Study on the Reform of Sports based on Institutional Change Theory.docVIP

Study on the Reform of Sports based on Institutional Change Theory.doc

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Study on the Reform of Sports based on Institutional Change Theory   Abstract. In this paper, the role of the institutional change in the reform of sports is specifically analyzed through comparing the main contents of property right institutional meaning and change theory as well as the existing two major institutional change theories.   Key words: Institutional Change; Reform of Sports   The core of the reform of sports lies in the change of an institution in reality, and it decides whether the reform of sports can adapt to the needs of the economic development of the socialist market. Under the effect of the original planned economic system, the original system had been entirely unable to meet the needs of the reform of sports in the socialist market economy. Under the circumstances, the reform of sports is inspired by property right theory.   1.The Meaning of Institution   In general, institution refers to a standard constraining the conducts of people. On the one hand, the code of conducts of people is standardized by institution. On the other hand, the efficiency of people is improved by institution. In the basic framework of economics, institution refers to a kind of public goods in essence, but its forms are relatively special. In addition, the public goods under the normal conditions are not exclusive generally. That is, they can be used by all people within a limited range.However,public goods institution is exclusive to some extent.   2. The Meaning of Institutional Change Theory   Institutional change theory first appeared in new institutional economics, and North as its major representative attached high emphasis to the following viewpoint: there was no choice but admit that the innovation of technologies had brought fresh blood to economic growth indeed, but institutional innovation and related institutional changes were absent in this process.   Comprehensively, North thought that institution had a very close tie with all aspects of a coun

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