To deepen scholarly understanding of unfavourable youth labour market outcomes of vocational education and training (VET) programmes, this paper develops an empirical typology of VET programmes in developed countries. Building on a theoretical framework that draws on the theory of social...

Many institutional theories assume that institutions function in conjunction with each other and, therefore, constitute regimes. Moreover, when analysing institutional effects most researchers maintain a purely variable-oriented approach and its ceteris-paribus logic of causal association. This...

After more than two decades since the exit from Communism, no former communist country has been completely successful in catching up with the technological frontier countries. However, they divide into two groups: those which decreased the GDP gap with frontier countries since 1989-1990, and...

Purpose The purpose of this paper is to use tenets of the complexity theory in order to study the effect of various determinants of firm's performance, such as CEO's compensation and age, for the case of 72 insurance companies. Design/methodology/approach The authors identify the asymmetries in...