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July 1, 2003Academy of Management Review7,599 citations

Varieties of Capitalism: The Institutional Foundations of Comparative Advantage

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PPPhilip K. PorterPHPeter A. HallDSDavid Soskice

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Abstract

What are the most important differences among national economies? Is globalization forcing nations to converge on an Anglo-American model? What explains national differences in social and economic policy? This pathbreaking work outlines a new approach to these questions. It highlights the role of business in national economies and shows that there is more than one path to economic success.

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Porter et al. (2003) studied this question.

synapsesocial.com/papers/6a1068854fb650da4fff6b01https://doi.org/10.2307/30040740
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