In their latest paper, NOUS member Nils Karlson, Christian Sandström and Karl Wennberg take stock of recent suggestions that the state apparatus is a central and underappreciated actor in the generation, diffusion, and exploitation of innovations enhancing growth and social welfare. They contrast such a view of “the entrepreneurial state” with theories and empirical evidence of the microeconomic processes of innovation in the modern economy which focus on well-functioning markets, free entry and competition among firms, and independent entrepreneurship as central mechanisms in the creation and dissemination of innovations.
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Jerg Guthmann & Stefan Voigt: Testing Todd: family types and development
Many years ago, Emmanuel Todd came up with a classification of family types and argued that the historically prevalent family types in a society have important consequences for its economic, political, and social development. Here, Read more…