Like technologies, institutions also compete and change, with new and improved versions emerging over time.
With information and money sloshing across the world, accelerated by new communication technologies, institutions and ideas of globalization are spreading across national boundaries.
Financial innovation can be considered "the act of creating and popularizing new financial instruments new financial technologies, institutions, and markets" (Lerner and Tufano 2011).
Such mechanisms comprise constellations of actors, technologies, institutions and their interactions leading to a specific type of phenomenon and refer to more confined social phenomena than transitions.
All the living organisms are generally (again, to a certain extent and within their life cycle) antifragile, as are many objects, technologies, institutions, social practices and systems which last for a long time.
Bell Labs, where I worked for seven years, was perhaps the most productive, innovative corporate technology institution in the 20th century.
While its social subsystem includes technology, institution and culture steered by man.
We showed that the further integration of intermittent renewable-based generation capacity adds to the hybridization of electricity supply in terms of technology, institution and performance.
The Spartan School of Aeronautics enrolls 1,500 students at its flight programs near Tulsa International Airport and the city's vocational education is headed by Tulsa Technology Center, the oldest and largest vocational technology institution in the state.
But this can still struggle to exercise power over the agendas of elite technology institutions, such as which innovations attract investment for production and marketing, and under what social criteria.
The choices made in cities today on transport, infrastructure, buildings and industry, as they grow rapidly over the coming decades, will determine the technology, institutions and behaviours they lock in and govern whether mankind can both manage climate change and capture the benefits of resource-efficient growth.
