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Varieties of capitalism: the institutional foundations of comparative advantage

TLDR
In this paper, the authors highlight the role of business in national economies and show that there is more than one path to economic success, and explain national differences in social and economic policy.
Abstract
What are the most important differences among national economies? Is globalization forcing nations to converge on an Anglo-American model? What explains national differences in social and economic policy? This pathbreaking work outlines a new approach to these questions. It highlights the role of business in national economies and shows that there is more than one path to economic success.

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Journal ArticleDOI

Complementarity and institutional change in capitalist systems

TL;DR: The concept of institutional complementarity as discussed by the authors is often used to explain why institutions are resistant to change and why introducing new institutions into a system often fails to achieve the intended objective, and the utility of the concept for explaining institutional change.
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European Integration and the Clash of Capitalisms: Political Cleavages over Takeover Liberalization

TL;DR: In this article, the authors map the distribution of political support for liberal takeover rules within and across countries by analyzing a roll-call vote on the takeover directive in the European Parliament in July 2001.
OtherDOI

The Impact of Regulation on Innovation

TL;DR: In this article, the authors examined the evidence on the influence of various types of regulation on innovation and concluded that regulations are per se not only exogenous to companies, but often there is close interaction between regulators and the regulated companies, which should explain some of the existing ambivalence.
Journal ArticleDOI

How international are executive boards of European MNCs? Nationality diversity in 15 European countries

TL;DR: In this article, the authors describe and explain differences in nationality diversity within executive boards of European Multinational Corporations (EMC) and conclude that these differences result from unique differences in governance regimes within individual countries, and to a lesser extend the result of company characteristics.
Journal ArticleDOI

Same as it Never Was: Temporality and Typology in the Varieties of Capitalism

TL;DR: The Varieties of Capitalism (VOC) literature as discussed by the authors is a rich and complex version of the comparative political economy literature, and it has been used extensively in the past decade to define the way that an entire cohort of graduate students think about growth, employment and the critical issues of institutional convergence and divergence in a globalized economy.