
Contents
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Introduction Introduction
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Competitiveness and Industrial Policy Competitiveness and Industrial Policy
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Sociological Institutionalism Sociological Institutionalism
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Models of Capitalism Models of Capitalism
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Models of Capitalism and Innovation within the Knowledge Economy Models of Capitalism and Innovation within the Knowledge Economy
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Managing high‐risk finance Managing high‐risk finance
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Developing human resources within a ‘competence destroying’ environment Developing human resources within a ‘competence destroying’ environment
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Organizing high‐powered motivational incentives for personnel Organizing high‐powered motivational incentives for personnel
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Future research directions Future research directions
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Alternative forms of coordination within regional economies Alternative forms of coordination within regional economies
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The impact of internationalization The impact of internationalization
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References References
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12 The Comparative Institutional Analysis of Innovation: From Industrial Policy to the Knowledge Economy
Get accessSteven Casper, Associate Professor, Keck Graduate Institute, California.
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Published:02 May 2010
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Abstract
This article surveys comparative institutional research from sociology and political science that seeks to explain patterns of innovation across the advanced industrial economies. It has two broad aims. Firstly, the article reviews three scholarly literatures that link innovation to the orientation of national institutional models: political science research on industrial policy and competitiveness, sociological institutionalism, and the varieties of capitalism tradition. Secondly, it explores in more detail how national institutional differences across the advanced industrial economies impact innovation within the knowledge economy. Drawing on recent research linking sectoral systems of innovation and national institutional models, the article explores how financial, labour market, and corporate governance institutions across different types of economies impact the organization of ‘radically innovative’ companies in new technology often associated with Silicon Valley.
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