Chinese Journal of Sociology

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Market, Institution and Network: Three Explanatory Paradigms of Industrial Development

Author 1: Liang Bo, Department of Sociology, Shanghai University; Author 2:Wang Haiying,School of Economics and Management, Nanhua University)   

  1. Author 1: Liang Bo, Department of Sociology, Shanghai University; Author 2:Wang Haiying, School of Economics and Management, Nanhua University
  • Online:2010-11-24 Published:2010-11-24
  • Contact: Author 1: Liang Bo, Department of Sociology, Shanghai University E-mail:mduhalami@126.com
  • About author:Author 1: Liang Bo, Department of Sociology, Shanghai University; Author 2:Wang Haiying, School of Economics and Management, Nanhua University
  • Supported by:

    The research was supported by Doctoral Student Innovation Fund of Shanghai University “Institution and Action Strategy: An Analysis on the Transformation of Development Paradigm for Chinese Oil Industry in the Perspective of Organizational Sociology” (SHUCX091066).

Abstract:

Industrial development has been an important issue in social science research. Three explanatory paradigms on this topic have emerged from the existing theories. They are the marketism paradigm represented by the neoclassic industry theories; the institutionalism paradigm represented by the historical institutionalism school and the organizational institutionalism school in economic sociology; and the networkism paradigm represented by the theories of networks and social capital. These theoretical paradigms take market mechanism, institution, policies in the industry, industrial networks, and social capital as the core explanatory factors for industrial development. Accordingly, in some sense, these paradigms have a transparent inclination of “marketdeterminism”, “institutiondeterminism”, and “networkdeterminism”, respectively.

Key words: marketism , institutionalism  ,  networkism ,  explanatory paradigm