AN INSTITUTIONAL THEORY INVESTIGATION: ANALYSIS OF THE MAIN TRENDS IN INNOVATION
DOI:
https://doi.org/10.18226/23190639.v9n2.06Keywords:
Organization, Legitimacy, Theory of InnovationAbstract
The present study aims to conduct a systematic review of the literature on Institutional Theory and innovation with a focus on investigating the respective trends and influences between the theories. Innovation is the use of new knowledge for the design of new products, services or processes, especially with an unprecedented character, in order to meet the current and future demands of industries, organizations and individuals. Globalization encouraged by innovations through development and diffusion, has increased mainly in the last two decades. The methodology used was a systematic literature review, the main articles were identified without a delimited time frame. The databases adopted were: Scopus, Web of Science and ScienceDirect. For that, filters were applied to the total portfolio of articles among the selected databases. Initially 106 articles were identified and 22 articles were selected to identify the trends and relationships between Institutional Theory and innovation. The results show the main trends in the literature between 2010 and 2020, the possible links between institutional theory and innovation, as well as the continents that carried out studies. Yet, it can be seen the main countries housing publications with impact factor on the approached themes and their locations. In addition, this study shows the most cited journals and presents an overview of Institutional Theory and Innovation. As future research, the authors suggest theoretical contributions on distinctions between formal and informal institutions, regulatory, normative and cultural-cognitive types of institutions.
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