Showing 1 - 10 of 28
No abstract.
Persistent link: https://www.econbiz.de/10010685058
While the importance of institutions for explaining cross-country income differences is widely recognized, comparatively little is known about the origins of economic institutions. One strand of the literature emphasizes cultural differences while another points at exogenous environmental...
Persistent link: https://www.econbiz.de/10005645416
This essay uses Edmund Phelps new book Mass Flourishing: How Grassroots Innovation Created Jobs,Challenge, and Change (Princeton University Press, 2013) as inspiration to discuss innovation and entrepreneurship. The book is laudable for its discussion of what constitutes a “good life”....
Persistent link: https://www.econbiz.de/10011186638
information and competence of households, in combination with stiffer competition among firms, will also increase the power of …
Persistent link: https://www.econbiz.de/10005082491
No abstract.
Persistent link: https://www.econbiz.de/10010611584
No abstract.
Persistent link: https://www.econbiz.de/10010611597
We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …
Persistent link: https://www.econbiz.de/10005419538
The competitive effect of international market integration in industries with imperfect competition is of great policy …
Persistent link: https://www.econbiz.de/10005639291
Government firms and authorities often sell services in the free market via affiliated consulting firms (CFs). In this study, I analyze whether these agents have an unfair competitive edge compared to private CFs. The theoretical analysis shows that private and state-owned CFs operate under...
Persistent link: https://www.econbiz.de/10005639292
cost inefficiencies, due to a "least danger to competition" (LDC) condition, which favors small, and thus inefficient …
Persistent link: https://www.econbiz.de/10005639318