scispace - formally typeset
Open AccessJournal Article

Varieties of capitalism: the institutional foundations of comparative advantage

Peter A. Hall, +1 more
- 01 Jan 2001 - 
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.

read more

Citations
More filters
Posted Content

Industrial relations, legal regulations, and wage setting

Gerhard Bosch, +2 more
- 01 Jan 2010 - 
TL;DR: In this article, the authors focus on national institutions involved in setting workers' pay and find that the more "inclusive" the pay-setting institutions, the lower the prevalence of low-wage work.
Journal ArticleDOI

The role of the State in the internationalization of Latin American firms

Diego Finchelstein
- 01 Jun 2017 - 
TL;DR: In this paper, the authors examine how different state actions shape the internationalization process of large firms in Argentina, Brazil and Chile and argue that direct actions produce a more diversified internationalization by sector and a faster internationalization pace.
Journal ArticleDOI

Making a humanities town: knowledge-infused clusters, civic entrepreneurship and civil society in local innovation systems

Henry Etzkowitz
- 01 Dec 2015 - 
TL;DR: The role of Southern Oregon University (SOU) in the inception of the Oregon Shakespeare Festival (OSF) gives rise to a model for education-focused universities to play a significant role in local economic development through creation of cultural clusters from existing knowledge.
Journal ArticleDOI

Darwinian coevolution of organizations and the environment

Geoffrey M. Hodgson
- 15 Feb 2010 - 
TL;DR: Darwinism offers a highly abstract and general meta-theoretical framework to help understand both natural and social evolution as mentioned in this paper, which is useful for ecological economics as a common meta-narrative within which more detailed examinations of both institutional and ecological mechanisms may be placed.
Journal ArticleDOI

National institutions and employers' age management practices in Britain and Germany: path dependence and option exploration

Michael Muller-Camen, +4 more
- 08 Mar 2011 - 
TL;DR: In this paper, a comparative analysis of employers' age management practices in Britain and Germany is presented, where the authors investigate how valid convergence and "Varieties of Capitalism" theories are.