Purpose – Societies highly value economic growth because economic growth results in increase in societal standards of living. This paper addresses the issue of why economies grow and what public policy makers should favor in order to increase economic growth. Design/methodology/approach –...

Resource‐advantage theory is an interdisciplinary, evolutionary, process theory of competition that is proving to be extraordinarily provocative. A General Theory of Competition: Resources, Competences, Productivity, Economic Growth pulls together many of the articles that develop the theory....

This book examines the paradox that resource-rich countries often struggle to manage their resources in a way that will help their economies thrive. It looks at how a country's political regime and quality of governance can determine the degree to which it benefits - or suffers - from having...