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differ between the analysed high-tech industries. Cooperation between start-up firms can be interpreted as a kind of mutual …
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In this paper I study the role of social capital in a just society. In such a world, the most fruitful first step in considering communities as economic institutions isn’t to ask what social capital might be, but to ask instead a fundamental question facing any group of people who have agreed...
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This paper relates firm size and opportunism by showing that, given certain behavioral dispositions of humans, the size … cooperative regime among its employees that keeps in check opportunism. A model depicts the outstanding role of the entrepreneur … opportunism-related costs are a reason for keeping firms' size small. …
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