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The shadows of the past: how implicit institutions influence entrepreneurship
Bauernschuster, Stefan; Falck, Oliver; Gold, Robert; … - 2009
This paper investigates the impact of implicit institutions on the decision to become an entrepreneur. Implicit institutions are here defined as mindsets that have developed as the result of norms and traditions and we expect they will have an influence on risk attitudes and opportunity...
Persistent link: https://www.econbiz.de/10010267063
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Where Schumpeter was Nearly Right - The Swedish Model and Capitalism, Socialism and Democracy
Henrekson, Magnus; Jakobsson, Ulf - 2000
In Capitalism, Socialism and Democracy Joseph A. Schumpeter concluded that socialism would eventually displace … capitalism in Western democracies. This would come about as a result of the superior performance of capitalism. We extract six … 'stylized' propositions that are essential elements of Schumpeter's prediction about the fate of capitalism. These propositions …
Persistent link: https://www.econbiz.de/10010334746