I'm wondering if anyone is aware of (well developed) measurement instruments on constructs that are derived from institutional theory. E.g., institution & legitimacy.
This is an interesting question, but I think you have to be more specific. There are many different aspects of institution, such as production efficiency, governance efficiency, institutional stickiness, institutional thickness, etc. You need to be more specific so that your question becomes more meaningful.
You need to read some papers/articles from Rick Feiock on institutional theory. He has many articles on it and he is quantitative guy used a lot of measures for institutionalization.
Richard Feiock
also suggest my thesis:
Thesis How Local Conditions Affect the Existence and Capacity of th...