Developing Difference: Social Organization and the Rise of the Auto Industries of South Korea, Taiwan, Spain, and Argentina

Biggart, Nicole Woolsey; Guillén, Mauro F.

doi:10.2307/2657373

Cited by 265 publications

(78 citation statements)

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“…One implication of our findings is that it is difficult for countries to overcome historical path-dependent development paths, and the most promising path to development may lead through the selective adoption of policy innovations that fit an existing system (e.g., Biggart & Guillén, 1999). A second implication is that in order to reap expected benefits, local policy makers should address informal as well as formal policy aspects, for example by supporting the development of internationally connected professional elites and by engaging in multilateral and regional initiatives.…”

Section: Implications For Policy Researchmentioning

confidence: 99%

Policy as Myth and Ceremony? The Global Spread of Stock Exchanges, 1980–2005

Weber

Davis

Lounsbury

2009

AMJ

154

122

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We examine the antecedents and consequences in developing countries of creating a national stock exchange, a core technology of financial globalization. We study local conditions and global institutional pressures in the rapid spread of exchanges since the 1980s and examine how conditions at the point of adoption affected exchanges' subsequent vibrancy. Little prior research connects the process of diffusion with the operational performance of adopted policies. We find that international coercion was associated with more ceremonial adoption but that, contrary to expectations common in institutional research, contagion processes via peer groups and normative emulation of prestigious actors enhanced vibrancy.

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Section: Implications For Policy Researchmentioning

confidence: 99%

Policy as Myth and Ceremony? The Global Spread of Stock Exchanges, 1980–2005

Weber

Davis

Lounsbury

2009

AMJ

154

122

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“…By 1980, Brazil (12) and Spain (9) move from the middle up to the top quintile, reflecting the development of their auto industries (Evans, 1979(Evans, , 1995Shapiro, 1994;Biggart and Guillen, 1999). The ascendance of South Korean firms is remarkable, as Korea occupies the sixth position in 2000, corresponding to the boom of Hyundai, Kia and Daewoo (Green, 1992;Maxton and Wormald, 2004) as well as its dominant ship-building firms (Amsden, 1989;Todd, 1985Todd, , 1991.…”

Section: Internal Validity: Network Structure and The Rise And Fall Omentioning

confidence: 99%

Global models of networked organization, the positional power of nations and economic development

Mahutga

2013

Review of International Political Economy

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Interdisciplinary literature on global commodity chains (GCCs)/global value chains (GVCs) and global production networks (GPNs) contends that interfirm power differentials within globally networked forms of economic organization have implications for the developmental trajectories of nation-states. In this article, I advance these literatures in three ways. First, I bridge the two approaches by elaborating an exchange-theoretic conceptualization of interfirm power that is latent in the two literatures. This conceptualization focuses narrowly on the determinants of inter-firm power asymmetries and is useful for explaining why actual production networks vary in terms of the relative power of buyers and producers. Second, I develop an empirical framework to advance basic research on the link between globally networked forms of economic organization and national economic development. In particular, I derive cross-nationally and temporally comparable country-level measurements of the average bargaining power of a country's resident firms using industry-specific international exchange (trade) networks. I demonstrate the validity of these indices through a historical analysis of trade networks in the transport equipment and garment industries and by analysing crossnational variations in wages in the two industries. Finally, I conclude by charting a parallel path for GCC/GVC and GPN research that implicates global models of network organization in macro-comparative analyses of economic development.

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“…The shape which local markets take, is determined by pre-existing institutional settings including the role of, for example, labor unions and employer's organizations (Hall and Soskice 2001), national cultural repertoires (Lamont 1992), the role of the state, or the strength of traditional institutions, such as the family and the church that each operate according to their own institutional logic (Thornton 2004;Greenwood et al 2010). These logics may either conflict with the logic of a nascent market (Greenwood et al 2010), or, instead, may be incorporated into this logic and serve as a resource for nascent firms (Biggart and Guillén 1999). Either way, the result is that the homogenizing effects of global market forces and disembedded financial capital are partial at best; comparative studies of industrial organization across different regions almost invariably show persistent variation and, over time, only limited convergence of organizational models (Amin and Thrift 1995;Scott 2007; see Marquis and Battilana 2009 for an overview).…”

Section: Introductionmentioning

confidence: 99%

Local contexts as activation mechanisms of market development: contemporary art in emerging markets

Komarova

Velthuis

2017

Consumption Markets & Culture

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Local contexts as activation mechanisms of market development: contemporary art in emerging markets Komarova, N.; Velthuis, O.J.M. General rightsIt is not permitted to download or to forward/distribute the text or part of it without the consent of the author(s) and/or copyright holder(s), other than for strictly personal, individual use, unless the work is under an open content license (like Creative Commons). Disclaimer/Complaints regulationsIf you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library: http://uba.uva.nl/en/contact, or a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible. The paper studies how local contexts contribute to the emergence of markets. In particular, it explains how potential entrepreneurs are motivated to become active in establishing new markets. Empirically, the focus is on contemporary art markets in two emerging countries: India and Russia. The paper draws upon qualitative interviews with 65 contemporary art dealers conducted in New Delhi, Mumbai, Moscow and Saint Petersburg. We show how different socio-cultural contexts function as activation mechanisms: in India, family backgrounds predominantly structure the decision-making processes, among others through the economic, social and cultural capital which these families provide. In Russia, by contrast, such family background is non-existent. Instead, the socio-economic turmoil of 1990s and 2000s as well as the strong involvement of the state function as activation mechanisms. We suggest that these different activation mechanisms contribute to explaining the diverging market performance in both countries.

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Developing Difference: Social Organization and the Rise of the Auto Industries of South Korea, Taiwan, Spain, and Argentina

Cited by 265 publications

References 0 publications

Policy as Myth and Ceremony? The Global Spread of Stock Exchanges, 1980–2005

Policy as Myth and Ceremony? The Global Spread of Stock Exchanges, 1980–2005

Global models of networked organization, the positional power of nations and economic development

Local contexts as activation mechanisms of market development: contemporary art in emerging markets

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