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Culture, Institutions and the Wealth of Nations

Gorodnichenko, Yuriy; Roland, Gerald - Institute for the Study of Labor (IZA) - 2010

-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

Persistent link: https://www.econbiz.de/10008680898

Innovative Firms or Innovative Owners? Determinants of Innovation in Micro, Small, and Medium Enterprises

de Mel, Suresh; McKenzie, David; Woodruff, Christopher - Institute for the Study of Labor (IZA) - 2009

Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across … and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have … restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. We develop a …

Persistent link: https://www.econbiz.de/10005822994

Entrepreneurship and Economic Development: Theory, Evidence and Policy

Naudé, Wim - Institute for the Study of Labor (IZA) - 2013

This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and...

Persistent link: https://www.econbiz.de/10010884187

Drivers of Entrepreneurship and Post-Entry Performance of Newborn Firms in Developing Countries

Quatraro, Francesco; Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2013

The aim of this paper is to provide an updated survey of the "state of the art" in entrepreneurial studies, with a particular focus on developing countries (DCs). In particular, the same concept of "entrepreneurship" will be critically discussed, then moving to the institutional, macroeconomic...

Persistent link: https://www.econbiz.de/10010884241

Entrepreneurship in Advanced and Developing Countries: A Microeconomic Perspective

Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2012

The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from simple 'turbulence'; 2) the different microeconomic...

Persistent link: https://www.econbiz.de/10011279314

How Corruption Hits People When They Are Down

Hunt, Jennifer - Institute for the Study of Labor (IZA) - 2006

Using cross-country and Peruvian data, I show that victims of misfortune, particularly crime victims, are much more likely than non-victims to bribe public officials. Misfortune increases victims’ demand for public services, raising bribery indirectly, and also increases victims’ propensity...

Persistent link: https://www.econbiz.de/10005822385

Will GDP Growth Increase Happiness in Developing Countries?

Clark, Andrew E.; Senik, Claudia - Institute for the Study of Labor (IZA) - 2011

This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with the Easterlin paradox, higher income is always...

Persistent link: https://www.econbiz.de/10008876568

Engineers, Innovative Capacity and Development in the Americas

Maloney, William F.; Caicedo, Felipe Valencia - Institute for the Study of Labor (IZA) - 2014

Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...

Persistent link: https://www.econbiz.de/10010790517

Do Middle Classes Bring Institutional Reforms?

Loayza, Norman; Rigolini, Jamele; Llorente, Gonzalo - Institute for the Study of Labor (IZA) - 2012

We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle class increases (measured as the proportion of people...

Persistent link: https://www.econbiz.de/10011279274

Joblessness and Perceptions about the Effectiveness of Democracy

Altindag, Duha; Mocan, Naci - Institute for the Study of Labor (IZA) - 2010

Using micro data on more than 130,000 individuals from 69 countries, we analyze the extent to which joblessness of the individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that personal joblessness experience translates...

Persistent link: https://www.econbiz.de/10008506087