As part of the broader intellectual movement throughout the social sciences that is centered on new institutionalism, the institution-based view has emerged as a leading perspective in the strategic management literature. This article (1) traces the emergence of the institution-based view, (2) reviews its growth in the last two decades, and (3) responds to three of its major criticisms. We also identify four promising research directions—deglobalization and sanctions, competitive dynamics, hybrid organizations, and corporate social responsibility. Overall, we demonstrate that the thriving research on institutions has culminated in an institution-based paradigm, which has significant potential for future growth.

作为以新制度主义为中心的更广泛的社会科学知识运动的一部分，基于制度的观点已成为战略管理文献中的主要观点。本文 (1) 追溯制度本位观的出现，(2) 回顾其在过去二十年的发展，以及 (3) 回应其三个主要批评。我们还确定了四个有前途的研究方向——去全球化和制裁、动态竞争、混合组织和企业社会责任。总的来说，我们证明了蓬勃发展的制度研究已经在以制度为基础的范式中达到顶峰，这对未来的发展具有巨大的潜力。