Diversity between and within varieties of capitalism: Transnational survey evidence

James T. Walker, Christopher Brewster, Geoff Woody

Research output: Contribution to journalArticlepeer-review

42 Citations (SciVal)


One of the central debates in contemporary socio-economics concerns the relationship between institutions and firm-level practices and the persistence of a number of alternative viable models for economic development. We examine diversity within and between specific types of capitalism using data from a transnational survey incorporating 14 organizational level practices in a sample of six capitalist archetypes, constituting 27 countries and some 6503 firms. We focus on one of the key-defining features of different varieties of capitalism, the interdependence of employers and employees. We find that there are clustering tendencies, consistent with the literature, but also considerable diversity within as well as between the varieties, although we did not find "diffuse diversity" or homogeneity. The analysis supports a complex and nuanced relationship within and between varieties of capitalism that has not been previously captured in the literature.

Original languageEnglish
Article numberdtt014
Pages (from-to)493-533
Number of pages41
JournalIndustrial and Corporate Change
Issue number2
Publication statusPublished - 1 Apr 2014
Externally publishedYes

ASJC Scopus subject areas

  • Economics and Econometrics


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