ventures. That is followed by three papers that focus on the institutions that (fail to) channel financial resources to such … ventures and two papers that analyze the relevance of labor market institutions. The special issue concludes with two papers … investigating how the interplay of institutions and productive entrepreneurship results in economic growth. …

This article analyses the dynamics of trust in institutions, which underpin the legitimacy of social order, on the … state where people not only trust specific institutions, but also enjoy a sense of security from threats and the ability to …, while the importance attributed to respecting private property rights increased. Trust in social institutions is shown to be …

facilitate entrepreneurship and innovation. In contrast, if the development and coevolution of institutions and culture are … and innovation activity. Policymakers should therefore plan and implement pro-growth structural changes to institutions …Optimal growth requires pro-growth institutions and culture. In an optimal growth pattern, institutions and culture …

-impact Schumpeterian entrepreneurship relative to the U.S. Once we account for Europe’s strong performance in technological innovation, an …