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Previous research, notably Baumol (1990), has highlighted the role of insti-tutions in channeling entrepreneurial supply into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by institutions—entrepreneurs often help shape institutions...
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Industriepolitik ist ein umstrittener, aber notwendiger Teil der Wirtschaftspolitik. Sie entwickelte sich von … kombiniert werden ("Neue Systemische Industriepolitik"). Besonders durch die Wirtschaftskrise, aber auch als nationale Ergänzung … zu einer Globalisierung der Wirtschaft gewinnt Industriepolitik eine neue Bedeutung. …
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Industrial policies have played an important role in successful development. Through these policies, governments intervene in the market's sectoral allocation of resources and choice of technologies. Earlier industrial policies had a narrow remit and made use of a limited number of instruments....
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