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We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracies on economic institutional quality...
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The antecedent studies have designed new funding with the intellectual capital money (IKM) upon trading the intellectual capital (IK) to ensure unimpeded access to it and spur its generation and exploitation. This piece examines the static and dynamic behavior of IKM in an open economy. The...
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The widespread emergence of intangible technologies in recent decades may have significantly hurt output growth -- even when these technologies replaced considerably less productive tangible technologies -- because of structurally low interest rates caused by demographic forces. This insight is...
Persistent link: https://www.econbiz.de/10011708126
"In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book … ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes … capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the …
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There is a strong belief formed in scholarly and policy circles that contemporary capitalism is the source of many … economic, social and political problems that plague the world today. This system is blamed for large inequalities between the … income and wealth, and environmental destruction. The argument that capitalism drives innovation and attracts investment is …
Persistent link: https://www.econbiz.de/10012838250