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Political systems shape institutions and govern institutional change supporting economic performance, production and diffusion of technological innovation. This study shows, using global data of countries, that institutional change, based on a progressive democratization of countries, is a...
Persistent link: https://www.econbiz.de/10012841121
The study suggests that the long-run evolution of any technologies depend on the interaction with other technologies. This proposed interpretation of the evolution of technology is explained with the concept of technological parasitism, in broad analogy with the evolutionary ecology....
Persistent link: https://www.econbiz.de/10012955599