have low quality institutions, while the curse is reversed if institutions are good enough. Using new data we find that …

have low quality institutions, while the curse is reversed if institutions are good enough. Using new data we find that …

degrees) present for all components but that its possible reversal is mainly driven by the interaction between institutions … variability in the importance of resources over time. Finally, we address the issue of institutions being determined by our …

constraints on productive entrepreneurship would require that the decline in level-two institutions, such as democracy and science …We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies …

as main agents of entrepreneurship in the BiH. …

The effects of the quality of institutions on economic development and comparative advantage have been so far …

constraints on productive entrepreneurship would require that the decline in level-two institutions, such as democracy and science …We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies …