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DESCRIPTION:Frank Wijen\n\nProfessor of Global Sustainable Strategies\n	KU L
 euven’s Faculty of Economics and Business and Visiting Professor at HEC Pa
 ris\n\nThe Impact of Institutions on Wineries’ Adaptation to Climate Chang
 e\n\nDate: Friday\, February 9\, 2024\n	Time: 12:00 PM – 2:00 PM\n	Location:
  VIRTUAL WORKSHOP\n\nRSVP by Tuesday\, February 6\, 2024\n\nPlease contact
  lijuan.xue2 [at] mcgill.ca (subject: CSSO%20speaker%20series)  (Lijuan Xu
 e) for details.\n\n\nAbstract: \n\nFirms join institutions voluntarily to 
 gain legitimacy and commercial benefits. In return\, they submit to member
 ship rules and practice standards. Under external conditions such as clima
 te change\, this can pose a dilemma: climate-sensitive firms may enjoy imp
 ortant benefits from their institutional membership while being heavily co
 nstrained in implementing the requisite adaptation measures. To explore th
 is undertheorized tension\, we compare strategic adaptation to climate cha
 nge in the wine industry in France\, where firms join collectives with str
 ictly defined membership rules and practices\, to adaptation in California
 \, where firms face hardly any membership conditions. We identify two type
 s of institutional influences. Dogmatic institutions\, with their centrali
 zed\, directive\, and rigid nature\, impact French wineries in a diametric
 ally opposed way to the pragmatic institutions prevalent in California. Do
 gmatic institutions hamper short-term adaptation\, yet surprisingly also d
 rive longer-term innovation\, as they stimulate the collective quest for s
 ystemically optimal\, identity-preserving solutions. The ensuing punctuate
 d equilibrium trajectory of French wineries contrasts with the pragmatism-
 driven continuous evolution of their Californian counterparts. We contribu
 te to the institutional and climate-change-adaptation literatures by empir
 ically unpacking and theorizing the differential impact of dissimilar type
 s of voluntary institutions on climate adaptation practices.\n
DTSTART:20240209T170000Z
DTEND:20240209T190000Z
SUMMARY:CSSO Speaker Series: Frank Wijen
URL:https://www.mcgill.ca/desautels/channels/event/csso-speaker-series-fran
 k-wijen-355242
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