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This paper makes a simple but underappreciated point: due to the open-ended nature of constitutional entrepreneurship, the personal characteristics of constitutional entrepreneurs — intellect, will, virtues and vices, etc. — directly bear on constitutional change. The paper demonstrates this...
Persistent link: https://www.econbiz.de/10012970427
The contemporary human rights debate is mostly concerned with the protection of people affected by change that is beyond their control. But what about those who make use of their basic economic rights to facilitate economic and social change? Do these agents of change need protection and, if so,...
Persistent link: https://www.econbiz.de/10012913182
This paper argues that liberty and progress arose due to the generalized increasing returns to economic activity. These increasing returns follow from the gradual, cumulative process of institutionalizing liberties. As a society adopts an institutional framework from accumulated liberties, there...
Persistent link: https://www.econbiz.de/10012936067
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...
Persistent link: https://www.econbiz.de/10014107219
We review the literature that links institutions, entrepreneurship, and economic growth outcomes, focusing in particular on the empirics of the links between these. Most of this literature has an economics orientation, but we also review relevant literature from other social science and from...
Persistent link: https://www.econbiz.de/10013001668
The basic idea of an institution (formal and/or informal) may be conceived as an aggregate structure that has an …
Persistent link: https://www.econbiz.de/10012952058
The paper analyzes the impact of institutional and cultural factors on a remarkable economic activity: the production of so-called open source software (OSS). OSS is marked by free access to the software and its source code. Copyright-based OSS licenses permit users to use, change, improve and...
Persistent link: https://www.econbiz.de/10003944119
The paper reviews the current discussion on institutional change and institutional entrepreneurship. Specifically, it focuses on institutional change agents, by which we mean individuals whose actions can be shown to have contributed to formal or informal institutional change, to the benefit of...
Persistent link: https://www.econbiz.de/10010498400
There is a shortage of evidences and literatures regarding institutional environment differences across the states of India. Therefore, the paper attempts to provide some important sub-national environment differences across the Indian states in the context of entrepreneurship. It focuses on the...
Persistent link: https://www.econbiz.de/10012952054
Institutional settings and the resulting incentive structures are crucial for economic development. The type of entrepreneurial activity and the entrepreneurial effort are especially dependent on underlying incentive structures. We argue that institutions with better incentive structures for...
Persistent link: https://www.econbiz.de/10003857757