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growth. Data from the World Values Survey enable us to investigate tolerance–growth relationships for 54 countries. We … tolerance toward homosexuals is negatively related to growth. For tolerance toward people of a different race, we do not find …
Persistent link: https://www.econbiz.de/10008490331
We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time …. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average …
Persistent link: https://www.econbiz.de/10005645408
Market competition is central to innovative activity, the diffusion process and macro-economic productivity growth …. Productivity growth at all levels comes about through institutional reconfiguration in response to the ongoing market process …. Stable and sustained long-term growth in output requires the continuous creation of new technological and commercial …
Persistent link: https://www.econbiz.de/10010818448
We survey the literature on venture capital and institutions and present a case study comparing the development of the venture capital market in the US to Sweden. Our literature survey underscores that the legal environment, financial market development, the tax system, labor market regulations,...
Persistent link: https://www.econbiz.de/10010945002
Over the course of the last 10 or 15 years there appears to be taking place a fundamental shift in the "industrial paradigm" governing the nature of competition in advanced industrial markets. Among the characteristics of this shift are a transition from mass production to flexible manufacturing...
Persistent link: https://www.econbiz.de/10011019045
deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the … institutional differences that distinguish these economies, but also stresses that convergence has occurred in the last decades in …
Persistent link: https://www.econbiz.de/10010643158
The recent 'scientification' of commercial technology has brought the interface between universities and industry into sharp focus. In particular, academic entrepreneurship, i.e., the variety of ways in which academics take direct part in the commercialization of research, is widely discussed....
Persistent link: https://www.econbiz.de/10005670110
The recent 'scientification' of commercial technology has brought the interface between universities and industry into sharp focus. In particular, academic entrepreneurship, i.e., the variety of ways in which academics take direct part in the commercialization of research, is widely discussed....
Persistent link: https://www.econbiz.de/10005419527
exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition … for growth. To secure industrial dynamics and growth in the long term, institutions must be designed both to encourage …, and infrastructure to foster growth and future prosperity. …
Persistent link: https://www.econbiz.de/10011118578
The growth effects of international financial liberalization and integration are investigated using the methodology and … not experience higher growth in value added in countries with liberalized financial markets. Liberalization does, however …, increase the growth rates of both production and firm creation among externally dependent industries - given that the countries …
Persistent link: https://www.econbiz.de/10005207062