Using the International Index of Property Rights, this study explores the relationship between the quality of country level property rights and three measures of diversity: ethnic, linguistic, and religious. Past studies have assumed a linear relationship between various measures of diversity...

In diesem Artikel wird erläutert, warum Karl Marx und Friedrich Engels den Kapitalismus fälschlicherweise für ein System zur Ausbeutung der Arbeiter hielten. Hielte man an ihrem Ausbeutungsbegriff fest, müsste man den Kapitalismus als ein System zur Ausbeutung der Unternehmen kennzeichnen:...

We outline a politico-economic growth system centered around the entrepreneur. By defining entrepreneurs in relation to economic rents we are able to develop a more general theory comprising central aspects of research within the fields of entrepreneurship/small business, public choice and new...

In this introductory chapter to a collective volume dealing with the political economy of entrepreneurship,* we argue, based on a suggested unifying framework, that political economy is a fruitful approach to entrepreneurship. The importance of institutions in structuring such an analysis is...

High-growth firms (HGFs) are critical for net job creation and economic growth. We analyze HGFs using the theory of competence blocs, linking firm growth to property rights and the interaction of complementary expertise. Specifically, we discuss how the institutional framework affects the...

In diesem Artikel wird erläutert, warum Karl Marx und Friedrich Engels den Kapitalismus fälschlicherweise für ein System zur Ausbeutung der Arbeiter hielten. Hielte man an ihrem Ausbeutungsbegriff fest, müsste man den Kapitalismus als ein System zur Ausbeutung der Unternehmen kennzeichnen:...

We analyze the general-equilibrium e§ects of alternative regimes of access rights over renewable natural resources ñnamely, open access versus full property rights ñon the pace of development when economic growth is endogenously driven by both horizontal and vertical innovations. Resource...

We analyze the general-equilibrium effects of alternative regimes of access rights over renewable natural resources – namely, open access versus full property rights on the pace of development when economic growth is endogenously driven by both horizontal and vertical innovations. Resource...

This paper forges links between a dynamic theory of markets and the reality of long term market changes. Goods are seen as being linked to the range of actions which they make possible. Thus it can be shown that the evolution of markets is closely connected with changing knowledge and property...