Erweiterte Version eines Berichts an die britische Regierung über die Notwendigkeit von mehr staatlichen Initiativen zur Wirtschaftsförderung und gegen den Subventionsabbau. Widerlegt werden soll das Vorurteil eines trägen Staates (Private Sector Myths) an zahlreichen Beispielen aus...

Talent allocation models assume that entrepreneurial talent is selfish and thus allocates into unproductive or even destructive activities if these offer the highest private returns. This paper experimentally analyzes other-regarding preferences of entrepreneurial talent. We find that making a...

Productive development policies (PDPs)-what used to be called industrial policies-are increasingly recognized as an essential part of the development toolkit, and the need for public-private cooperation is increasingly viewed as a key element for the successful design and implementation of such...