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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010262477
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005762377
We explore whether the introduction of trust based working hours is related to the subsequent innovation performance of … adoption of trust based working hours and innovation seems to be driven by the degree of control and self-management over …
Persistent link: https://www.econbiz.de/10010884337
Persistent link: https://www.econbiz.de/10008532465
Persistent link: https://www.econbiz.de/10008551722
We explore whether the introduction of trust based working hours is related to the subsequent innovation performance of … adoption of trust based working hours and innovation seems to be driven by the degree of control and self-management over …
Persistent link: https://www.econbiz.de/10010352329
Persistent link: https://www.econbiz.de/10009370238
Persistent link: https://www.econbiz.de/10008532331
-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/10010274699
This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …
Persistent link: https://www.econbiz.de/10005703394