Innovation is sometimes perceived as a linear and sequential process, and at other times as multidimensional. Based on the common thread of 'awareness' that grounds many theories on innovation, we analyze the idea that a flexible informational awareness accounts for both perceptions within the...

We present an analytical approach to institutional analysis that draws inspiration from control process engineering in the physical sciences. We characterize smart institutions as having three foundational features. First, smart institutions are context sensitive and expressly allow for a...

This paper addresses the lack of context-sensitivity in institutional analysis by introducing control process theory. It suggests that institutions can be seen as control process superstructures that provide a specific environment within which control action is undertaken for a principal–agent...