The institutional dimension of business behavior
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Abstract
This article proposes that the Latin American debate on local development can be enriched by incorporating an institutional analysis of business performance, something that has a long tradition in social sciences. In particular, the author suggests conducting such an analysis on the basis of rules, norms, conceptions and meanings revealed in the observable actions of entrepreneurs. In line with this perspective, an observation guide for obtaining data on this type of performance is suggested.
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References
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