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This paper provides new evidence on the determinants of entrepreneurship across countries. The paper investigates the … relationship between the institutional setting, in terms of economic freedom, and entrepreneurship, as measured by self … to increase entrepreneurship. <p …
Persistent link: https://www.econbiz.de/10005771027
My main purpose is to connect the issue of property rights to the set of questions concerning economic growth and the long-term determinants of the improvements in material well-being. To anticipate what will be my main conclusion, it is that property rights and economic growth are not...
Persistent link: https://www.econbiz.de/10005419171
institutions that foster the emergence of competence blocs and the creation of HGFs. In particular, our analysis points to the …. Finally, we characterize institutions beneficial for sclerotic or dynamic capitalism, respectively, depending on whether they …
Persistent link: https://www.econbiz.de/10005642466
We use data from the Global Entrepreneurship Monitor (GEM) and the Global Leadership and Organizational Behavior … entrepreneurship. …
Persistent link: https://www.econbiz.de/10010704424
Public policy affects the prevalence and performance of both productive and high-impact entrepreneurship. High …-impact entrepreneurship prospers when knowledge is successfully generated and exploited in the economy. This process depends on complementary …-impact entrepreneurship. …
Persistent link: https://www.econbiz.de/10008565788
. We analyze institutions and policies conducive to structural transformation, in particular the expansion of high … institutions that encourage the creation of HGFs and promote structural transformation. In particular, our analysis points to the …
Persistent link: https://www.econbiz.de/10008565789
Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...
Persistent link: https://www.econbiz.de/10005245150
Recognizing that human rationality has bounds that are unequal across individuals entails treating it as a special scarce resource, tied to individuals and used for deciding on its own uses. This causes a meta-mathematical difficulty to the axiomatic theories of human capital and resource...
Persistent link: https://www.econbiz.de/10005196904
Many students of evolutionary, institutional, and cognitive economics have been aware that important links among these fields exist, and several authors have worked on bringing these links to light. Nevertheless, large parts of these links still remain poorly understood. Low interest in...
Persistent link: https://www.econbiz.de/10005196905
Like Nelson (2002), I make a case for bringing institutions into evolutionary economics. But unlike Nelson, who defines … institutions as social technologies consisting of rules-routines, I define them in agreement with North (1990) as humanly devised … communicating with modern institutional analysis, for clarifying how institutions can influence, and be influenced by, changes in …
Persistent link: https://www.econbiz.de/10005419159