Property relations and economic mechanism

Rothberger's Property and Partition Relations

Let X be an infinite but separable metric space. An open cover U of X is said to be large if, for each x ∈ X the set {U ∈ U : x ∈ U} is infinite. The symbol Λ denotes the collection of large open covers of X. An open cover U of X is said to be an ω–cover if for each finite subset F of X there is a U ∈ U such that F ⊆ U , and X is not a member of U . X is said to have Rothberger’s property if th...

Property Rights and Economic Development

This chapter develops a unified analytical framework, drawing on and extending the existing literature on the subject, for studying the role of property rights in economic development. It addresses two fundamental and related questions concerning the relationship between property rights and economic activity. (i) What are the mechanisms through which property rights affect economic activity? (i...

Dynamic Capabilities and Economic Relations

The dynamic capabilities approach to a firm’s organisation and behaviour is attracting a growing number of studies and applications, now evident in economics and business literature. Starting from the main features of the consequent debate, this paper analyses the theoretical foundations of dynamic capabilities and their relevance to a firm’s internal structure and external relations. The paper...

Globalization, intellectual property, and economic prosperity

Innovation and the adoption of new ideas is fundamental to economic progress, and so is free trade of goods and services. Herewe examine the underlying economics of the market for ideas and its implications for trade. From a positive perspective, we examine how such markets function and how international trade interact with them. From a normative perspective, we examine the pitfalls of current ...

Intellectual Property Rights and Economic Development