This paper examines the role of institutional analysis within the field of international business (IB) studies. Within IB, institutions matter, but the view of institutions tends to be “thin”, utilizing summary indicators rather than detailed description, and thus approaches institutions as...

This essay reviews the development of approaches within the comparative capitalisms (CC) literature and points to three theoretical innovations which, taken together, define and distinguish these approaches as a group. First, national economies are characterized by distinct institutional...

As in many other nations, economic globalization undermined the economic policymaking autonomy of the German federal government. At the same time, it prompted decentralization of other kinds of economic policymaking authority within the federal system. Thus, the Länder have assumed increased...

This paper examines the role of the banking system in the German model of industrial development. It argues that banks continue to fulfil several of their traditional functions in industrial finance despite dramatic changes in financial regulation and the internationalisation of product and...

This paper examines the role of the banking system in the German model ofindustrial development. It argues that the banks continue to fulfill several of theirtraditional functions in industrial finance, despite dramatic changes in financial regulation and the internationalisation of product and...

The concept of institutional complementarity – i.e. the idea that the co-existence of two or more institutions enhances the functioning of each – is increasingly used to explain why institutions are resistant to change and why introducing new institutions into a system often leads to...

There have been numerous accounts exploring the relationship between institutions and firm practices. However, much of this literature tends to be located into distinct theoretical-traditional 'silos', such as national business systems, social systems of production, regulation theory, or...

In this paper we examine some effects of economic internationalization on state structures, especially in regard to the distribution of power and authority within federalist systems. Using an institutional rational choice model, we analyze changes in financial regulation and market structures in...

How can we determine when an existing institutional path or trajectory is ending and being replaced with a new one? How does such a process take place? How can we distinguish between institutional innovation within an existing trajectory and a switchover to a new trajectory or path? This paper...