Institutional Inertia: Theory and Evidence

This edited volume explores the concept of institutional inertia and its relationship to economic growth and development. Including insights from experts across disciplines, chapters identify the types, causes and effects―both positive and negative―of institutional inertia. By questioning the types of institutional inertia that improve economic performance and impact the effectiveness of the state, as well as studying their role in the dynamics of institutional change, the volume attempts to trace and understand the different evolutionary paths of societies. Bridging important research gaps, this volume will be of use to students, researchers, and practitioners of institutional and evolutionary economics, development economics, management, and organizational theory.

Nezameddin Faghih is an UNESCO Chair Professor Emeritus, and the Founding Editor-in-Chief of the Journal of Global Entrepreneurship Research (Springer). He has published more than 50 books and 100 fully refereed research articles, and presented more than 120 invited talks in academia, industry, and professional meetings. 

Ali Hussein Samadi is a Professor at the University of Shiraz, Iran. He has a Ph.D. in public sector economics. He specializes in institutional economics and econometrics. His research focuses on institutional economics, law and economics, property rights, system dynamics modeling, econophysics, and complex networks. He is the Editor-in-Chief of the Iranian Journal of Economic Studies (IJES).