Many different varieties of capitalism have developed in the twentieth century. Despite the rhetoric of globalization, they are continuing to diverge because of significant differences in dominant institutions. Divergent Capitalisms highlights the major differences between business systems in...

Innovation and Institutions is an extensive elaboration on the make up of systems of innovation. It examines why some countries are more innovative than others, why national styles of innovation differ, and goes on to explore why some countries make radical innovations but fail to successfully...

The removal of state support for enterprises and the intensification of competition following the liberalisation of markets in the former state socialist societies of Eastern Europe were expected to result in the major rationalization of employment and work organisation, especially where...