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Glenn Morgan - The Oxford Handbook of Comparative Institutional Analysis (Oxford Handbooks)

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It is increasingly accepted that institutions matter for economic organization and outcomes. The last decade has seen significant expansion in research examining how institutional contexts affect the nature and behavior of firms, the operation of markets, and economic outcomes. Yet
institutions conceal a multitude of issues and perspectives. Much of this research has been comparative, and followed different models such as varieties of capitalism, national business systems, and social systems of production.
This Handbook explores these issues, perspectives, and models, with the leading scholars in the area contributing chapters to provide a central reference point for academics, scholars, and students.

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THE OXFORD HANDBOOK OF

COMPARATIVE INSTITUTIONAL ANALYSIS

THE OXFORD HANDBOOK OF

COMPARATIVE INSTITUTIONAL ANALYSIS

Edited by

GLENN MORGAN, JOHN L. CAMPBELL, COLIN CROUCH, OVE KAJ PEDERSEN

and

RICHARD WHITLEY

The Oxford Handbook of Comparative Institutional Analysis Oxford Handbooks - image 1

The Oxford Handbook of Comparative Institutional Analysis Oxford Handbooks - image 2

Great Clarendon Street, Oxford OX2 6DP

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Oxford is a registered trade mark of Oxford University Press
in the UK and in certain other countries

Published in the United States
by Oxford University Press Inc., New York

Oxford University Press, 2010

The moral rights of the authors have been asserted
Database right Oxford University Press (maker)

First published 2010

All rights reserved. No part of this publication may be reproduced,
stored in a retrieval system, or transmitted, in any form or by any means,
without the prior permission in writing of Oxford University Press,
or as expressly permitted by law, or under terms agreed with the appropriate
reprographics rights organization. Enquiries concerning reproduction
outside the scope of the above should be sent to the Rights Department,
Oxford University Press, at the address above

You must not circulate this book in any other binding or cover
and you must impose the same condition on any acquirer

British Library Cataloguing in Publication Data
Data available

Library of Congress Cataloging in Publication Data
Data available

Typeset by SPI Publisher Services, Pondicherry, India
Printed in Great Britain
on acid-free paper by
CPI Antony Rowe, Chippenham, Wiltshire

ISBN 9780199233762

13579108642

ACKNOWLEDGEMENTS

The original idea for this Handbook came from David Musson at Oxford University Press. David and his colleague Matthew Derbyshire have, as usual, been patient and supportive editors. Early versions of some of the chapters were presented at the Annual Conference of the Society for the Advancement of Socio-Economics (SASE) in June 2007 held at Copenhagen Business School. We want to thank participants in those sessions and in other arenas for their comments when earlier versions of the chapters have been presented.

Warwick Business School (WBS), Copenhagen Business School (CBS), and especially the International Centre for Business and Politics (CBP) have all played important roles in supporting the Handbook. Glenn Morgan would like to thank WBS and the University of Warwick for providing study leave in 20089, which enabled him to oversee the completion of the project. Part of that time was spent at CBP and this supportive environment greatly facilitated the completion of the project. The fact that John Campbell and Ove Kaj Pedersen were at CBP at the same time was also very helpful in coordinating the final version. Ove Kaj secured funding from CBP to employ student assistance in producing final publisher-ready versions of the chaptersthanks to CBP and Jurate Beniulyte for this work. The final manuscript was produced in WBS with the able assistance of Katy Carpenter and Jo Sheehan.

Finally thanks go to all the contributors for their patience and cooperation in the production of the Handbook.

GM, JC, CC, OKP, and RW

CONTENTS

Glenn Morgan, John L. Campbell, Colin Crouch, Ove Kaj Pedersen, and Richard Whitley

Marie-Laure Djelic

Kathleen Thelen

Gregory Jackson

John L. Campbell

Colin Crouch

Bruce Kogut

Linda Weiss

Glenn Morgan

Leonard Seabrooke

Glenn Morgan and Sigrid Quack

Richard Deeg

Steven Casper

Richard Whitley

Lane Kenworthy

Michel Goyer

Richard Whitley

Jill Rubery

Gary Herrigel and Jonathan Zeitlin

Ivan Szelenyi and Katarzyna Wilk

John A. Hall

Ewald Engelen and Martijn Konings

Ove K. Pedersen

Institutions in History: Bringing Capitalism Back In

Wolfgang Streeck

LIST OF FIGURES
LIST OF TABLES
ABBREVIATIONS

ACVT

Advisory Committee on Vocational Training

AEA

American Economic Association

AIAS

Amsterdam Institute for Advanced Labour Studies

APSA

American Political Science Association

ASCON

Associazione Conciatori

CEO

Chief Executive Officer

CME

coordinated market economy

CSR

Corporate Social Responsibility

DQP

diversified quality production

ECJ

European Court of Justice

EES

European Employment Strategy

EMCO

European Employment Committee

ESOP

employee share ownership plans

FARC

Revolutionary Armed Forces of Colombia

FCC

Federal Communications Commission

IALS

International Adult Literacy Survey

IFSL

International Financial Services, London

IMD

Institute for Management Development

IMF

International Monetary Fund

IOSCO

International Organization of Security Commissions

ISDA

International Swaps and Derivatives Association

MNC

Multinational Corporation

MIC

Ministry of Information Communications

MITI

Japanese Ministry of Trade and Industry

NAFTA

North American Free Trade Agreement

NASDAQ

The National Association of Securities Dealers Automated Quotations

NBER

National Bureau of Economic Research

OECD

Organization for Economic Coordination and Development

OMC

Open Method of Coordination

PISA

Programme for International Student Assessment

PIu

Performance and Innovation unit

QCA

qualitative comparative analysis

SPACs

Special Purpose Acquisition Companies

SPC

European Social Protection Committee

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