- List of Figures
- List of Tables
- List of Contributors
- Institutional Perspectives—Working towards Coherence or Irreconcilable Diversity?
- Beyond Comparative Statics: Historical Institutional Approaches to Stability and Change In the Political Economy of Labor
- Actors and Institutions
- Institutional Reproduction and Change
- Qualitative Comparative Analysis of Social Science Data
- The State in the Economy: Neoliberal or Neoactivist?
- Money and Markets
- Transnational Institutions and International Regimes
- Law as a Governing Institution
- Institutional Change in Financial Systems
- The Comparative Institutional Analysis of Innovation: From Industrial Policy to the Knowledge Economy
- Changing Competition Models in Market Economies: The Effects of Inter‐nationalization, Technological Innovations, and Academic Expansion on the Conditions Supporting Dominant Economic Logics
- Institutions, Wealth, and Inequality
- Corporate Governance
- The Institutional Construction of Firms
- Institutionalizing the Employment Relationship
- Inter‐Firm Relations in Global Manufacturing: Disintegrated Production and Its Globalization
- Institutional Transformation in European Post‐Communist Regimes
- State Failure
- Financial Capitalism Resurgent: Comparative Institutionalism and the Challenges of Financialization
- Institutional Competitiveness: How Nations came to Compete
- Epilogue: Institutions in History: Bringing Capitalism Back In
Abstract and Keywords
This article distinguishes between the major competitive approaches adopted by leading firms in the OECD economies in the post-war period and outlines a framework for analysing how some of the key changes in the business environment since the collapse of the Bretton Woods system have affected the conditions encouraging companies to pursue these in different contexts. It presents a taxonomy of seven ideal types of competition models that resemble many of the dominant business strategies identified in comparative studies of twentieth-century capitalisms. The article also suggests how different kinds of conditions seem likely to encourage firms to follow particular types. Next, it summarizes the major changes that have taken place in many market economies since the 1960s which have often been cited as important factors influencing institutional and business system restructuring, and indicates how they can be expected to alter these conditions, and so affect dominant competition models in different economies.
Richard Whitley is Emeritus Professor of Organizational Sociology at Manchester Business School, University of Manchester, UK.
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