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Agency and Large-Scale Institutional Changes; The Study of the Creation of the Biopharmaceutical Industry in Iran
, Ph.D. Dissertation Sharif University of Technology ; Mashayekhi, Ali Naghi (Supervisor) ; Miremadi, Iman (Supervisor) ; Maleki, Ali (Co-Supervisor)
Abstract
Neither state planning nor economic liberalization has been the answer for developing countries to escape from the middle-income trap, mainly due to presence of institutional voids and due to the governance of hindering institutions. Therefore, we need another explanation for how of the development, which must include how institutions change and how new institutions and new institutional fields emerge. Developing countries are full of institutional voids and the governance of hindering institutions. Therefore, the process of economic development in these countries, is beyond the power of market and state, and needs agency. Responding to the recent call by the literature for doing more...