A Triple Play Hysteresis New Institutional Economics Instance Research

As a characterized case to understand China reform,The lagging phenomenon ofnetwork convergence is caused by the failure of cooperation between de factorProperty owner of State-owned property,MIIT(Ministry of Industry and InformationTechnology) and SARFT(State Administration of Radio Film and Television. Afterreviewed China reform in cognitive updating perspective, it is suggested thatcleansing institutional barriers and constraining government opportunistic behaviorare two most fundamental institutional practices in China reform,and thatmarketizing process is essentially the localizing proc ess of the rule oflaw.Moreover,it is discussed that with evolutionary cognitive perspective thelocalization of the rule of law is evolved from locally behavioral deviations towidely accepted formal law,custom and practice. Finally, it discusses thatinsitutional inovation in China faced two-fold recogitive constraint.