I have been reading the Grammer of Institutions and I believe that I have finally come to realize that I should stop referring to organizations as the only way to define institutions. As I continue to research for my paper, I see that there are formal and non-formal institutions. I am assuming that formal institutions are organizations, government, etc.
What I do like about my current research is that institutions are defined as a network of poeple that helps them determine values and norms. Not only do they determine values and norms, they share them. Resulting from shared values and norms, the members involved begin to become more responsible and aim at not only helping themselves, but the other members of the community.
How does this fit into my research paper? Although I don't consider my paper a complete work, I am starting to see how the NGO and Grameen Bank serve as the organizations that help facilitate the institutions (both formal and non-formal) that are aiding the community to develop. Am I down the right path?
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