Disentangling patterns of economic, technological and innovative specialization of Western economies: An assessment of the Varieties-of-Capitalism theory on comparative institutional advantages
It is one of the central arguments of the Varieties-of-Capitalism (VoC) literature that national institutions determine comparative advantage. While Liberal Market Economies (LMEs) are said to offer comparative institutional advantages to firms that specialize in high-tech sectors based on radical i...
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Format: | Journal article |
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Elsevier
2017
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