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that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …
Persistent link: https://www.econbiz.de/10012270114
-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10010274699
The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from simple 'turbulence'; 2) the different microeconomic...
Persistent link: https://www.econbiz.de/10010282123
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10010287588
economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three …
Persistent link: https://www.econbiz.de/10010290007
In this article, we present a first empirical reflection on 'smart development', its measurement, possible 'drivers … world system to 'deliver' a given amount of democracy, economic growth, gender equality, human development, research and … development, and social cohesion. To this end, we first developed UNDP-type performance indicators on these six main dimensions of …
Persistent link: https://www.econbiz.de/10010282204
A series of crises, culminating with COVID-19, shows that going "Beyond GDP" is urgently necessary. Social and environmental degradation are consequences of emphasizing GDP as a measure of progress. This degradation created the conditions for the COVID-19 pandemic and limited the efficacy of...
Persistent link: https://www.econbiz.de/10012882556
This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …
Persistent link: https://www.econbiz.de/10010277206
The economic expansion witnessed in the last 0,08% of modern human history is an anomalous event. It has been compared to a "rocket ship that took off five seconds ago, and nobody knows where it's going." This paper explores the destiny of this rocket ship. It shows that economic growth cannot...
Persistent link: https://www.econbiz.de/10014296883
This paper provides an overview of the state of the art of the intersection of development economics and … entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights … from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between …
Persistent link: https://www.econbiz.de/10010319421