Changing Capitalisms?: Internationalism, Institutional Change, and Systems of Economic Organization

Hardcover (Print)
Buy New
Buy New from
Used and New from Other Sellers
Used and New from Other Sellers
from $12.14
Usually ships in 1-2 business days
(Save 93%)
Other sellers (Hardcover)
  • All (11) from $12.14   
  • New (5) from $80.64   
  • Used (6) from $12.14   


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.

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 debatesabout how institutions and firms are changing in the contemporary era.

Read More Show Less

Product Details

  • ISBN-13: 9780199275632
  • Publisher: Oxford University Press
  • Publication date: 4/7/2005
  • Pages: 466
  • Product dimensions: 9.30 (w) x 6.40 (h) x 1.40 (d)

Meet the Author

Warwick Business School

University of Manchester and Erasmus University, Rotterdam

University of Oslo

Read More Show Less

Table of Contents

1 Introduction : changing capitalisms? : internationalization, institutional change, and systems of economic organization 1
2 Path dependency, institutional complementarity, and change in national business systems 21
3 Degrees of freedom : rethinking the institutional analysis of economic change 53
4 Institutional transformation and system change : changes in the corporate governance of German corporations 78
5 Systemic perspectives on business practices and institutions : a plea beyond comparative statics 110
6 Rethinking path dependency : the crooked path of institutional change in post-war Germany 137
7 Complementarity and fit in the study of comparative capitalisms 167
8 How national are business systems? : the role of states and complementary institutions in standardizing systems of economic coordination and control at the national level 190
9 Developing transnational organizational capabilities in multinational companies : institutional constraints on authority sharing and careers in six types of MNC 235
10 Internationalization and capability development in professional services firms 277
11 Varieties of vertical disintegration : the global trend toward heterogeneous supply relations and the reproduction of difference in US and German manufacturing 312
12 Change in coordinated market economies : the case of Nokia and Finland 352
13 Modelling national business systems and the civilizing process 383
14 Institutional complementarities, path dependency, and the dynamics of firms 415
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)