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This book analyzes the role of institutions in conditioning
entrepreneurship and innovation to achieve economic development.
Set against the backdrop of populism, this book is based on the
premise that formal and informal institutional factors and
entrepreneurship are closely linked and that studying the economic
development of both developed and emerging economies can help us
disentangle the role of entrepreneurship and innovation in
developing countries. Using institutional economics as a main
theoretical framework and the sociotechnical subsystems as a
complementary approach, the authors present a detailed literature
review to demonstrate that it is possible to identify the true role
of entrepreneurship and innovation in the economic development
process. The book embraces complexity to better measure and
comprehend economic development, bringing a more compelling
perspective on the importance of entrepreneurship and innovation
for different dimensions of development. A valuable resource for
students, scholars, and policymakers, the authors offer clear
recommendations for developing countries.
Sebastian explores the experience of statebuilding and constitution
making after violent conflict, using the failed reform of Dayton in
Bosnia and Herzegovina as a case study to reflect upon the
fundamental questions of post-war statebuilding, reform and the
role of local and external actors.
Sebastian explores the experience of statebuilding and constitution
making after violent conflict, using the failed reform of Dayton in
Bosnia and Herzegovina as a case study to reflect upon the
fundamental questions of post-war statebuilding, reform and the
role of local and external actors.
Using institutional economics as a theoretical framework, this book
analyzes institutional environment conducive to entrepreneurial
activity in order to enhance economic performance across countries.
In particular, the main contributions of this book to the
entrepreneurship literature are the following: * Identify past and
current research about the institutional context shaping
entrepreneurial activity and its effect on economic growth *
Examine social progress orientation as those institutional factors
that are shaping innovative entrepreneurial activity * Explore the
effect of different types of entrepreneurial activities on economic
growth * Examine how social progress orientation through
opportunity-driven entrepreneurship affects economic development*
Analyze the interrelationships between institutions,
entrepreneurial activity and economic development across countries
* Study how the country's institutional context influences the way
in which entrepreneurial activity affects social progress Two sides
of the same coin might be observed when analyzing policy aspects of
those institutions affecting entrepreneurial activity. On the one
hand, effective public policy to promote entrepreneurship is
predicated on understanding the underlying forces as well as the
consequences and impacts of entrepreneurship. On the other hand,
different endeavors to promote entrepreneurial activity might have
deleterious economic effects since they could actually reduce
employment in the long-term. Thus, it is crucial to understand the
institutional environment in which entrepreneurs are interacting
and making decisions. The comprehension of these phenomena serves
to move forward the theoretical, practical and policy debate on
entrepreneurship as a mechanism to achieve higher economic
performance.
Using institutional economics as a theoretical framework, this book
analyzes institutional environment conducive to entrepreneurial
activity in order to enhance economic performance across countries.
In particular, the main contributions of this book to the
entrepreneurship literature are the following: * Identify past and
current research about the institutional context shaping
entrepreneurial activity and its effect on economic growth *
Examine social progress orientation as those institutional factors
that are shaping innovative entrepreneurial activity * Explore the
effect of different types of entrepreneurial activities on economic
growth * Examine how social progress orientation through
opportunity-driven entrepreneurship affects economic development*
Analyze the interrelationships between institutions,
entrepreneurial activity and economic development across countries
* Study how the country's institutional context influences the way
in which entrepreneurial activity affects social progress Two sides
of the same coin might be observed when analyzing policy aspects of
those institutions affecting entrepreneurial activity. On the one
hand, effective public policy to promote entrepreneurship is
predicated on understanding the underlying forces as well as the
consequences and impacts of entrepreneurship. On the other hand,
different endeavors to promote entrepreneurial activity might have
deleterious economic effects since they could actually reduce
employment in the long-term. Thus, it is crucial to understand the
institutional environment in which entrepreneurs are interacting
and making decisions. The comprehension of these phenomena serves
to move forward the theoretical, practical and policy debate on
entrepreneurship as a mechanism to achieve higher economic
performance.
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