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innovation. Tort liability for negligence, defective products, and medical malpractice is determined by reference to custom. We … demonstrate that courts' reliance on custom and conventional technologies as the benchmark of liability chills innovation and …
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This paper is a follow-up to a study that ranked California last in terms of business friendliness. The present paper provides some reasons why the per capita GDP in California is going up even though thousands of business are leaving the state because of its high taxes and burdensome regulations
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-institutional theory and the concept of institutional entrepreneurship. The sustainability practices have been increasing in the social …
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We investigate the relationship between bankruptcy risk and expected future sales growth for Norwegian non-listed firms for the period 1988-2007. We find that firms with high bankruptcy risk also have high expected future growth. Financial ratios characterizing firms with high bankruptcy risk...
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