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virtues is the strong incentive it gives to dynamism, enterprise and the innovation process. Every revolutionary new product … and basic attributes of the two systems. Our daily lives have been transformed by these new products (for instance, the … adequately emphasized in the statements of leading politicians either. -- systems ; capitalist system ; socialist system …
Persistent link: https://www.econbiz.de/10008661291
Persistent link: https://www.econbiz.de/10008909229
virtues is the strong incentive it gives to dynamism, enterprise and the innovation process. Every revolutionary new product … and basic attributes of the two systems. Our daily lives have been transformed by these new products (for instance, the …
Persistent link: https://www.econbiz.de/10008469781
relative advantages of capitalist and socialist systems in terms of the incentives for entrepreneurship and innovation process … capitalist system and that the socialist system was capable at most of developing new military products. Innovation has deeply … article analyzes how far the radical difference between socialist and capitalist innovation can be explained by the innate …
Persistent link: https://www.econbiz.de/10010860820
The paper synthesizes the results of the empirical research of the 2008—2009 global economic crisis determinants. Some of them are additionally tested and specified. In particular, the so called decoupling hypothesis is suggested to be split into weak and strong forms: the developing economies...
Persistent link: https://www.econbiz.de/10011007778
virtues is the strong incentive it gives to dynamism, enterprise and the innovation process. Every revolutionary new prod … basis attributes of the two systems. Our daily lives have been transformed by these new products (for instance, the sphere …
Persistent link: https://www.econbiz.de/10011124249
This essay attempts to understand János Kornai’s works from a political economy perspective. It argues that Kornai has significantly contributed to the formation of a new paradigm of political economy. The main endeavor of Kornai has been the combination of analytical concepts of economics...
Persistent link: https://www.econbiz.de/10010822459
producers or sellers the rivalry that provides the main impetus for the innovation process. Having examined the general case of …
Persistent link: https://www.econbiz.de/10011124264
A főáramlat közgazdászai elismerik, hogy a szocialista rendszert a krónikus hiány jellemezte, de úgy vélik, hogy a kapitalista rendszerben - kisebb vagy nagyobb ingadozások közepette - piaci egyensúly uralkodik. Ezzel szemben a tanulmány két piaci állapotot állít egymással...
Persistent link: https://www.econbiz.de/10011124268
The paper focuses on the reform of economic institutions -those of the market system and the financial system, in particular. After introducing the analysis with a historical excursion on the development of economic institutions, the intent here is to propose significant modifications of the...
Persistent link: https://www.econbiz.de/10008560491