Progress in achieving institutional changes should be evaluated through the prism of their influence on the development … systemic change and socioeconomic development, GDP growth over the periods considered could have increased by more than half …

generated by scholars working in the field of entrepreneurship and management studies. In contrast, development economics …It is often claimed that entrepreneurship is indispensable for economic growth and development. These claims are mostly … scholars seem to be less concerned about entrepreneurship in the development process Who is right? I show that the arguments …

, socioeconomic development, is attained by those countries which take greater care to foster the institutional reinforcement of …

1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …

colonial rule was to create financial incentives to adopt development policies that encouraged government spending. …

We construct a simple model where political elites may block technological and institutional development, because of a … replaced. Fearing replacement, political elites are unwilling to initiate change, and may even block economic development. We … show that elites are unlikely to block development when there is a high degree of political competition, or when they are …