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In this paper we evaluate whether government intervention through the public funding of business angel networks is warranted. Based on a regional study of four BANs, we find that these subsidies reach their goals in terms of contribution to economic development and reducing financing and...
Persistent link: https://www.econbiz.de/10005464793
In this paper we evaluate whether government intervention through the public funding of business angel networks is warranted. Based on a regional study of four BANs, we find that these subsidies reach their goals in terms of contribution to economic development and reducing financing and...
Persistent link: https://www.econbiz.de/10004982919
Persistent link: https://www.econbiz.de/10011868454
This paper relates economic development to transaction costs. It reveals the triad transaction costs-market failure-economic underdevelopment. Many scholars attribute the problems of development to the failure of markets to perform their role of resource allocation. Some deny market failure and...
Persistent link: https://www.econbiz.de/10011648300
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opportunities for changing performance, reducing inequalities, learning from other African policy experiences, and escaping the ties … pay close attention to the results of policy in more industrialized parts of the world. Seeing the contradictions of … capitalism for what they are—fundamental and enduring—may help policy officials protect themselves against the misleading idea …
Persistent link: https://www.econbiz.de/10013488663
In economic terms, the importance of state aid policy refers to the maintaining of an undistorted competition and the …
Persistent link: https://www.econbiz.de/10011150735