market development, labor market institutions, international relations, the role of the state, presence of corruption etc …. The key institution that often manages – or at least influences – the development of all other institutions is the state …

, cultural, social, ecological and technological influences have an effect on the future development of this industry. Challenges … product and innovations development, and towards establishing and empowerment of the product brands. Global trends in the use … new innovations which will in their development consider also the social and environmental aspect as well. …

The report on the workshop Measuring Law and Institutions highlights two topics. One is the World Bank governance … indicators; improvements in governance significantly increase national income. The other is the importance of legal origins …