Varieties of Capitalism approach
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...Capitalism approach has received growing recognition and use in analysis of political economies. The framework tends to look for comparison in the organizations of the private sector, and specifically, in large firms. The focus on large firms is a worthy undertaking considering the fact that the world economy is still dominated by large firms, and they are the main source of innovative processes and products. The Varieties of Capitalism (VoC) approach implements a relational view of firms in analysing different capitalist economies. Through the relational view, it brings in other factors such as unions, financiers, other firms, and employees. It is, however, faced... Introduction
The Varieties of Capital...