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As a driving force of the New Economy, the role of government in the development of high-tech sectors in China is the … focus of this paper. Adopting an institutional approach, we argue that China has coped with simultaneous economic … turned out to be the ‘path dependent’ solutions for China to deal most successfully with the ‘churn’ of transition. We argue …
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Diversity, or variety, is the essence of economic life in the sense of underlying choice; economic calculation gives numerical substance to how people make choices in their daily endeavours, either as consumers or entrepreneurs. How does variety/diversity takes shape in the realm of institutions...
Persistent link: https://www.econbiz.de/10001916257
The knowledge based restructuring is taking into account the fact that after the inclusion of new entrants, ICT based changes are not solely related to the concept of the strategic restructuring of already existing companies. Using the BEEPS 2 data, we find that new firms and exporters are...
Persistent link: https://www.econbiz.de/10001916319
When it seems that everything or nearly everything has been said about the prerequisites and prospects of economic growth – in the Polish context, too (Kolodko 2002b and 2002c; Noga 2004) – it is worthwhile to revisit certain aspects of this phenomenon, which is of vital importance for the...
Persistent link: https://www.econbiz.de/10002125947
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Second nature geography variables are very relevant in the explanation of income disparities across regions within countries and across countries. This paper uses the framework of the New Economic Geography to derive the structural equation which relates nominal wages with a distance weighted...
Persistent link: https://www.econbiz.de/10009558545
Many transition policies, based on neoclassical economics, failed in Eastern Europe, the former Soviet Union, and China …
Persistent link: https://www.econbiz.de/10002004173