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The rule of law, constitutional democracy, and market economy are taken as the core institutions of free societies. After arguing that shared values heavily influence institutions, it is asked whether Islamic values are conducive to those institutions. The values are ascertained via the economic...
Persistent link: https://www.econbiz.de/10005190451
Classical liberalism stresses the desirability of free markets, limited government and the rule of law. As such, it builds on some moral judgments. According to ethical objectivism, such judgments (in themselves always personal and subjective) can be true or false since objective moral facts...
Persistent link: https://www.econbiz.de/10005419172
. Moreover, to a certain degree virtues are learnt through the practice of <p> entrepreneurship. Due to their importance, though …
Persistent link: https://www.econbiz.de/10011262763
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
Research on entrepreneurship has received an increased amount of interest in recent years, with self-employment being … used as the most common proxy for “entrepreneurship” in empirical studies. However, there are various ways of defining …
Persistent link: https://www.econbiz.de/10008527516
Egenfinansieringen har stor betydelse för om människor ska ta steget till att bli entreprenörer. Det har fastslagits i en rad empiriska studier och ett välkänt forskningsresultat. Det är emellertid inte lika klart hur den teoretiska förklaringen till detta empiriska samband ser ut. De...
Persistent link: https://www.econbiz.de/10005190447
Israel Kirzner has been one of the leaders in fashioning an Austrian school of economics. In his rendering of the Austrian school, one finds a marriage between Friedrich Hayek’s discourse with Ludwig von Mises’s deductive, praxeological image of science — a marriage that seems to us...
Persistent link: https://www.econbiz.de/10005190448
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
), discouraging innovative product competition and entrepreneurship. The larger part of cost escalation in US health care can be …
Persistent link: https://www.econbiz.de/10005642395
Huvudtesen i denna studie är att innovationer driver den ekonomiska utvecklingen, att innovationer skapas i teknologiska system och omvandlas till ekonomisk verksamhet i kompetensblock, och att industriell dynamik uppstår i konfrontationen mellan utbudssidan (teknologiska system) och...
Persistent link: https://www.econbiz.de/10005642431