Institutional entrepreneurs and socio-institutional changes in Medellín, Colombia

During a period of regional structural change, the socio-institutional structure and the techno-economic structure are temporarily decoupled due to the relative inertia of the former compared with the rapid changes in the latter. The lag in the coevolution of the socio-institutional and techno-econo...

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Main Authors: Arnault Morisson, Eva Panetti
Format: Article
Language:English
Published: Taylor & Francis Group 2020-01-01
Series:Regional Studies, Regional Science
Subjects:
Online Access:http://dx.doi.org/10.1080/21681376.2019.1703796
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author Arnault Morisson
Eva Panetti
author_facet Arnault Morisson
Eva Panetti
author_sort Arnault Morisson
collection DOAJ
description During a period of regional structural change, the socio-institutional structure and the techno-economic structure are temporarily decoupled due to the relative inertia of the former compared with the rapid changes in the latter. The lag in the coevolution of the socio-institutional and techno-economic structures generates inefficiencies and instabilities, causing transitional failure. In exploring the rationale for policy intervention, this paper examines the actors that aim to influence socio-institutional changes in Medellín, Colombia. It finds that the private sector, under the informal leadership of the Grupo Empresarial Antioqueño, has played the role of institutional entrepreneurs to influence socio-institutional changes. In regions located on the knowledge periphery, in which the socio-institutional structure has not yet fully coevolved with the novel techno-economic structure, policy-makers can induce socio-institutional changes by learning from regions that have already transitioned to the novel techno-economic paradigm.
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spelling doaj.art-8c6d7844598f4183a4e2b7602d002b0c2022-12-21T19:45:02ZengTaylor & Francis GroupRegional Studies, Regional Science2168-13762020-01-0171355110.1080/21681376.2019.17037961703796Institutional entrepreneurs and socio-institutional changes in Medellín, ColombiaArnault Morisson0Eva Panetti1PAU Department, Mediterranean University of Reggio CalabriaInstitute of Studies on Mediterranean Societies (ISSM), National Research Council (CNR)During a period of regional structural change, the socio-institutional structure and the techno-economic structure are temporarily decoupled due to the relative inertia of the former compared with the rapid changes in the latter. The lag in the coevolution of the socio-institutional and techno-economic structures generates inefficiencies and instabilities, causing transitional failure. In exploring the rationale for policy intervention, this paper examines the actors that aim to influence socio-institutional changes in Medellín, Colombia. It finds that the private sector, under the informal leadership of the Grupo Empresarial Antioqueño, has played the role of institutional entrepreneurs to influence socio-institutional changes. In regions located on the knowledge periphery, in which the socio-institutional structure has not yet fully coevolved with the novel techno-economic structure, policy-makers can induce socio-institutional changes by learning from regions that have already transitioned to the novel techno-economic paradigm.http://dx.doi.org/10.1080/21681376.2019.1703796institutional entrepreneursinstitutional changetransitionsocial innovationpath development
spellingShingle Arnault Morisson
Eva Panetti
Institutional entrepreneurs and socio-institutional changes in Medellín, Colombia
Regional Studies, Regional Science
institutional entrepreneurs
institutional change
transition
social innovation
path development
title Institutional entrepreneurs and socio-institutional changes in Medellín, Colombia
title_full Institutional entrepreneurs and socio-institutional changes in Medellín, Colombia
title_fullStr Institutional entrepreneurs and socio-institutional changes in Medellín, Colombia
title_full_unstemmed Institutional entrepreneurs and socio-institutional changes in Medellín, Colombia
title_short Institutional entrepreneurs and socio-institutional changes in Medellín, Colombia
title_sort institutional entrepreneurs and socio institutional changes in medellin colombia
topic institutional entrepreneurs
institutional change
transition
social innovation
path development
url http://dx.doi.org/10.1080/21681376.2019.1703796
work_keys_str_mv AT arnaultmorisson institutionalentrepreneursandsocioinstitutionalchangesinmedellincolombia
AT evapanetti institutionalentrepreneursandsocioinstitutionalchangesinmedellincolombia