisations are intended to act as broad forums for all kinds of research in the social sciences, WINIR aims to build an adaptable and interdisciplinary theoretical consensus concerning core issues, which can be a basis for cumulative learning and scientific progress in the exciting and rapidly-expanding area of institutional research.

You can learn more and sign up here. If you join now, you will be considered a founding member. WINIR is tentatively planning a conference for next year near London and one the year after that in Rio.

8 October 2013 at 1:24 pm Leave a comment

From MOOC to MOOR

| Peter Klein |

Via John Hagel, a story on MOOR — Massively Open Online Research. A UC San Diego computer science and engineering professor is teaching a MOOC (massively open online course) that includes a research component. “All students who sign up for the course will be given an opportunity to work on specific research projects under the leadership of prominent bioinformatics scientists from different countries, who have agreed to interact and mentor their respective teams.” The idea of crowdsourcing research isn’t completely new, but this particular blend of MOO-ish teaching and research constitutes an interesting experiment (see also this). The MOO model is gaining some traction in the scientific publishing world as well.

3 October 2013 at 8:48 am 1 comment

New Member of the Academy of … Family

| Nicolai Foss |

So, we have the Academy of Management Review and the Academy of Management Journal, commonly acknowledged as the top theory and empirical management journal, respectively. We are also blessed with the Academy of Management Perspective (formerly, the Academy of Management Executive), which seeks (successfully) to style itself as the management research equivalent to the Journal of Economic Perspectives. Then there is also the Academy of Management Learning and Education and there is the rather recently established Academy of Management Annals.

The sixth member of the family is now being launched, and has assumed the name of the Academy of Management Discoveries.  The founding editor is Andrew H. Van de Ven  who is the Vernon H. Heath Professor of Organizational Innovation and Change in the Carlson School of Management of the University of Minnesota, a major figure in organization theory over the last 4 decades, and a former President of the Academy of Management. According to the journal’s website, AMD will”promote the creation and dissemination of new empirical evidence that strengthens our understanding of substantively important yet poorly understood phenomena concerning management and organizations.” The journal is “phenomenon-driven” rather than aimed at theory testing per se.

In the end, I am not entirely convinced that this is that different from the mission and practice of the Academy of Management Journal, and I can see a scenario where we get an AMJ #2.  However, the journal is open to replication research and “evidence-based assessments”, and certainly the first characteristic would seem to set it apart from the AMJ (even if replication research and evidence-based assessments would seem to pull away from phenomenon-driven discovery and towards theory testing).

Here is a brief YouTube clip with Van de Ven talking about the kind of research that the AMD will publish.

Manuscripts can be submitted here.

21 September 2013 at 11:46 am 3 comments

Varia on Impact Factors, Journals, Publishing …

| Nicolai Foss |

  • Here is an interesting popular piece from The Atlantic about, among other things, a Brazilian citation cartel.
  • Yes, replication papers are publishable in social science journals; check out this post.
  • We have Management Science, Marketing Science, Organization Science … Now we will also have Sociological Science.
  • Very interesting piece on harmful, unintended consequences of journal rankings, such as more misconduct, more retractions, less reliable research, and so on.

17 September 2013 at 8:46 am 1 comment

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Our Recent Books

Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
Nicolai J. Foss, Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).
Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
Nicolai J. Foss and Peter G. Klein, eds., Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).
Nicolai J. Foss and Volker Mahnke, eds., Competence, Governance, and Entrepreneurship: Advances in Economic Strategy Research (Oxford, 2000).
Nicolai J. Foss and Paul L. Robertson, eds., Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).

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