This paper uses data on juvenile offenders released from correctional facilities in Florida to explore the effects of facility management type (private for-profit, private nonprofit, public state-operated, and public county-operated) on recidivism outcomes and costs. The data provide detailed...

Wer nur an die Marktwirtschaft glaubt, ist abergläubisch, stellte der katholische Theologe Hans Küng vor einigen Jahren in einem Beitrag „Ökonomie und Theologie“ für Studenten der Wirtschaftswissenschaften fest. Soziale Marktwirtschaft, so ließe sich fortfahren, schützt vor diesem...

Despite the pervasive phenomenon of scale economies the majority of firms hasalways been small firms. The emergence of small firms as a means of economic development on both sides of the Atlantic has been one of the major new topics of economic policy since the 1980s. This has drawn renewed...

The purpose of this paper is to introduce a series of articles on the linksbetween innovation, the evolution of industry and employment. These relationsprovide the building blocks of a new industrial policy. The articles areincluded in Innovation, Industry Evolution and Employment published by...

The purpose of this paper is to suggest that a fundamental shift in Europe, along with the other OECD countries, is taking place. This shift is from the managed economy to the entrepreneurial economy. While politicians and policy makers have made a plea for guidance in the era of...

A large literature has emerged focusing on the post-entry performance of firms and, in particular, on thelinks between firm growth, survival, size and age. While these studies have resulted in findings that aresufficiently consistent as to constitute Stylized Facts, virtually all of these...

The present research examines the hole of the major national companies in the process of Brazilian and South American integration and productive development, under the aspects of market factors of production (land, labor, capital and technology), in the direct/indirect organization of the...

In the early days of transition Poland hosted regional earning disparities. Low levels of worker and firm mobility allow us to threat regions as local labor markets. Wage behavior is modeled in regional labor markets as an outcome of the speed of transition examining employment restructuring in...

This study examines the effect of yardstick regulation in Japan's gas distribution sector, especially focusing on its effect of reducing the adverse selection problem. The Japanese government has regulated the price of city gas supplies by a combination of fixed-price regulation and ex-ante...

One of the key components of the innovation management process is selection of sources of funding innovative projects in the company. The research problem taken up by the authors is important for Polish companies, especially SMEs, which base their strategies upon innovations. The analysis of...