It is increasingly accepted that'institutions matter'for economic organization and outcomes.
The last decade has seen significant expansion in research examining how institutional
contexts affect the nature and behaviour of firms, the operation of markets, and economic
outcomes. Yet'institutions' conceal a multitude of issues and perspectives. Much of this
research has been comparative, and followed different models such as' varieties of
capitalism','national business systems', and'social systems of production'. This Handbook …

… The third looks at the interrelationship between institutions, and firm structures and
competencies. The final section looks at new directions in comparative institutional analysis,
including to relatively neglected geographical areas. It is difficult in the space of a limited review
to do full justice to such a rich collection, and the reviewer has chosen to concentrate on the
particular chapters that are of particular interest and contemporary relevance, whilst recognising
the value of many of the other chapters. … There is no doubt that this is a very important …