Recently a new approach to political economy has been consolidated. The political analysis of transaction costs is an attempt to solve some of the problems which arise in economic theories of public policy. This paper deals with the notions of transaction costs, institutional efficiency,...

This paper shows how some of the most important concepts of the New Institutional Economics (NIE) can be expressed in terms of Implementation Theory (IT). First, it explains some of the expressions used by the NIE, such as institutions, transaction costs, property rights and methodological...

The aim of this empirical research was to test the influence of some social factors such as social norms, habits and routines, which are actually constraining the entrepreneurial strategy. In order to measure the extent of these influences we have focused on informal arrangements and cooperation...

The paper reviews and discusses the literature on the concept of incentive in management; the visions of ancient Greek philosophers, classical economists, scientific management, agency theory, contracts, property theory and transaction costs theory. The discussion shows that the transaction...

This paper shows the relationship between business growth and private corruption in the manufacturing industry in Colombia. This study investigates the dynamics of these variables using various techniques by implementing empirical models: estimations via panel data estimates and modeling with...

This paper shows the relationship between business growth and private corruption in the manufacturing industry in Colombia. This study investigates the dynamics of these variables using various techniques by implementing empirical models: estimations via panel data estimates and modeling with...

This paper analyzes the potential of written assignments for the learning process of MBA students. Some of the challenges faced by MBA programs are discussed, and a contrast is made between the "passive" and "active" learning approaches. The paper details some of the difficulties students have...

This paper analyzes the potential of written assignments for the learning process of MBA students. Some of the challenges faced by MBA programs are discussed, and a contrast is made between the "passive" and "active" learning approaches. The paper details some of the difficulties students have...

En este documento se analiza la reciente disminución de las exportaciones a Venezuela y su impacto en el panorama exportador y las firmas colombianas. Al mismo tiempo se plantean algunas reflexiones sobre la sustitución del mercado venezolano. Para esto se utilizó la base de comercio exterior...

En este documento se analiza la reciente disminución de las exportaciones a Venezuela y su impacto en el panorama exportador y las firmas colombianas. Al mismo tiempo se plantean algunas reflexiones sobre la sustitución del mercado venezolano. Para esto se utilizó la base de comercio exterior...