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The Emergence of Organizations and Markets
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The Emergence of Organizations and Markets

John F. Padgett and Walter W. Powell

Abstract

The social sciences have sophisticated models of choice and equilibrium but little understanding of the emergence of novelty. Where do new alternatives, new organizational forms, and new types of people come from? Combining biochemical insights about the origin of life with innovative and historically oriented social network analyses, this book develops a theory about the emergence of organizational, market, and biographical novelty from the coevolution of multiple social networks. The book demonstrates that novelty arises from spillovers across intertwined networks in different domains. In th ... More

Keywords: biographical novelty, multiple social networks, autocatalysis, autocatalytic reasoning, organizational novelty, state formation, communism, biotechnology industry, high-tech clusters, open source community

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780691148670
Published to Princeton Scholarship Online: October 2017 DOI:10.23943/princeton/9780691148670.001.0001

Authors

Affiliations are at time of print publication.

John F. Padgett, author
University of Chicago

Walter W. Powell, author

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Contents

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1 The Problem of Emergence

John F. Padgett Walter W. Powell

3 Economic Production as Chemistry II

John F. Padgett Peter McMahan Xing Zhong

7 Country as Global Market

John F. Padgett

11 The Emergence of the Russian Mobile Telecom Market

Valery Yakubovich Stanislav Shekshnia

12 Social Sequence Analysis

David Stark Balázs Vedres

13 Chance, Nécessité, et Naïveté

Walter W. Powell Kurt Sandholtz

14 Organizational and Institutional Genesis

Walter W. Powell Kelley Packalen Kjersten Whittington

15 An Open Elite

Walter W. Powell Jason Owen-Smith

17 Why the Valley Went First

Lee Fleming Lyra Colfer Alexandra Marin Jonathan McPhie

18 Managing the Boundaries of an “Open” Project

Fabrizio Ferraro Siobhán O’Mahony

Coda

Walter W. Powell John F. Padgett