The constraints imposed by the institutional framework (together with the other standard constraints of economics) define the opportunity set and therefore the kind of organizations that will come into existence.
The constraints imposed by the institutional framework (together with the other standard constraints of economics) define the opportunity set and therefore the kind of organizations that will come into existence.
有制度框架所施加的约束(连同其他标准的经济约束)决定了机会集合未来组织的性质。