Publications
Publications
- 2022
- HBS Working Paper Series
Multinationals and Varieties of Capitalism: When U.S. Giants Stepped into the Swiss Coordinated Labor Market in the 1950s
By: Sabine Pitteloud
Abstract
This working paper investigates unintended consequences of U.S. FDI in Switzerland in the 1950s-1960s: the increased competition that U.S. firms generated within the national labor market and the challenge their hiring practices constituted for the institutional settings in which labor relations were embedded. It therefore contributes to two bodies of literature: one that deals with the arrival of U.S. firms in Europe after 1945 and another that tackles the contribution of business history to the variety of capitalism (VOC) scholarship.
Keywords
Multinationals; Capitalism; Business & Government Relations; Foreign Direct Investment; Immigration Policy; History; Switzerland; Americanization; R&D; Labor History; Labor Market Institutions; Tax Havens; "USA,"; Business Interest Association; Lobbying; Labor and Management Relations; Business History; Multinational Firms and Management
Citation
Pitteloud, Sabine. "Multinationals and Varieties of Capitalism: When U.S. Giants Stepped into the Swiss Coordinated Labor Market in the 1950s." Harvard Business School Working Paper, No. 22-075, June 2022.