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- W2012534401 abstract "Purpose – This article seeks to explain the mechanism of adapting enterprises to the requirements of sustainable development. It aims to base this analysis on the concept of new institutional economics.Design/methodology/approach – The theoretical basis of new institutional economics is used to understand and explain the behaviour of enterprises in relation to the natural environment.Findings – The article finds that new institutional economics, compared to rather formalised and abstract mainstream economics, may be quite successfully used in answering why economic entities undertake actions for environmental protection.Practical implications – New institutional economics may be used as a tool for understanding e.g. why some instruments aiming at environmental protection are more effective and efficient than other instruments. It may provide useful knowledge about the institutional environment while creating new environmental protection instruments. More empirical studies on a greater number of enterprise..." @default.
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- W2012534401 date "2008-02-29" @default.
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- W2012534401 title "Adaptation of enterprises to the requirements of sustainable development in the light of new institutional economics" @default.
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- W2012534401 doi "https://doi.org/10.1108/14777830810856591" @default.
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