Institutional Perspective Research Articles

Indonesia’s financial resilience: Between optimism and risk

This study aims to evaluate the relationship between financial resilience, exchange rate, inflation, and economic growth from 1996 to 2022 using secondary data from the World Bank. The analysis method uses vector autoregressive to understand the causality dynamics between these variables. The results show that past economic growth positively impacts current economic conditions, but an increase in the exchange rate can hinder economic growth. The exchange rate also tends to be influenced by previous values, but high economic growth does not always increase the exchange rate. Previous conditions significantly affect financial resilience and can be strengthened by a strong currency. Meanwhile, inflation has an inverse relationship with economic growth, where past inflation seems to suppress current inflation, which price stabilization policies can cause. From an institutional economics perspective, this study provides an understanding of the interaction between various economic factors in the structural framework and policies that regulate economic activities. The impulse response function (IRF) shows that economic growth can react strongly to sudden changes, although this reaction may not last long. The exchange rate fluctuates with economic changes, reflecting market optimism and uncertainty. Financial resilience may be strong initially but may weaken over time, indicating the need for policies to strengthen the financial system to ensure economic stability. Furthermore, the role of social capital in economic resilience is highlighted as it can amplify the positive effects of a robust institutional framework by fostering trust and collaboration among economic actors. Inflation reacts differently to economic changes, challenging policymakers to balance growth and price stability. Overall, the IRF provides insights into how economic variables interact with each other and react to sudden changes, albeit with some uncertainty in the estimates. The forecast error decomposition variance (FEVD) analysis in this study reveals that internal factors initially influence economic growth, but over time, external factors such as the exchange rate, financial resilience, and inflation come into play. The exchange rate, which was initially volatile due to internal factors, becomes increasingly influenced by economic growth, indicating a close relationship between the economy and the foreign exchange market. From an institutional economics perspective, financial resilience, which was initially stable due to internal factors, becomes increasingly dependent on global economic conditions, suggesting the importance of a solid institutional framework for maintaining economic stability. In addition, inflation, which was initially explained by economic growth and exchange rates, has gradually become more influenced by financial resilience, indicating the importance of effective monetary policy in controlling inflation. This study highlights the importance of understanding how economic variables influence each other for effective economic governance. Integrating institutional economics and social capital perspectives provides a comprehensive framework for enhancing financial resilience and promoting sustainable economic development in Indonesia.

CYP3A5 pharmacogenetic testing for tacrolimus in pediatric heart transplant patients: a budget impact analysis.

Pharmacogenomic testing can optimize drug efficacy and minimize adverse effects. CYP3A5 polymorphisms affect the metabolism of tacrolimus. We sought to estimate the budget impact of preemptive pharmacogenomic testing for CYP3A5 in pediatric heart transplantation patients from an institutional perspective. A decision tree was constructed to estimate the budget impact of pediatric heart transplant patients (age ≤18 years) initiated on tacrolimus with and without CYP3A5 pharmacogenomic testing. The budget impact of preemptive pharmacogenomic testing versus no pharmacogenomic testing was calculated. One-way sensitivity analysis and alternative analyses were conducted to assess the robustness of results to changes in model parameters. CYP3A5 genotype-guided dosing provided savings of up to $17 225 per patient compared to standard dosing. These savings decreased to $11 759 when using another institution's data for the standard-dosing group. The time to achieve therapeutic concentration in the poor metabolizer genotype-guided dosing group had the largest impact on cost savings while the cost of the pharmacogenetic test had the smallest impact on cost savings. Implementing CYP3A5 testing could save $17 225 per pediatric heart transplant patient receiving tacrolimus. As pharmacogenomic testing becomes more widespread, institutions should track resource requirements and outcomes to determine the best implementation policies going forward.

The Historical Change, Evolutionary Logic and Dynamic Mechanism of China's Major Enrollment System

The general enrollment system is a hot issue in the field of higher education reform. And the scientific cognition of its historical evolution, internal logic and dynamic mechanism is helpful to promote the reform of China's undergraduate enrollment system. From the perspective of historical institutionalism, the evolution of Chinese enrollment categories can be divided into four major historical stages: historical gestation, preliminary exploration, rapid rise and in-depth development. Tracing the hidden institutional logic behind the policy, it is found that the initial conditions, positive feedback mechanism and mindset make the change of the major enrollment system have a strong path dependence. In terms of dynamic mechanism, politics, economy and society constitute the basic factors of institutional change; learning effect, adaptive expectation and resource optimization orientation constitute the internal driving force of self-strengthening in the system; and the interest game among various action subjects constitutes the direct driving force of institutional change. In the future, the major enrollment system will accelerate the comprehensive reform of higher education through the three aspects of deepening rational practice examination, enhancing cross-cultivation and exploration, and promoting the transformation of human-oriented management, so as to enable the connotative development of higher education.

9.P. Scientific session: National perspective on knowledge translation to bridge the gap between research and policy

Abstract National and international public health institutions play a crucial role in guiding public health policies. However, a key challenge in this process is to bridge the gap between the data collected and the insights required to guide decision-makers, commonly referred to as knowledge translation (KT). Various models have been proposed to facilitate the KT process in public health, and one of the widely recognized models is the Data-Information-Knowledge-Wisdom (DIKW) model, also known as the knowledge pyramid or information hierarchy. In this workshop, we provide insight into the Belgian perspective on the implementation of the DIKW pyramid, using the Belgian health status website as an example https://www.healthybelgium.be. The workshop will tackle the four distinct layers of KT, including data, information, knowledge, and wisdom. The first one involves the data collection process, and the importance of considering potential biases that may arise during this process. Information revolves around the data analysis and the translation of data into meaningful information. Knowledge builds on data-driven information by contextualizing public health analysis results. Finally, wisdom reflects the end-result of the DIKW model, highlighting the need to utilize knowledge for action and achieving results based on the analysis performed. The DIKW model provides a valuable platform by delineating the different layers required to move from raw data to knowledge and wisdom. This process is crucial in achieving an impact on public health, where the data analyzed by public health researchers informs the end-users, including policymakers and the public. Nonetheless, the DIKW model and its applicability to knowledge translation are the subjects of many debates. Within this workshop, the national perspective of the national public health institute in Belgium, Sciensano, on each level of the DIKW pyramid will offer participants concrete examples that might spark an initial step towards their nationwide implementation of the DIKW pyramid for KT. The workshop will offer a step-by-step presentation on the different KT layers, whereby the attendees will gain unique insights into the system implemented in Belgium. This presentation will foster a discussion for generating ideas and stimulating other countries to implement the DIKW pyramid. Key messages • The DIKW pyramid offers a valuable framework to guide knowledge translation in public health, which is a key task for public health institutes. • Attendees will receive an overview and a practical example of how the DIKW-model could be applied in a national context, including a discussion of the strengths and weaknesses of the pyramid.

A Review on University-Industry Collaborations from an Institutional Theory and Institutional Resilience Perspective

Institutional theory posits that organizations are in a reciprocal relationship within their environment, and in this sense, organizations are both shaped by their environment and reconstruct the existing environment with their actions. In an environment where actors mutually and reciprocally influence each other, there are substantial literature studies showing that the institutional effects may be an important factor for determining interfirm collaborations. However, the literature on institutional explanations for the establishment or non-formation of collaborations between university and industry in such environmental settings is relatively limited. In that regard, we employ institutional approach as a conceptual basis for the understanding of the processes of university- industry interactions. In our conceptual study, we aim to extend the institutional perspective by focusing on interorganizational collaborations in terms of university industry collective interactions where the actors mutually concerned with the normative, coercive, and mimetic pressures. We introduce the concept of institutional resilience to Triple Helix Model to propose some new research avenues.

Research Data Management in German Academia from a Multiple Logic Perspective

The requirements for research data management (RDM) have increased. Due to academia’s neoliberalization, however, researchers already face a high workload within a hypercompetitive environment. The demand to integrate RDM as an additional task into academics’ day-today actions seems to be quixotic. To deepen our understanding of early career researchers’ (ECRs) daily work arbitrage, we need to know more about their behavior, actions, and decisions in relation to RDM. Drawing on a multiple institutional logics perspective at the micro-level, we conducted 40 semistructured interviews at German higher education institutions (HEIs) to investigate how ECRs respond to institutional logics in the context of RDM. Our findings revealed three profiles – the conformist, the waverer, and the resister – that make use of different response strategies to the state, market, professional, and community logic. We contribute to institutional logic research at the micro-level and, in addition, broaden prior research on HEIs and RDM by taking neoliberal academia into account.

Navigating Sustainable Value Creation Through Digital Leadership Under Institutional Pressures: The Moderating Role of Environmental Turbulence

This study aims to examine the role of digital leadership in mediating the relationship between institutional pressures (regulatory, normative, and cognitive) and sustainable performance (economic, social, and environmental) from an institutional perspective. It further examines the moderating effect of environmental turbulence as uncertainty rises. Using a sample of 508 Chinese listed firms, this research empirically investigates the mediating role of digital leadership between institutional pressures and sustainable performance. Additionally, it outlines the moderating influence of environmental turbulence between institutional pressure and digital leadership, as well as between digital leadership and sustainable performance. Our findings indicate that enhanced digital leadership under institutional pressures can boost sustainable performance. Moreover, environmental turbulence has been identified as a moderating factor that weakens the relationship between cognitive pressure and digital leadership, and between digital leadership and sustainable performance.

Students’ business innovation capabilities: The moderating role of university support and entrepreneurial resilience

The high unemployment rate among university graduates is prompting universities to enhance the business skills of their students. This research aims to holistically explain the role of university support and entrepreneurial resilience in increasing students’ business innovation capabilities. To analyze phenomena and relationships between variables, a quantitative approach using partial least square structural equation modeling (PLS-SEM) was used. This research sample involved 165 student entrepreneurs who are members of the student entrepreneur community in Indonesia. Knowledge management does not significantly impact increasing business innovation capabilities. However, perceived university support and entrepreneurial resilience have been shown to significantly impact business innovation capabilities and strengthen the influence of knowledge management activities on increasing business innovation capabilities. Universities must create policies supporting extracurricular entrepreneurship programs, focusing on building entrepreneurial resilience. This can be achieved through workshops and business incubator initiatives involving partnerships with industry and the entrepreneurial community. This research provides a new perspective in analyzing higher education entrepreneurship education through a more in-depth explanation of the extracurricular activities of the student business community to build business innovation capabilities based on knowledge, institutional, and trait theory perspectives.

Effect of government's environmental attention on corporate philanthropy based on the institutional theory: Evidence from China's heavily polluting companies.

The underlying motivation behind corporate philanthropy (CP) is subject to multiple interpretations. For emerging markets, traditional interpretations based on a perspective of interest exchange often fall short. The institutional environment in China is characterized by uncertainty, particularly in the field of environmental protection, where the government's attention, a scarce institutional resource, can influence the behaviors of heavily polluting companies. The government's environmental attention (GEA) may be subject to campaign-style investment, which provides an opportunity for research. This study attempts to use institutional theory to construct a difference-in-differences model using the Central Inspection of Environmental Protection as an exogenous shock. It examines the causal impact of GEA on CP, observing that GEA has a positive effect on CP, especially for large companies, companies in less competitive industries, companies located in high-pollution areas, and companies with high environmental expenditure. The results indicate that campaign-style institutional changes provide a non-transactional political motivation for CP. In addition, we discuss the mechanism, which is the expectation change. Campaign-style institutional changes work by altering corporations' expectations of the future institutional environment. We verify this mechanism from two perspectives, namely, the intensity of changes caused by uncertainty and corporate sensitivity to changes. Our results remain robust when subject to several tests based on different identification hypotheses and alternative measures. Unlike the existing literature on the political connections driving CP in China, this study, based on the institutional theory framework, reveals that campaign-style institutional changes constitute a non-transactional, unidirectional political motivation, which is a significant driving factor for CP in a Chinese context. This study evaluates the importance of GEA and reveals the non-transactional political motivations from the institutional theory perspective. This not only enriches existing discussions on the political motivations of CP but also broadens our understanding of the relationship between institutional uncertainty and CP in emerging markets.

Institutional logics and organizational green transformation: Evidence from the agricultural industry in emerging economies

While the agricultural green transformation has garnered significant attention on the political stage as a crucial strategy for climate change mitigation and sustainable development, there remains a notable gap in our understanding of the prevailing logics that shape organizational decisions on this change in emerging economies. Drawing on the institutional logics perspective, this study explores the impact of state logic (manifested through green credit policy) and market logic (manifested through analyst attention) on agriculture-related firms' (ARFs') green transformation, as well as the moderating effects of organizational transparency and environmental, social, and governance (ESG) level. Using longitudinal data on 201 publicly listed ARFs in China from 2008 to 2020, we find that both state and market logics exert unique effects on facilitating the green transformation of ARFs. More notably, a complementarity between the two logics in offering value for ARFs’ green transformation is revealed. This complementary effect becomes more pronounced for organizations with a higher level of transparency or a superior ESG profile. Our study contributes to the neo-institutional perspective of organizational green transformation, a better understanding of conflicting institutional logics in emerging economies, and research on agricultural sustainability.

The contribution of digitalization to non-inclusive growth in Japan. A Régulationist perspective on post-industrial dynamics

While inclusive growth has been considered a major characteristic of post-war Japan, this is no more the case since the early 1990s as the country transitioned to a post-industrial economy. This paper seeks to explain that digitalization is a primary drive of growing inequalities in post-industrial Japan and argues for incorporating the digital divide into the investigation of changing economic structures and growth patterns. We mobilize the Régulation theoretical framework, which posits that the impact of technology on growth and inequality regimes is not homogenous across countries and over time. Our empirical investigation combines macro-level data and institutional perspective with case study of the hospitality sector, in line with the Régulationist concept of the ‘anthropogenic’ mode of development. Our major conclusion is that digitalization, in the specific Japanese context, is leading to non-inclusive growth patterns through its effects on the wage-labour nexus, in an idiosyncratic way.

Budget impact analysis of TPMT and NUDT15 pharmacogenomic testing for 6-mercaptopurine in pediatric acute lymphoblastic leukemia patients.

Pharmacogenomic testing identifies gene polymorphisms impacting drug metabolism, aiding in optimizing treatment efficacy and minimizing toxicity, thus potentially reducing healthcare utilization. 6-Mercaptopurine metabolism is affected by thiopurine methyltransferase (TPMT) and nudix hydrolase 15 (NUDT15) polymorphisms. We sought to estimate the budget impact of preemptive pharmacogenomic testing for these genes in pediatric acute lymphoblastic leukemia (ALL) patients from an institutional perspective. A Markov model was constructed to model the first cycle of the maintenance phase of chemotherapy for pediatric ALL patients transitioning between one of three health states: stable, moderately myelosuppressed, and severely myelosuppressed over 16 weeks, with each health state's associated costs derived from the literature. The patient's likelihood to experience moderate or severe myelosuppression based on metabolism phenotype was calculated from the literature and applied on a weekly basis, and the marginal budget impact of preemptive pharmacogenomic testing vs. no pharmacogenomic testing was calculated. One-way sensitivity analysis was conducted to assess parameter influence on results. Preemptive pharmacogenomic testing of TPMT and NUDT15 provided savings of up to $26 028 per patient during the maintenance phase. In the sensitivity analysis, the cost of outpatient management of moderate myelosuppression had the greatest impact on the budget, resulting in cost savings ranging from $8592 to $30 129 when the minimum and maximum costs of management were used in the model. Preemptive pharmacogenomic testing for TPMT and NUDT15 polymorphisms before initiation of maintenance therapy for pediatric ALL patients yielded considerable cost savings.

Factors impacting curricula in maritime simulator-based education

AbstractThe International Convention on Standards of Training, Certification, and Watchkeeping for Seafarers (STCW) provides a foundational framework for maritime education and training (MET). However, variations in its interpretation across different nations and institutions lead to diverse teaching practices and strategies. This diversity stems from differences in national regulations, resources, cultures, and the perspectives of institutions and instructors. This study introduces a concept map to scaffold the key concepts influencing maritime simulator-based education. By examining both the education system and student factors, the concept map offers insights into these various factors through observations from simulator-based teaching sessions and discussions with maritime educators and students. This tool can help identify differences and highlight good practices. It is a valuable resource for stakeholders, promoting a novel approach to developing an effective, comprehensive, coherent maritime simulator-based education.

Perceptions of e-lending in Scandinavian libraries: tension and harmony between institutional logics

ABSTRACT This study examines e-lending dynamics in Scandinavian public libraries, by exploring the relationship between libraries and publishing houses. We ask how representatives of both fields perceive the public library’s role. Public libraries and publishers have traditionally served different roles in the book sphere: the library as a key cultural policy institution providing access to information and culture, and the publishers as involved in the production of books, operating on commercial premises. This relationship is affected by the change from ownership to licensing of digital book collections, which occurs along with changes on the national book markets. As a theoretical and analytical tool, the study uses the institutional logics perspective to explore the relations between different perceptions. We argue that this relationship can be illuminated through the dynamics of public service logic, market logic and digital logic. The study is empirically based on 26 in-depth interviews interviews with representatives of Danish, Norwegian and Swedish major libraries and trade publishers. Findings indicate that the relationship is nuanced and multifaceted, more than if it relied on a simple opposition between the public and the market. Both libraries and publishers share a common understanding of public service and market logics; however, they differ in perceptions of library’s role which is amplified by digital logic. The study also indicates that e-lending dynamics are influenced by cultural policies but with different outcomes in the three countries.

Examining customer pressure and green supply chain management in emerging market: An institutional logics perspective

Employing contingency and configuration approach, this study explores the role of institutional logics in the relationship between customers' green expectations and firms' adoption of green supply chain management (GSCM) practices. The results of a survey of 310 supplier companies in China, an important emerging market, provide the empirical evidence for the coexistence of multiple institutional logics that are divergent from and almost incompatible with firms' GSCM practices. The multiple logics impose different and conflicting effects on the adoption of GSCM practices when responding to customers’ expectations. Thus, decisions about the adoption of GSCM practices are complicated and contingent on institutional logics. Despite advances in GSCM and rising customer expectations concerning sustainability and the environment, firms still struggle to engage suppliers. This study illuminates how multiple and competing institutional logics play a role in this area. Our results suggest that firms with predominantly cost logic are less likely to engage with GSCM compared to those with market or regulative logics.

Exploring the Institutional and Personal Determinants of Social Entrepreneurial Intentions: A Cross-Country Analysis

In this dynamic world with complex social, ecological, and economic problems, social entrepreneurship has emerged as a beacon of hope since the beginning of this century. The present study analyzes personal and country-level institutional antecedents of social entrepreneurial intentions (SEI) among business students of universities in Bangladesh, Malaysia, Romania and the USA. Our surveys resulted in a total of 788 valid responses (precisely 148 respondents from the USA, 242 from Romania, 213 from Malaysia, and 185 from Bangladesh). The research findings demonstrate that personal factors such as prior hardship in life and prior entrepreneurial experience are significant predictors of SEI, across the four country samples. From the institutional perspective, perceived social support has a positive influence on SEI in all the country samples except the USA, while entrepreneurial knowledge has a positive influence on SEI in the USA, Malaysia, and Bangladesh samples but not in the Romanian sample. However, the regulatory volatility does not affect SEI in any of the country samples except Bangladesh, where it has a positive impact.

Firm productivity and manufacturing exports in transition economies: An institutional and trade geography perspective

Firm productivity and manufacturing exports in transition economies: An institutional and trade geography perspective

Subsidiary strategy and importance of standards: An institutional development of the integration-responsiveness framework

According to the integration–responsiveness framework, subsidiaries of multinational enterprises (MNEs) are assigned different strategic roles depending on the business environments they operate in. MNEs are classified as multinational, international, transnational, and global firms. Although standards are crucial for both export performance and Foreign Direct Investment, there is no scientific knowledge on how different types of standards interrelate with MNE strategies. Derived from the review of the limited literature on the role of different types of standards for different MNEs subsidiary strategies, we take an institutional theory perspective and position different types of standards within the integration–responsiveness framework. Based on data collected within the German Standardization Panel, cluster analysis is performed confirming that MNEs’ subsidiary strategies can be grouped according to the importance of formal and company standards. While conformity with national formal standards is necessary to meet pressure for local responsiveness, the application of international standards provides firms with access to global markets. Company standards and management system standards are important to transnational firms to achieve efficiency gains and improve bargaining positions. We compare the export intensity of MNEs with different subsidiary strategies to validate our clustering. In addition, different motives for applying different types of standards confirm our conceptual positioning.

Taxation and entrepreneurship of migrant workers: evidence from China

PurposeMigrant workers play a vital role in the development of countries such as China. However, they often face greater barriers in entrepreneurship. Yet, few studies have focused on the effect of institutional factors on migrant workers' entrepreneurial behaviors. To address this gap, this study concentrates on the role of taxation.Design/methodology/approachThis study takes the agricultural tax abolition reform implemented in rural China since 2004 as an exogenous shock and uses the difference-in-difference (DID) method to examine its effect on migrant workers' entrepreneurship based on longitudinal data from the China Health and Nutrition Survey (CHNS).FindingsWe find that the reform significantly improves the probability of migrant workers engaging in entrepreneurship. Heterogeneity analysis reveals that the reform exerts a notably more pronounced positive impact on male, younger and migrant workers in the Western region. Further analysis reveals that the three main mechanisms are increased household income, female human capital accumulation and increased social capital, including social networks and social trust.Originality/valueThis study is first to offers an institutional perspective on the determinants of migrant workers' entrepreneurship in China. Additionally, the study can provide insights for policymaking intended to support employment and entrepreneurship among low-skill migrant workers.

Single Regulator dalam Multi Bar Organisasi Advokat Untuk Masa Depan Advokat yang Independent

Several multi-interpretive provisions in the Advocate Law are considered to violate the constitutional rights of advocates to carry out their profession. Over the years, this has resulted in quarrels and disputes between advocates regarding organizational matters, this of course has an impact on advocates, new advocates and also people seeking justice. The research method used in this research is the normative juridical method. This research is included in descriptive analysis research, aiming to describe carefully the single bar organization, history, debates, rules of advocates. The single bar system must be interpreted as an organization that accommodates all advocates, starting from education, oaths, codes of ethics and enforcement of codes of ethics. advocates so that there are clear standards to guarantee that lawyers are qualified and recognized by the state to be able to proceed in court. Judging from the institutional perspective of advocate organizations at the present time, it can be said that they are still not organized. The main factor is the lack of clear standardization in carrying out their authority as an advocate. With government intervention in efforts to form a single forum for advocate organizations as mandated by the Advocate Law, this will be realized. The government or state can do this because it has the power to form legal products, namely laws, including the Law on Advocates. The ideal concept in this research shows that the institution of a multi-bar advocate organization with a single regulator can restore the dignity of advocacy as a noble profession or nobile officiating.