Institutional Complementarity and Firm Performance: The Case of Japan
The major premise of the article is that economic organizations of a nation can succeed in market competition only if there are institutional completmentarities,because such complementarities enhance effective functioning of each institucional in the nation and thus,produce the positive economic eff...
Saved in:
| Main Author: | |
|---|---|
| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
1997
|
| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/3019 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Singapore Management University |
| Language: | English |
| Summary: | The major premise of the article is that economic organizations of a nation can succeed in market competition only if there are institutional completmentarities,because such complementarities enhance effective functioning of each institucional in the nation and thus,produce the positive economic effects. The article applies this premise to case of Japan and examines the Japanese institutions and their complementarities,especially those that support the main bank system and the employment system.The main argument of the article is that the supeioreconomic performance of the industrial system that has institucional changes.The emerging gaps between institutions can have negative effects on the performance of Japanese firms. |
|---|