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.
Introduction
1. Changing Capitalisms? Internationalization, Institutionalization, and Systems of Economic Organization , Glenn Morgan
Section I: Institutional Complementarity, Contradiction, and Change in Business Systems
2. Path Dependency, Institutional Complementarity, and Change in National Business Systems , Richard Deeg
3. Degrees of Freedom: Rethinking the Institutional Analysis of Economic Change , Bob Hancke and Michael Goyer
4. Institutional Transformation and System Change: Changes the Corporate Governance of German Corporations , Christel Lane
5. Systemic Perspectives on Business Practices and Institutions: A Plea Beyond Comparative Statics , Arndt Sorge
6. Rethinking Path Dependency: The Crooked Path of Institutional Change in Postwar Germany , Marie-Laure Djelic and Sigrid Quack
7. Complementarity and Fit in the Study of Comparative Capitalisms , Colin Crouch
8. How National are Business Systems? The Role of Different State Types and Complemntary Institutions in Constructing Homogeneous Systems of Economic Coordination and Control , Richard Whitley
Section 2: Changing Firm Capabilities Within and Across Institutional Frameworks
9. The Limited Development of Transnational Organizational Capabilities in Multinational Companies: Institutional Constraints on International Authority Sharing and Careers , Richard Whitley
10. Internationalization and Capability Development in Regulated Professional Service Firms , Glenn Morgan and Sigrid Quack
11. Emerging Strategies and Forms of Governance in the Components Industry in High Wage Areas , Gary Herrigel and Volker Wittke
12. Change in Coordinated Market Economies: The Case of Finland and Nokia , Eli Moen and Kari Lilja
Afterword
13. Modelling National Business Systesm and the Civilizing Process , Peer Hull Kristensen
14. Institutional Complementarities, Path Dependency, and the Dynamics of Firms , Glenn Morgan