We take up the widely held view that the observed discrepancy between law on the books and law in action has prevented economic transition and investigate its role for the failure of the Bulgarian credit market. In doing so, we focus on the role of injunctive informal institutions which have...

This paper reviews recent regulatory and policy changes that affect the Chinese central government's ownership and authority over the capital allocations of strategic state-owned enterprises (SOE).The paper examines the reform of the central government's relationship with key SOEs as a...

The end of communism in the 1990s probably is the most fundamental restructuring of institutions witnessed in recent history. At its core was the large-scale redistribution of previously state-owned companies. We construct a unique firm-level dataset to study this redistribution in East Germany...

The end of communism in the 1990s probably is the most fundamental restructuring of institutions witnessed in recent history. At its core was the large-scale redistribution of previously state-owned companies. We construct a unique firm-level dataset to study this redistribution in East Germany...

This model of policy evaluation has been developed to identify factors that cause policy outcomes to diverge from the intended results. In this model the explanatory factors may be inherent to the conceptual and institutional framework to which policy makers adhere, or they may be ‘real...

Are consumers accepting AI-based products? What are the socio-demographics influencing the adoption of these products? This study tests the potential users' social-demographic characteristics that influence the relationship between innovation and AI-based products. The latter are robots (e.g....

The complexity and dynamic changes of external conditions necessary for enterprises to function and increased competition in the local and global markets impose constant search for the most effective business model for the development of organizations. Its accurate identification and measurement...

Boom and Bust: Local strategy for big events is the result of a collective effort at the University of Alberta to better understand the dramatic ups and downs which too often characterize western Canadian communities. From the Canadian analysis stems this book, which can be helpful in any...

This study aims to analyse the alignment of investments in the Spanish 'Recovery and Resilience Plan' with the Smart Specialisation Strategies priorities (2021- 2027) of the country and its regions to identify opportunities for potential synergies and complementary between funding instruments....

This work analyses the alignment of investments in the Greek Recovery and Resilience Plan ('the Greek RRP') with the Smart Specialisation Strategies priorities (2021-2027) of the country and its regions to identify potential synergies and complementarities between funding instruments. The...