This book analyzes the dynamics of institutional change in Japan during the 1990s and the early 2000s. In doing so, it … -- especially speed -- in Japan and other advanced industrialized countries are mediated by societal coordination (aka quot …;strategic coordinationquot;), a construct from the varieties of capitalism literature. The book further contains a detailed exploration of social …

the business system of Japan. It explores the role of the state, the financial system, ownership and corporate governance … the business systems and varieties of capitalism literature and identifies institutional contingencies for comparative and …

institutional arrangements under 'capitalism with Chinese characteristics', the precise economic mechanisms underpinning China …

The fact that innovative capitalism needs institutional co-evolution has widely been recognized with respect to pro … providing indispensable systemic infrastructure. These adaptations facilitate the innovative expansion of capitalism. Less … innovative capitalism and the emergence of critical situations that require re-active institutional adaptations will be discussed …

analysing the extent to which there is institutional convergence, the article follows the approach of "Varieties of Capitalism …". This approach distinguishes two "ideal" types of capitalism: a liberal market economy and a coordinated market economy. In …