diff --git a/cmake_support/CopyDependencies.cmake b/cmake_support/CopyDependencies.cmake
index f742bc84b7757cbb684a09735475a01be6cc6986..a146c16e9b24a4bc3ea8260b472d7522c7672a9f 100644
--- a/cmake_support/CopyDependencies.cmake
+++ b/cmake_support/CopyDependencies.cmake
@@ -325,17 +325,21 @@ function(change_install_names_for_item keys_var key)
       # Each referenced item's key is "rkey" in the loop:
       get_filename_component(exepath ${${key}_RESOLVED_EMBEDDED_ITEM} PATH)
       resolve_item( ${${key}_RESOLVED_EMBEDDED_ITEM} ${pr} exepath resolved_pr)
-      get_item_key("${resolved_pr}" rkey)
-      list(FIND ${keys_var} ${rkey} r_found)
-      if(r_found EQUAL -1)
-        MESSAGE(FATAL_ERROR "Key: '${rkey}' not found in dependency list. Cannot change install name.")
-      endif(r_found EQUAL -1)
-      if(NOT ${${rkey}_SYSTEMFLAG})
-        get_filename_component(ref_exepath ${${rkey}_RESOLVED_EMBEDDED_ITEM} PATH)
-        string(REPLACE ${CMAKE_INSTALL_PREFIX} "" ref_rel_path ${ref_exepath})
-        set(diff_path @loader_path${inv_rel_path}${ref_rel_path}/)
-        set(changes ${changes} "-change" "${pr}" "${diff_path}${${rkey}_ITEM}")
-      endif(NOT ${${rkey}_SYSTEMFLAG})
+      # If dependency already resolves to library within install directory we don't have to do anything.
+      if(NOT (${resolved_pr} MATCHES ${CMAKE_INSTALL_PREFIX}) AND EXISTS "${resolved_pr}" )
+        get_item_key("${resolved_pr}" rkey)
+        list(FIND ${keys_var} ${rkey} r_found)
+        if(r_found EQUAL -1)
+          message("Error while trying to get dependencies for ${${key}_RESOLVED_EMBEDDED_ITEM}.")
+          MESSAGE(FATAL_ERROR "Key: '${rkey}' not found in dependency list. Cannot change install name.")
+        endif(r_found EQUAL -1)
+        if(NOT ${${rkey}_SYSTEMFLAG})
+          get_filename_component(ref_exepath ${${rkey}_RESOLVED_EMBEDDED_ITEM} PATH)
+          string(REPLACE ${CMAKE_INSTALL_PREFIX} "" ref_rel_path ${ref_exepath})
+          set(diff_path @loader_path${inv_rel_path}${ref_rel_path}/)
+          set(changes ${changes} "-change" "${pr}" "${diff_path}${${rkey}_ITEM}")
+        endif(NOT ${${rkey}_SYSTEMFLAG})
+      endif(NOT (${resolved_pr} MATCHES ${CMAKE_INSTALL_PREFIX}) AND EXISTS "${resolved_pr}" )
     endforeach(pr)
      
     execute_process(COMMAND chmod u+w "${${key}_RESOLVED_EMBEDDED_ITEM}")