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Changing Capitalisms?: Internationalism, Institutional Change, and Systems of Economic Organization

Changing Capitalisms?: Internationalism, Institutional Change, and Systems of Economic Organization

Hardcover

Business GeneralManagement

ISBN10: 0199275637
ISBN13: 9780199275632
Publisher: Oxford University Press
Published: Apr 7 2005
Pages: 468
Weight: 1.82
Height: 1.00 Width: 6.14 Depth: 9.21
Language: English
An increasing number of studies in the last decade or so have emphasized the viability and persistence of distinctive systems of economic coordination and control in developed market economies. Over more or less the same period, the revival of institutional economics and evolutionary approaches to understanding the firm has focused attention on how firms create distinctive capabilities through establishing routines that coordinate complementary activities and skills for particular strategic purposes. For much of the 1990s these two strands of research remained distinct. Those focusing on the institutional frameworks of market economies were primarily concerned with identifying complementaries between institutional arrangements that explained coherence and continuity. On the other hand, those focusing on the dynamics of firm behavior studied how firms develop new capacities and are able to learn new ways of doing things.

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Business General