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What is the interrelationship among formal institutions, social networks, and new venture growth? Drawing on the theory … four different countries. We find the confluence of weak and inefficient formal institutions to be associated with a larger … institutional order (i.e., weaker and more inefficient institutions). The contributions and implications of these findings are …
Persistent link: https://www.econbiz.de/10011161390
Despite the recent growth resurgence, Sub-Saharan Africa (SSA) remains the poorest region in the world. At the same time, it is a region that heavily relies on natural resources. In this paper we investigate the extent to which the second fact helps explain the first one. The distinctive feature...
Persistent link: https://www.econbiz.de/10010545922
context compared to the Chinese institutional context due to the polycentricity of institutions. The research implications of …
Persistent link: https://www.econbiz.de/10010552176
back on the enterprise sector, as the state can no longer support the institutions necessary for the effective functioning …
Persistent link: https://www.econbiz.de/10005784627
Foreign investors are expected to contribute to economic development through a variety of channels. However, many foreign investment operations are small, and almost insignificant in their impact on the local environment. An important indication of the potential contribution of foreign investors...
Persistent link: https://www.econbiz.de/10005784688
completely after we control for aggregate measures of economic development and quality of institutions. Informal institutions …
Persistent link: https://www.econbiz.de/10005784691
experiments not only in the ways it approached the creation of market institutions, but also in the ways it decentralized power …
Persistent link: https://www.econbiz.de/10005784693
We provide a theoretical framework for understanding when an official angles for a bribe, when a client pays, and the payoffs to the client’s decision. We test this frame work using a new data set on bribery of Peruvian public officials by households. The theory predicts that bribery is more...
Persistent link: https://www.econbiz.de/10005784704
Studying the transition means analyzing the interactions between institutions and structural change, a process we still …
Persistent link: https://www.econbiz.de/10005784713
What role do community norms play in the diffusion and persistence of new organizational practices? We explore this question through an examination of the widespread practice of wage arrears, the late and nonpayment of wages, in Russia during the 1990s. Existing research on wage arrears most...
Persistent link: https://www.econbiz.de/10005784717