Institutional Change and Endogenous Development: Theoretical Contributions

This essay aims to address the existing theoretical gap regarding the in-depth study of institutional change and its relationship with the endogenous development potential of regions. The intersection of these two theoretical approaches offers an understanding of how changes in formal and informal i...

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Main Authors: Bruna Coradini Nader Adam, João Garibaldi Almeida Viana, Carine Dalla Valle
Format: Article
Language:English
Published: MDPI AG 2025-06-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/13/6/165
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author Bruna Coradini Nader Adam
João Garibaldi Almeida Viana
Carine Dalla Valle
author_facet Bruna Coradini Nader Adam
João Garibaldi Almeida Viana
Carine Dalla Valle
author_sort Bruna Coradini Nader Adam
collection DOAJ
description This essay aims to address the existing theoretical gap regarding the in-depth study of institutional change and its relationship with the endogenous development potential of regions. The intersection of these two theoretical approaches offers an understanding of how changes in formal and informal institutions can influence local development, especially when internal resources and local capacities drive this progress. The research was conducted using a bibliographic method and adopts a qualitative approach, seeking an in-depth understanding of the topic. Relevant assumptions about endogenous development were presented and articulated with the institutional change by Douglass North. The contribution of this theoretical approach was to highlight the role of institutional change as a driving force behind regional endogenous development, defining, from the perspective of endogenous development, the institutions that are determinants of the development process of economies. Based on our theoretical construction, we suggest future studies that are concerned with illustrating empirical cases of how formal and informal institutions can promote endogenous development.
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spelling doaj-art-cf43fccbf77940039b1b9d084d5d79c12025-06-25T13:44:16ZengMDPI AGEconomies2227-70992025-06-0113616510.3390/economies13060165Institutional Change and Endogenous Development: Theoretical ContributionsBruna Coradini Nader Adam0João Garibaldi Almeida Viana1Carine Dalla Valle2Business School, Campus Santana do Livramento, Federal University of Pampa (UNIPAMPA), Santana do Livramento 97573-634, Rio Grande do Sul, BrazilDepartment of Agricultural Education and Rural Extension, Center for Rural Sciences, Federal University of Santa Maria (UFSM), Santa Maria 97105-900, Rio Grande do Sul, BrazilBusiness School, Campus Pantanal, Federal University of Mato Grosso do Sul (UFMS), Corumbá 79304-902, Mato Grosso do Sul, BrazilThis essay aims to address the existing theoretical gap regarding the in-depth study of institutional change and its relationship with the endogenous development potential of regions. The intersection of these two theoretical approaches offers an understanding of how changes in formal and informal institutions can influence local development, especially when internal resources and local capacities drive this progress. The research was conducted using a bibliographic method and adopts a qualitative approach, seeking an in-depth understanding of the topic. Relevant assumptions about endogenous development were presented and articulated with the institutional change by Douglass North. The contribution of this theoretical approach was to highlight the role of institutional change as a driving force behind regional endogenous development, defining, from the perspective of endogenous development, the institutions that are determinants of the development process of economies. Based on our theoretical construction, we suggest future studies that are concerned with illustrating empirical cases of how formal and informal institutions can promote endogenous development.https://www.mdpi.com/2227-7099/13/6/165economic developmentinstitutionsinstitutional economicsregional development
spellingShingle Bruna Coradini Nader Adam
João Garibaldi Almeida Viana
Carine Dalla Valle
Institutional Change and Endogenous Development: Theoretical Contributions
Economies
economic development
institutions
institutional economics
regional development
title Institutional Change and Endogenous Development: Theoretical Contributions
title_full Institutional Change and Endogenous Development: Theoretical Contributions
title_fullStr Institutional Change and Endogenous Development: Theoretical Contributions
title_full_unstemmed Institutional Change and Endogenous Development: Theoretical Contributions
title_short Institutional Change and Endogenous Development: Theoretical Contributions
title_sort institutional change and endogenous development theoretical contributions
topic economic development
institutions
institutional economics
regional development
url https://www.mdpi.com/2227-7099/13/6/165
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