Author
Francis Fukuyama
Other affiliations: Johns Hopkins University, University of Chile, International Monetary Fund ...read more
Bio: Francis Fukuyama is an academic researcher from Stanford University. The author has contributed to research in topics: Democracy & Politics. The author has an hindex of 57, co-authored 211 publications receiving 42696 citations. Previous affiliations of Francis Fukuyama include Johns Hopkins University & University of Chile.
Topics: Democracy, Politics, Liberal democracy, Public sector, China
Papers published on a yearly basis
Papers
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Book•
01 Jan 1995
TL;DR: Fukuyama as discussed by the authors argued that the end of the Cold War would also mean the beginning of a struggle for position in the rapidly emerging order of 21st-century capitalism and argued that in an era when social capital may be as important as physical capital, only those societies with a high degree of social trust will be able to create the flexible, large scale business organizations that are needed to compete in the new global economy.
Abstract: In his bestselling "The End of History and the Last Man", Francis Fukuyama argued that the end of the Cold War would also mean the beginning of a struggle for position in the rapidly emerging order of 21st-century capitalism. In "Trust", a penetrating assessment of the emerging global economic order "after History", he explains the social principles of economic life and tells us what we need to know to win the coming struggle for world dominance. Challenging orthodoxies of both the left and right, Fukuyama examines a wide range of national cultures in order to divine the underlying principles that foster social and economic prosperity. Insisting that we cannot divorce economic life from cultural life, he contends that in an era when social capital may be as important as physical capital, only those societies with a high degree of social trust will be able to create the flexible, large-scale business organizations that are needed to compete in the new global economy. A brilliant study of the interconnectedness of economic life with cultural life, "Trust" is also an essential antidote to the increasing drift of American culture into extreme forms of individualism, which, if unchecked, will have dire consequences for the nation's economic health.
7,506 citations
7,342 citations
Book•
01 Jan 1992
TL;DR: Fukuyama as mentioned in this paper identifies two powerful forces guiding our actions: the logic of desire (the rational economic process); and the desire for recognition, which he describes as the very motor of history.
Abstract: Fukuyama considers whether or not there is a direction to the history of mankind. He identifies two powerful forces guiding our actions: the logic of desire (the rational economic process); and the desire for recognition, which he describes as the very motor of history.
7,215 citations
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01 Aug 1989
TL;DR: Fukuyama's important thesis as mentioned in this paper was published before recent events in China and has received a great deal of attention and comment in the United States and France where it has been reprinted in Commentaire.
Abstract: This article is reprinted with the permission of the Washington quarterly. The National Interest edited by Owen Harries and Robert W. Tucker. It has received a great deal of attention and comment in the United States and France where it has been reprinted in Commentaire. Discussion is invited on Francis Fukuyama's important thesis (which was published before recent events in China). Francis Fukuyama is deputy director of the State Department's policy planning staff and former analyst at the RAND Corporation.
2,802 citations
TL;DR: Social capital is an instantiated informal norm that promotes co-operation between individuals as mentioned in this paper, which is a byproduct of religion, tradition, shared historical experience and other types of cultural norms.
Abstract: Social capital is an instantiated informal norm that promotes co-operation between individuals. In the economic sphere it reduces transaction costs and in the political sphere it promotes the kind of associational life which is necessary for the success of limited government and modern democracy. While it often arises from iterated Prisoner's Dilemma games, it also is a byproduct of religion, tradition, shared historical experience and other types of cultural norms. Thus, while awareness of social capital is often critical for understanding development, it is difficult to generate through public policy.
1,671 citations
Cited by
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TL;DR: In this paper, the authors argue that an increasingly important unit of analysis for understanding competitive advantage is the relationship between firms and identify four potential sources of interorganizational competitive advantage: relation-specific assets, knowledge-sharing routines, complementary resources/capabilities, and effective governance.
Abstract: In this article we offer a view that suggests that a firm's critical resources may span firm boundaries and may be embedded in interfirm resources and routines. We argue that an increasingly important unit of analysis for understanding competitive advantage is the relationship between firms and identify four potential sources of interorganizational competitive advantage: (1) relation-specific assets, (2) knowledge-sharing routines, (3) complementary resources/capabilities, and (4) effective governance. We examine each of these potential sources of rent in detail, identifying key subprocesses, and also discuss the isolating mechanisms that serve to preserve relational rents. Finally, we discuss how the relational view may offer normative prescriptions for firm-level strategies that contradict the prescriptions offered by those with a resource-based view or industry structure view.
11,355 citations
TL;DR: In this article, the authors adopt a multidisciplinary view of trust within and between firms, in an effort to synthesize and give insight into a fundamental construct of organizational science, while recognizing that the differing meanings scholars bring to the study of trust also can add value.
Abstract: Our task is to adopt a multidisciplinary view
of trust within and between firms, in an effort to
synthesize and give insight into a fundamental
construct of organizational science. We seek to
identify the shared understandings of trust
across disciplines, while recognizing that the
divergent meanings scholars bring to the study
of trust also can add value.
8,886 citations
Stockholm Environment Institute1, Stockholm University2, Australian National University3, University of Alaska Fairbanks4, Université catholique de Louvain5, University of East Anglia6, Wageningen University and Research Centre7, Royal Swedish Academy of Sciences8, University of Oxford9, Potsdam Institute for Climate Impact Research10, James Cook University11, Arizona State University12, Royal Institute of Technology13, University of Minnesota14, University of Vermont15, Stockholm International Water Institute16, California State University San Marcos17, Goddard Institute for Space Studies18, Commonwealth Scientific and Industrial Research Organisation19, University of Arizona20, Max Planck Society21
TL;DR: Identifying and quantifying planetary boundaries that must not be transgressed could help prevent human activities from causing unacceptable environmental change, argue Johan Rockstrom and colleagues.
Abstract: Identifying and quantifying planetary boundaries that must not be transgressed could help prevent human activities from causing unacceptable environmental change, argue Johan Rockstrom and colleagues.
8,837 citations
TL;DR: A growing number of sociologists, political scientists, economists, and organizational theorists have invoked the concept of social capital in the search for answers to a broadening range of questions being confronted in their own fields as mentioned in this paper.
Abstract: A growing number of sociologists, political scientists, economists, and organizational theorists have invoked the concept of social capital in the search for answers to a broadening range of questions being confronted in their own fields. Seeking to clarify the concept and help assess its utility for organizational theory, we synthesize the theoretical research undertaken in these various disciplines and develop a common conceptual framework that identifies the sources, benefits, risks, and contingencies of social capital.
8,518 citations
TL;DR: In this article, the authors used indicators of trust and civic norms from the World Values Surveys for a sample of 29 market economies and found that membership in formal groups is not associated with trust or with improved economic performance.
Abstract: This paper presents evidence that "social capital" matters for measurable economic performance, using indicators of trust and civic norms from the World Values Surveys for a sample of 29 market economies. Memberships in formal groups—Putnam's measure of social capital—is not associated with trust or with improved economic performance. We find trust and civic norms are stronger in nations with higher and more equal incomes, with institutions that restrain predatory actions of chief executives, and with better-educated and ethnically homogeneous populations.
6,894 citations