“…Particularly utilized is the varieties of capitalism framework (Colvin & Darbishire, 2012;Wood et al, 2009). The idea is that culture, history, institutions, legal regimes, and political governance systems: (1) vary considerably across countries and regions; (2) create different macro-level institutional contexts, social/legal rules of the game, and individual/group behavior norms; (3) create substantively different varieties of capitalism, business systems, and social preferences; (4) these different forms of capitalist economy, business systems, and culture systems lead to uniquely differentiated HRM/employment systems at a point in time across countries; and (5) divergence in HRM at a point in time may persist or even widen over time as economies move along different development/growth trajectories.…”