This dissertation analyzes where and when experienced investors add value to startups. Building on the resource-dependence theory and the relational view of the firm, I argue that the positive effect of investor experience on startup performance is stronger when the startup faces a more...

Wage inequality is a particular focus of attention not only in public debates over the need for social regulation to support equity, but those over the implications of social regulation for productive performance. The present paper employs panel techniques to examine the comparative historical...

This paper provides new evidence on the influence of macroeconomic environment and institutional quality on stock market development, using data from 14 MENA countries over the period of 1990-2007. Using both panel data and instrumental variable techniques, we find that income level, saving...

The Clean Development Mechanism (CDM) was originally seen as an instrument with a bilateral character where an entity from an industrialised country invests in a project in a developing country (DC). Also, multilateral funds were envisaged that would bundle investments to spread project risks....

The "first track" of Joint Implementation under the Kyoto Protocol gives host and investor countries total freedom in choosing a baseline for a project reducing or sequestering greenhouse gases. This is due to the fact that an overly generous granting of emission credits leads to a corresponding...

The coordination plays central role in the economics. The conventional economic theory looks at the market and enterprise (or hierarchy) as two different, separated manner of coordination of economic goods and services. However the modern organization theory, price theory and institutional...

There is a well known saying: Research converts money into knowledge, innovation converts knowledge into money.The knowledge-based economy has four pillars: innovation, education, the economic and institutional regime, and informationinfrastructure. Transformation towards a knowledge-based...

O desenvolvimento do complexo agroindustrial da soja no Brasil deu-se, em parte, comodecorrência do surgimento de formas alternativas de crédito, tal como a venda antecipada desoja por meio de contratos. O problema que motivou este estudo foi decorrente das quebrascontratuais por parte dos...