We revisit and critically reevaluate the widely accepted modernization hypothesis which claims that per capita income causes the creation and the consolidation of democracy. Existing studies find support for this hypothesis because they fail to control for the presence of omitted variables....

Enables teams of engineering, science, and management students to work with the top management of international high-tech start-ups and gain hands-on experience in starting and running a new enterprise outside the United States. Lectures expose students to the issues and policies that affect the...