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Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...
Persistent link: https://www.econbiz.de/10013158839
origin and diffusion of technological innovation across economies. This study suggests that institutional change, based on a … of technological innovation, can propose best practices directed to support a higher economic freedom in society … technological innovation to govern the development of economies in the presence of globalization and geographical expansion in world …
Persistent link: https://www.econbiz.de/10012828332
competition. Innovation competition as a trial and error-process can be analyzed as an evolutionary process of variation and … selection of new problem solutions, which allows to apply arguments and models of evolutionary innovation economics. Both … on innovation. Since there might be also advantages of a larger firm size, a trade off might occur leading to the notion …
Persistent link: https://www.econbiz.de/10014198584
structures called innovation commons (Allen & Potts, 2016), it ends with integration in the hierarchical start-up firm. This …
Persistent link: https://www.econbiz.de/10014124403
-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …
Persistent link: https://www.econbiz.de/10009721267
Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...
Persistent link: https://www.econbiz.de/10013175457
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study shows that these social networks are an essential driver of knowledge integration and innovation. …
Persistent link: https://www.econbiz.de/10011297769
Although institutional reforms are necessary to increase rates of entrepreneurship in European countries, we argue that one-size-fits-all reform strategies are unlikely to be successful. Reform strategies must be informed by a better knowledge of the varieties of European capitalism and the...
Persistent link: https://www.econbiz.de/10011444478