Tag Archives: Walter W. Powell

What to read? Classics from economic sociology to management

This new series will list some of the classics (management, organizations, institutionalism, sociology, economic sociology) and useful books that might be included in a phd course or should be read by students to get a good foundation!

Fligstein’s The Architecture of Markets is a must read to understand how markets are built up on sociological foundations. Kathleen Thelen’s book, How Institutions Evolve, is  a very interesting piece on institutional evolution, chapters are taken up and discussed in many PhD courses I know of (for example at Stanford).

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Below are two books on organization theory with different approaches: Stinchcombe’s Information and Organizations and Hannan & Freeman’s Organizational Ecology.

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The next too are dealing with categories and their implications(Bowker & Star’s Sorting Things Out), and the social construction of reality (Berger & Luckmann).

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Not a classic yet, but this book features a good collection of papers on how clusters form and evolve, with examples from hollywood to biotech in Europe, US and China. It also contain papers that analyze how policies influence cluster development.

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(To be continued)

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Recipe for novelty: academia, venture capital and business blended together

A great book from John Padgett and Walter W. Powell about how new organizational forms emerge. They gathered cases and research from their extensive research careers together with new cases and work from other researchers.

The famous research of Florentine historical family networks by John Padgett is now seamlessly tied into the theoretical lessons learnt from the new academic biotechnology venturing and bio-pharmaceutical business clusters in the U.S.

To understand how new markets and business clusters emerge, and how new institutional forms take off, it is  a good idea to take a look at this book. I really loved the lecture about the book; there were many small details that makes the whole story vivid and useful.

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Filed under Academia, Organizations & Sociology