Maslyukova, Elena; Volchik, Vyacheslav; Strielkowski, Wadim - In: Economies : open access journal 12 (2024) 12, pp. 1-14
Our paper explores the challenges of industrial development by examining two contrasting theoretical frameworks: (i) the mainstream economic approach which emphasizes capital accumulation, innovation, and profit maximization within a globalized context, and (ii) the classical institutional...