This paper investigates how different dimensions of social capital and institutional quality are related to innovation activity and its utilisation. For reasons of data availability, previous studies have included mainly patenting data. This study complements the previous studies by analysing...

Should courts consider cases from other jurisdictions? The use of foreign law precedent has sparked considerable debate in the United States, and this question is also controversially discussed in Europe. In this paper and within the larger research project from which it has developed, we study...

I criticize contractarian approaches to political economy that assume the insularity of constitutions from ordinary political exchange. Using tools from market process economics, I outline a theory of the political-entrepreneurial process as applied to constitutions. This theory can help us...

The diversity of the labour market in the Visegrad Group countries is presented in the article from an institutional perspective. Institutions such as different tax and transfer policies, employment protection legislation, or active and passive labour market policies can affect not only the...

The prediction of an institutional convergence between territories by institutional replication, must take into account the interdependence of institutions which characterizes the identity of territories, more than the replication itself. Basing the interdependence of institutions on the...

"What should be the role of the ECB in tackling the socio-ecological challenges related to planetary boundaries, such as climate change and loss of biodiversity? A clear answer to this question is still lacking, in spite of the strategy review of 2021. Regretfully, this review has not received...

Commentators have poured forth a loud and sustained outcry over the past few years that sees property rule treatment of intellectual property (IP) as a cause of excessive transaction costs, thickets, anticommons, hold-ups, hold-outs, and trolls, which unduly tax and retard innovation,...

For quite some time a profound preoccupation for many economists, politicians, environmentalists, sociologists or philosophers looking towards the coming decades consisted in searching for a new paradigm of development and growth that is feasible within the given limits of planet Earth. There...