Showing 1 - 10 of 79
direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings … policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to …
Persistent link: https://www.econbiz.de/10010320095
institutions that foster the emergence of competence blocs and the creation of HGFs. In particular, our analysis points to the …. Finally, we characterize institutions beneficial for sclerotic or dynamic capitalism, respectively, depending on whether they …
Persistent link: https://www.econbiz.de/10010320252
It is often assumed that recent success in the high-technology software industry will lead India's development. However, evidence suggest that basic manufacturing industry is stagnant. This paper proposes a mechanism that ties these two trends together. A big-push type of model, featuring...
Persistent link: https://www.econbiz.de/10010320358
The publication of János Kornai's memoirs, By Force of Thought, provides an excellent opportunity to remind ourselves of Kornai's great contributions to economic research. This paper discusses both his basic research strategy and some of his main research results. Kornai has usually dealt with...
Persistent link: https://www.econbiz.de/10010320068
violence, enabling deliberation among different groups, and furthering the understanding and potential acceptance of … political institutions. In a large panel dataset, we find evidence of a negative association between the freedom of expression … institutions while the empirical association in autocracies is ambiguous. …
Persistent link: https://www.econbiz.de/10014542170
relevant national, regional, and local institutions and conditions will be downplayed, which may impair students' understanding …
Persistent link: https://www.econbiz.de/10014278268
This essay argues that the most crucial institution of any school system is its view of knowledge - from which virtually all other aspects of a school are derived: the content of its curricula, its pedagogical practices, and the incentives that motivate its members. To make this case, we outline...
Persistent link: https://www.econbiz.de/10014278333
This paper presents a survey of the literature on property rights and economic growth. It discusses different theoretical mechanisms that relate property rights to economic development. Lack of protection of property rights can result in slow economic growth through different channels:...
Persistent link: https://www.econbiz.de/10010320102
Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions derived from standard models of capital taxation when applied to entrepreneurial income. Some of the defining features of entrepreneurship often omitted by standard capital taxation...
Persistent link: https://www.econbiz.de/10010320176
Recent research has highlighted the role of institutions in channeling entrepreneurs into activities with positive or … reveals the bilateral causal relation between entrepreneurs and institutions. Core features of the entrepreneur force us to … view its effects on institutions as more than mechanic general equilibrium adjustments. Three analytically separate …
Persistent link: https://www.econbiz.de/10010320193