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why different groups or societies develop different attitudes towards human capital formation, entrepreneurship, and … innovation. …
Persistent link: https://www.econbiz.de/10010316863
where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …
Persistent link: https://www.econbiz.de/10010319500
why different groups or societies develop different attitudes towards human capital formation, entrepreneurship, and … innovation. …
Persistent link: https://www.econbiz.de/10010291395
where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …
Persistent link: https://www.econbiz.de/10009757305
. The results show that the literature leans towards Schumpeter (1942); innovation returns are modeled as following an ex … ante known probability distribution. By assuming that the outcomes of innovation activities are (probabilistically …
Persistent link: https://www.econbiz.de/10012498110
entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … entrepreneurship in the process of the commercialization of knowledge. We discuss the implications for entrepreneurship and innovation …The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of …
Persistent link: https://www.econbiz.de/10013095638
I construct a two-country multisectoral model of capital accumulation, endogenous technological change, trade, and foreign direct investment, whose steady states explain the main features of globalization: (a) increased economic participation of transnational corporation (TNC) profits, (b)...
Persistent link: https://www.econbiz.de/10013089923
Economic growth and poverty reduction require for a country to establish efficient rules for economic and political transactions. Poor countries suffer from inadequate, inefficient transaction rules. Formal rules (e.g., laws, policies) must be nested in hospitable behavioural norms and values....
Persistent link: https://www.econbiz.de/10010279006
Vote-buying is widely used by parties in developing countries to influence the outcome of elections. We examine the impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show that vote-buying contributes to the persistence of poverty...
Persistent link: https://www.econbiz.de/10011753158
Vote-buying is widely used by parties in developing countries to influence the outcome of elections. We examine the impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show that vote-buying contributes to the persistence of poverty...
Persistent link: https://www.econbiz.de/10003762209