Abstract
The Institutional Approach in Economic Geography: an Applicative View
Highlights
Post-modern development of economic geography brought a parallel use of traditional theoretical approaches and many new ones
The institutional approach in economic geography is often criticised for depending too much on theoretical concepts from economic sociology, institutional and evolutionary economics (Martin, 2005), for neglecting spatial categories (Kušar, 2008), for focusing too much on the regional level (Cumbers at al., 2003), and for lacking evidence from the field (Rodrigues-Pose, 1998), Barnes and his colleagues (2004) are convinced that the institutional approach in economic geography can serve as a strong theoretical and methodological background for studying the geographical dimensions of economic activities
They see the institutional approach in economic geography as the most appropriate contemporary economic-geographical approach by stating that ”to practice institutionalism is to practice economic geography” (Barnes et al, 2004, 16)
Summary
The institutional approach in economic geography developed as part of a broader cultural shift in economic geography in the 1990s. It highlights the importance of formal and informal institutions, technology, institutional embeddedness, and historical lock-in for understanding how development takes place in regions. Iako se svi ti institucionalni teorijski koncepti rabe prvenstveno u objašnjavanju međuregionalnih razlika u ekonomskom razvoju, postali su zanimljivi i kao teorijski temelj za razvoj inovativnih koncepata regionalnog planiranja i politika. Ovaj članak bavi se mogućnostima primjene institucionalnog pristupa u ekonomskoj geografiji na polju regionalnog planiranja i razvoja.
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