Overview

Do institutional differences between national political economies fundamentally alter economic performance and social well-being? How do the environments in which businesses operate condition their success or failure? Such questions have long been of interest in the fields of business, economics, and politics. They have gained in importance as a result of heightened competitive pressures associated with 'globalization'. These pressures have forced businesses and business scholars to scrutinize more closely the institutional environments in which companies operate.
Whilst some see certain institutions as burdens, others see them as a blessing. This book thoroughly examines the main claims of the most important contribution - the Varieties of Captialism paradigm - to this debate in recent years. In doing so, it offers new insights into the ways that businesses, in an attempt to secure success in international product markets, both shape and are shaped by their environment.

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9781280714368

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