Institutional constraints and economic development

Gurvich, E.

doi:10.1016/j.ruje.2016.11.002

Cited by 43 publications

(19 citation statements)

References 55 publications

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“…If it is not changed, the economy will not achieve accelerated growth. Based on the analysis of various institutional reforms, corresponding measures were proposed to ensure the development of the Russian economy and to mitigate the economic and social risks that threaten Russia [5].…”

Section: Research On the Impact Of Institutional Factors On Economic mentioning

confidence: 99%

Research on the Institutional Influence on the Development of the High-Tech Industry

Sheng

Ding

2020

IEEE Access

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This paper measures and analyzes the institutional influence on the development of China's high-tech industry from 1995 to 2016. The following discoveries are shown. The institutional environment on which China's high-tech industry depends has shown an increasing trend in recent years, but its momentum is obviously weaker than that in the early stage. The calculation results are the same and comprehensive whether the institutional variable is substituted directly into the production function as the explanatory variable or if it is put into the capital stock, labor force and Total factor productivity regression equations. The institutional influences on the input-output of the high-tech industry are very clear and positive, and its influence on the TFP is the greatest. Therefore, the continuous improvement of the institutional environment of high-tech industries is conducive to promoting the high-quality development of the industry. INDEX TERMS Contribution rate, high-tech industry, institutional factor, Solo model.

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Section: Research On the Impact Of Institutional Factors On Economic mentioning

confidence: 99%

Research on the Institutional Influence on the Development of the High-Tech Industry

Sheng

Ding

2020

IEEE Access

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“…More specifically, institutional traps [Polterovich, 2017] which occurred as a result of the voucher privatization there [Boycko et al, 1995] led to a massive distortion of market signals and manifested itself in an exorbitant proportion of the state-owned enterprises (SOEs), a policy of industrial paternalism (e.g. soft budget constraints and a non-functioning creative destruction mechanism), which implies the unreasonable backing of inefficient industries and companies as well as an inefficient public administration mechanisms, weak property rights protection, the vulnerability of property, and an ongoing struggle for rents as the key institutional constraints [Gurvich, 2016]. This resulted in a dominant role of 'predatory entrepreneurs' [Feige, 1997] and of 'unproductive entrepreneurship' [Baumol, 1990] in the EE.…”

Section: The Institutional Context For Entrepreneurial Ecosystems In mentioning

confidence: 99%

Historical and Institutional Determinants of Universities’ Role in Fostering Entrepreneurship

Chepurenko

Kristalova

Wyrwich³

2019

Foresight and STI Governance

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I nstitutions play a key role in building entrepreneurial ecosystems (EEs). However, the academic literature does not well represent the historical roots of these institutions and most works are devoted to developed countries. This article examines the institutional conditions for the development of scientific and entrepreneurial activities at universities in the context of the transition to a market economy. It considers the «path dependence» (mentality and Кeywords: entrepreneurial ecosystems; transition; entrepreneurship; universities; institutions infrastructure inherited from the past), as well as specific mechanisms for regulating the interaction of universities and other subjects of EE developed during the transition period. Such an approach allows us to assess the potential of universities for the development of entrepreneurship in countries with a transition economy and the impact of historical development paths upon the current structural conditions and the specific features of the EE.

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“…cific transition trajectory of Russia [Aidis et al, 2008;Bessonova, Gonchar, 2015;Bruton et al, 2010;Gurvich, 2016]. More specifically, institutional traps [Polterovich, 2017] which occurred as a result of the voucher privatization there [Boycko et al, 1995] led to a massive distortion of market signals and manifested itself in an exorbitant proportion of the state-owned enterprises (SOEs), a policy of industrial paternalism (e.g.…”

Section: The Institutional Context For Entrepreneurial Ecosystems In mentioning

confidence: 99%

“…More specifically, institutional traps [Polterovich, 2017] which occurred as a result of the voucher privatization there [Boycko et al, 1995] led to a massive distortion of market signals and manifested itself in an exorbitant proportion of the state-owned enterprises (SOEs), a policy of industrial paternalism (e.g. soft budget constraints and a non-functioning creative destruction mechanism), which implies the unreasonable backing of inefficient industries and companies as well as an inefficient public administration mechanisms, weak property rights protection, the vulnerability of property, and an ongoing struggle for rents as the key institutional constraints [Gurvich, 2016]. This resulted in a dominant role of 'predatory entrepreneurs' and of 'unproductive entrepreneurship' [Baumol, 1990] in the EE.…”

Section: The Institutional Context For Entrepreneurial Ecosystems In mentioning

confidence: 99%

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2019

Foresight and STI Governance

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is an international interdisciplinary peer-reviewed openaccess journal. It publishes original research articles, offering new theoretical insights and practice-oriented knowledge in important areas of strategic planning and the creation of science, technology, and innovation (STI) policy, and it examines possible and alternative futures in all human endeavors in order to make such insights available to the right person at the right time to ensure the right decision. The journal acts as a scientific forum, contributing to the interaction between researchers, policy makers, and other actors involved in innovation processes. It encompasses all facets of STI policy and the creation of technological, managerial, product, and social innovations. Foresight and STI Governance welcomes works from scholars based in all parts of the world. Topics covered include: • Foresight methodologies and best practices; • Long-term socioeconomic priorities for strategic planning and policy making; • Innovative strategies at the national, regional, sectoral, and corporate levels; • The development of National Innovation Systems; • The exploration of the innovation lifecycle from idea to market; • Technological trends, breakthroughs, and grand challenges; • Technological change and its implications for economy, policy-making, and society; • Corporate innovation management; • Human capital in STI; and many others. The target audience of the journal comprises research scholars, university professors, postgraduates, policy-makers, business people, the expert community, undergraduates, and others who are interested in S&T and innovation analyses, foresight studies, and policy issues.

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Institutional constraints and economic development

Cited by 43 publications

References 55 publications

Research on the Institutional Influence on the Development of the High-Tech Industry

Research on the Institutional Influence on the Development of the High-Tech Industry

Historical and Institutional Determinants of Universities’ Role in Fostering Entrepreneurship

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