TY - JOUR
T1 - State capitalism in international context
T2 - Varieties and variations
AU - Wright, Mike
AU - Wood, Geoffrey
AU - Musacchio, Aldo
AU - Okhmatovskiy, Ilya
AU - Grosman, Anna
AU - Doh, Jonathan P.
N1 - Funding Information:
This article benefited from constructive feedback by Ajai Gaur, Editor-in-Chief, and two anonymous reviewers. We are also grateful for comments and suggestions to Alan Brejnholt, Anthony Brown, Jukka Rintamaki, Louise Scholes, Luda Svystunova, Justin Tumlinson, the participants of the Strategic Management Society (SMS) Conference Extension on State Capitalism in 2018, and the Academy of International Business (AIB) conference in 2020. Anna Grosman acknowledges funding by the Society for the Advancement of Management Studies, http://www.socadms.org.uk/.
Funding Information:
This article benefited from constructive feedback by Ajai Gaur, Editor-in-Chief, and two anonymous reviewers. We are also grateful for comments and suggestions to Alan Brejnholt, Anthony Brown, Jukka Rintamaki, Louise Scholes, Luda Svystunova, Justin Tumlinson, the participants of the Strategic Management Society (SMS) Conference Extension on State Capitalism in 2018, and the Academy of International Business (AIB) conference in 2020. Anna Grosman acknowledges funding by the Society for the Advancement of Management Studies, http://www.socadms.org.uk/ .
Publisher Copyright:
© 2020
PY - 2021/2/28
Y1 - 2021/2/28
N2 - State interventions in markets assume varieties of forms in different economic systems. To capture this variety, we consider state capitalism as a multidimensional concept, first reviewing its historical evolution from both practical and scholarly vantages. We describe several dimensions of state capitalism and demonstrate how cross-national variations can be captured through positioning countries along these dimensions. We use cross-sectional data for a large sample of countries to derive factors that represent key dimensions of state capitalism. We demonstrate how cross-national and historical variation in state capitalism is captured by this Virtual Special Issue and offer suggestions for future research.
AB - State interventions in markets assume varieties of forms in different economic systems. To capture this variety, we consider state capitalism as a multidimensional concept, first reviewing its historical evolution from both practical and scholarly vantages. We describe several dimensions of state capitalism and demonstrate how cross-national variations can be captured through positioning countries along these dimensions. We use cross-sectional data for a large sample of countries to derive factors that represent key dimensions of state capitalism. We demonstrate how cross-national and historical variation in state capitalism is captured by this Virtual Special Issue and offer suggestions for future research.
KW - Government
KW - International business
KW - Internationalization
KW - Political ideology
KW - Political institutions
KW - Sovereign wealth funds
KW - State capitalism
KW - State-owned enterprises
KW - State-owned multinationals
KW - Statism
UR - http://www.scopus.com/inward/record.url?scp=85096663302&partnerID=8YFLogxK
U2 - 10.1016/j.jwb.2020.101160
DO - 10.1016/j.jwb.2020.101160
M3 - Review article
AN - SCOPUS:85096663302
SN - 1090-9516
VL - 56
JO - Journal of World Business
JF - Journal of World Business
IS - 2
M1 - 101160
ER -