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implications of two interdependency types that are not adequately addressed in the existing literature: early adoption advantages … (EAAs) and institutional change (IC). EAA corresponds to the use-value that agents create with the innovation, if they can … initial state before the launch of the innovation. Once it is launched, however, non-adoption becomes an even worse state …
Persistent link: https://www.econbiz.de/10011077119
Политика модернизации направлена на выравнивание уровня экономического развития стран. Экономическое развитие и институты взаимосвязаны, с одной стороны,...
Persistent link: https://www.econbiz.de/10011246473
The standard neoclassical approach to economic theorising excludes, by definition, economic emergence and the related phenomenon of entrepreneurship. We explore how the most economic of human behaviours, entrepreneurship, came to be largely excluded from mainstream economic theory. In contrast,...
Persistent link: https://www.econbiz.de/10010576973
“cutthroat”capitalism that generates greater inequality and more innovation and will become the technology leaders, while others …
Persistent link: https://www.econbiz.de/10011083861
This paper challenges the uselfullness of the cluster-based development strategy to diversify and increase the competitiveness of Kazakhstan's economy, regarding the case of the country's agro-food sector. For this it refers to insights of the Austrian Market Process Theory. It is argued that...
Persistent link: https://www.econbiz.de/10008597146
The paper provides an overview of the institutional arrangements on the micro level that have evolved in the agro-food sector of Kazakhstan in the course of transition. Emphasis is laid on more complex arrangements like agroholdings and clusters, hitherto mostly unknown in the agro-food sectors...
Persistent link: https://www.econbiz.de/10008597161
Although the socio-economic development of many nations during the last two centuries has been very impressive, there are many issues questioning the sustainability of this development. Questions have been raised whether increased consumption will lead to increased happiness, or whether people...
Persistent link: https://www.econbiz.de/10010955069
Радикальные социально-экономические реформы в постсоветской России дают богатый фактический материал для исследований институциональных изменений....
Persistent link: https://www.econbiz.de/10011218190
В данной работе процесс модернизации понимается как система институциональных изменений, инициированных группами специальных интересов. Предпринимается...
Persistent link: https://www.econbiz.de/10011249118
pInstitutional economics is often presented by its critics as a tradition in political economy purporting a mechanistic, robot-like, view of the human agent. In this paper this portrayal of institutional economics is rejected and choice is reclaimed for institutionalism. In fact, institutional...
Persistent link: https://www.econbiz.de/10010755508