This article analyses the dynamics of trust in institutions, which underpin the legitimacy of social order, on the … state where people not only trust specific institutions, but also enjoy a sense of security from threats and the ability to …, while the importance attributed to respecting private property rights increased. Trust in social institutions is shown to be …

From Development as Democracy to Innovation as Development: Current local, regional, and global economic and financial …. From Development as Democracy to Innovation as Development: and back to from Innovation as Development to Development as … that are based on high quality and quantity innovations. Given the uncertainty and change inherent in the innovation …

Innovation and technological progress are the key determinants of long-run economic growth and welfare. Therefore, an … important question is, how can public policy encourage more innovation? In this chapter, I review some of the empirical findings … from various recent studies on innovation and firm dynamics that can shed light on the design of innovation policy. The …

This study explores the impact of social capital on innovation by constructing a more general measure of social capital … that social capital has a positive impact on innovation at the national level. After controlling for R&D expenditure and … human capital there is a positive relationship between social capital and innovation. Social capital interacts with …