In the restriction system of human behaviour ,informal institutions have a high social status ,even if in most developed economic system,formal institutions are only the part of overall constraints to decide the choice of behaviour,and the most part of it is restricted by informal institutions.It shows that informal institutions have the significant impact on economic development.
Furthermore,theoretically ,the arrangement of informal institutions is the important part of the institutions,and it has the irreplaceable effect.This article from the view of informal institution,states the influence of enterprise's development and theoretical foundations of restrictions.
Keywords:
informal institutions ,institutions , economic development,effect,influence