This paper investigates the effects of road infrastructure on industrial activity in Mexico from a quantitative perspective. It addresses three main issues. First, it investigates the existence of a relationship between road infrastructure and the industrial average product of labour. Second, it...

The subject of this round table is policies in support of innovation and competitiveness of Italian firms, whose productivity has been showing low growth rates since the second half of the 1990s. The round table participants discuss the reasons for the slowdown in productivity, examine the...

The recent volume Produttività e cambiamento nell’industria italiana (Productivity and Change in Italian Industry) edited by Laura Rondi and Francesco Silva supplies an interesting overview of the structural change in Italian industry in the last decade. The aim of this comment is to survey...

From Elihu Thomson and Herbert Dow in the late nineteenth century to Steve Jobs a hundred years later, many entrepreneurs have been stymied by their investors. In this paper, we use a simple model to explore how outcomes might have been different if entrepreneurs, instead of the investors, had...

Treating markets as arenas where relative advantage is contested, this entry explores the emergence and evolution of Western markets for paintings, 1450–1750, in terms of the players, their creative moves to secure gain, and the rules they devised to maintain order. Primary markets for...

Today the vast majority of multi-owner firms in the United States are corporations, but that was not the case in the past. Before the advent of the income tax, tort litigation, and significant federal regulation, entrepreneurs more often than not chose to organize as partnerships, a form that...

Longstanding debates about the role of the university in national culture and the global economy have entered a new phase in the past decade in most industrialized, and several industrializing, countries. One important focus of this debate is corporate involvement in academic scientific...

The insight into the global dynamics of human factor management and development within the organization is of paramount importance to optimize the practical approaches in a certain sphere. In order to meet this main target the article studies the key parameters of the so-called functional...