The argument is that during periods of structural change, a search process ensues for new institutional forms.

在结构变化的期间论据是那，查寻过程为新的协会形式接着而来。

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But institution can't change with the change of the technological property of the production process from the factors of institutional supply and demand.

从制度的供给、需求及制度市场的特点看，制度随着生产过程的技术性质的变化而不断调整是不可能的。

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Institutional change refers to the process of substitution, transformation and transaction.

制度变迁是指制度的替代、转换与交易过程。

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