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The New Old EconomyNetworks, Institutions, and the Organizational Transformation of American Manufacturing$
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Josh Whitford

Print publication date: 2005

Print ISBN-13: 9780199286010

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199286010.001.0001

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Networks, Noise, and Institutional Change

Networks, Noise, and Institutional Change

(p.26) 2 Networks, Noise, and Institutional Change
The New Old Economy

Josh Whitford (Contributor Webpage)

Oxford University Press

This chapter examines some of the social theoretical implications of the increasing decentralization of production, and establishes the core theoretical claim of the book: prominent sociological theories of economic coordination too quickly dismiss systematic contradictions and hedging behaviour by firms actively seeking to build collaborative network forms of organization. In so doing, these theories analytically obscure the need for, and possibilities of policymaking to help build and sustain normatively desirable collaborative production models.

Keywords:   decentralization, manufacturing, interfirm collaboration, economic organization

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