Nordic Capitalisms and Globalization: New Forms of Economic Organization and Welfare Institutions
In the early 1990s the Nordic countries were considered to be in a serious situation. The costs of welfare states, generous unemployment benefits, high taxation rates, strong unions, and centralized wage bargaining were thought to be undermining their competitiveness in an age of rapid globalization. By 2005 however, they all ranked at the top of a number of performance indexes on economic competitiveness and sustainability. Citizens in the Nordic countries continue to participate in and benefit from globalization on a much wider scale than in any other similarly highly developed country, and these countries increasingly provide templates within the EU for imitation and social innovation. This book investigates how and why welfare services, active labour market institutions, and public policies were re-combined into enabling and risk-sharing mechanisms to stimulate innovation, and how this made it possible for firms to change their work organization and pursue highly rewarding and distinctive globalization strategies. Through detailed analysis of Finland, Denmark, Norway, and Sweden, this book reveals the dynamics and transformations of their national business systems, and the emerging new patterns of interaction between firms, labour markets, and institutions. It will be valuable addition to the literature on social innovation and institutional entrepreneurship. Contributors to this volume - Peer Hull Kristensen, Professor of the Sociology of Firms and Work Organization, the International Center for Business and Politics, Copenhagen Business School Juha Laurila, Professor of Management and Organization, the Turku School of Economics, University of Turku, Finland Kari Lilja, Professor in Organization and Management, Aalto University School of Economics Maja Lotz, Post-Doctoral Fellow, International Center for Business and Politics, Copenhagen Business School Raimo Lovio, Professor of Innovation and Environmental Management in Organization and Management, Aalto University School of Economics Eli Moen, Research Professor, the Norwegian School of Management Christer Peterson, Professor in Wood Markets, Lulea University of Technology and Guest Professor in Business Administration, Umea School of Business, Umea University Robson So Rocha, Assistant Professor, the International Center for Business and Politics, Copenhagen Business School
Other Persons: | Kristensen, Peer Hull (contributor) ; Lilja, Kari (contributor) |
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Institutions: | Oxford University Press |
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