How do new business models emerge? Neoinstitltionalists argue that the process often begins when a policy shift undermines the status quo; groups then vie to define the best alternative. The authors explore the role of power in selecting between two alternative business models available to...

Neo-liberalism has two components. One is historical, and it revolves around the idea that advanced economies - particularly those of Britain and the US - developed under conditions that are best characterized as laissez-faire. The other is definitional, and it revolves around the idea that one...