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innovation appropriability affect basic research, applied research, innovation and growth? In a common law system an explicitly … incorporating a two-stage cumulative innovation structure into a quality-ladder growth model with endogenous skill acquisition. We … protection of upstream innovation always looks bad in the short- and possibly medium-run. We also provide a simple “rule of thumb …
Persistent link: https://www.econbiz.de/10010987837
This book presents the proceedings of a seminar on the need for administrative, judicial and legislative reform in Latin American and the Caribbean, held in San José, Costa Rica, February 4-6,1993. Issues addressed include judicial management, training, and administration.Abstract: Esta...
Persistent link: https://www.econbiz.de/10010943538
В статье рассматривается правовой обычай как традиционный регулятор общественных отношений; выделяются этапы генезиса правового обычая как социокультурного...
Persistent link: https://www.econbiz.de/10011269744
This paper presents a Detailed Assessment Report on Antimoney Laundering (AML) and Combating the Financing of Terrorism (CFT) for Austria. The authorities have designed and are implementing a comprehensive AML/CFT system, supported by well-developed federal administrative and supervisory bodies,...
Persistent link: https://www.econbiz.de/10011244434
Electoral behavior is a new element in the political analysis of democracy in Albania. Distinctive features of the Albanian transition distinguish other models of the former communist countries, as well as significantly differ with Western models and electoral behavior analysis of the relations...
Persistent link: https://www.econbiz.de/10011265196
Persistent link: https://www.econbiz.de/10011265844
This paper studies whether IFRS adoption and the country's legal regime affect the value relevance of discretionary accruals under environmental uncertainty (measured by sales variability). The sample includes France and UK domiciles, providing a code/common law legal regime partition. We show...
Persistent link: https://www.econbiz.de/10011266524
In this paper we explain the prevalence of explicit contracts of employment, particularly those that embody high- rather than low-powered incentives and clauses that supersede the common law defaults. Our analysis is based on an understanding of two fundamental problems that arise when agency...
Persistent link: https://www.econbiz.de/10005076642
Economic analysis of law concerns predicting impacts of legislative rules on incentives and behaviour of individuals and judging social efficiency of alternative legislative rules. It applies price theory, welfare theory and public choice theory on creating and applying law. One of its main...
Persistent link: https://www.econbiz.de/10005025529
We use the history of private limited liability companies (PLLCs) to challenge two pervasive assumptions in the literature: (1) Anglo-American legal institutions were better for economic development than continental Europe’s civil-law institutions; and (2) the corporation was the superior form...
Persistent link: https://www.econbiz.de/10005357770