The rise of the knowledge-based economy has made higher education become even more crucial as an engine for economic growth in a global and regional context. This article aims to assess the performance of higher education institutions (HEIs) in Cambodia in preparing their graduates for the competitive labour market in the ASEAN Economic Community (AEC). The triple helix model for innovation is ...

Over the last couple of decades, there has been a growing awareness in academic and policymaking circles regarding the importance of institutions for economic development. Institutions constitute the rules of the game in a society or, more precisely, the restrictions designed by members of a society to influence human interaction. Any transformation affecting these rules may clearly have a dire...

Political Institutions and Regimes since 1600: A New Historical Data Set Do national political institutions matter for social developments and changes? If so, how, where, and when do the critical conditions occur, and how long is the causal time lag? What are the patterns of interaction between political regime types and institutional changes from one country to another? These are some of the q...

Entrepreneurship has long been perceived as a crucial determinant for economic growth. There has been a considerable upsurge in researches trying to determine the main elements driving entrepreneurship and the channel through which entrepreneurship generates economic growth; however, a global consensus has not been reached yet on theoretical, methodological and empirical levels.  The basic prob...

What accounts for economic growth and prosperity? What stands at their origin? Recent literature typically searches for single univariate causal explanations: institutions, culture, human capital, geography. In this paper we provide instead a first theoretical modeling of the interaction between different possible explanations for growth and prosperity (in particular, between culture and instit...

Does economic development depend on geographic endowments like temperate instead of tropical location, the ecological conditions shaping diseases, or an environment good for grains or certain cash crops? Or do these endowments of tropics, germs, and crops affect economic development only through institutions or policies? We test the endowment, institution, and policy views against each other us...

The social context can have a large impact on economic decisions. The theoretical challenge is to formulate a model that encompasses both social and economic decisions in a meaningful manner. We discuss the incorporation of social context into neoclassical economic models using social institutions. We also discuss the relationship between social institutions, social capital, and the social valu...

This paper provides a review of the economic literature on social security systems and of practical experiences with building social security institutions. The focus is on the design of the institutions, and on the complicated relation between social security, economic welfare and economic growth at the macro-level. The aim of this review is to provide lessons for building social security schem...

OBJECTIVE To analyze the strategic alliances that Catalan hospitals form with other health care entities and other types of institutions to foster technological and organizational innovation. METHODS Qualitative case studies were conducted at a sample of 16 public hospitals in Catalonia, Spain. The sample was limited to three (Level 1-3) of Catalonia's four levels of hospitals (classified acc...

This paper analyzes the relationship between institutions, foreign direct investment (FDI) and economic growth in Western Balkans region. We use a difference-indifference method to evaluate impact of institutions on attracting FDI promoting we find evidence, which support that quality is an important policy variable. The research shows play key role determining investment. highlights importance...