CHANGING CAPITALISMS? by Glenn Morgan (Editor), Richard Whitley (Editor), Eli Moen (Editor) ( 9780199275632 )

Item Details

Title:

CHANGING CAPITALISMS?
INTERNATIONALIZATION, INSTITUTIONAL CHANGE, AND SYSTEMS OF ECONOMIC ORGANIZATION

By:

Glenn Morgan (Editor), Richard Whitley (Editor), Eli Moen (Editor)

Format:

Hardback

List price:

£212.50

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£185.94

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12.5% off

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£26.56

ISBN 10:

0199275637

ISBN 13:

9780199275632

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Publisher:

OXFORD UNIVERSITY PRESS

Pub. date:

3 February, 2005

Pages:

468

Description:

This book focuses on how institutional settings provide a variety of resources and opportunities for firms to develop and evolve new competencies. It shows how national institutional contexts are often heterogeneous and loosely connected, offering a variety of resources that firms can use in order to enhance their competitiveness. Drawing on and developing their previous work, this international group of contributors present a range of theoretical and empiricalstudies that, taken together, create a new understanding of the relationship between national institutional settings and firm strategy and structure. It will be of interest to academics, researchers, and graduate students of International Business, Management Studies, Economics, Political Science, andSociology.

Synopsis:

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 complementarities between institutional arrangements that explained coherence and continuity. On the other hand, those focusing on the dynamics of firm behaviour studied how firms develop new capacities and are able to learn new ways of doing things. This book aims to bring together these approaches. It consists of a set of theoretically motivated and empirically informed chapters from a range of internationally known contributors to these debates.In their chapters, the authors show how institutions and firms evolve. Ideas of path dependency and complementarity of institutions are subjected to critical scrutiny both by reference to their own internal logic and to empirical examples. Varieties of institutional integration, the surprising maintenance of 'deviant' or alternative traditions and processes, and the existence of unpredictable yet consequential policy options that can lead to breaks in path dependency are scrutinized with particular reference to how national and international firms may relate to institutions at various levels as a diverse arena of potential resources rather than as a singular and determinant constraining force. The book provides a set of theoretical and empirical challenges for researchers concerned with the relationship between national institutional contexts and firm dynamics. For those involved in teaching or studying at doctoral, Masters and higher level undergraduate courses, the book provides a structured entry into the debates about how institutions and firms are changing in the contemporary era.

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Imprint:

Oxford University Press

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