Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/62604 
Autor:innen: 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
Working Paper No. 2011-9
Verlag: 
Brown University, Department of Economics, Providence, RI
Zusammenfassung: 
This research suggests that the evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting traits generated an evolutionary advantage and their increased representation accelerated the pace of technological progress and the process of economic development. In mature stages of development, however, risk-averse traits gained an evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth across countries.
Schlagwörter: 
Risk Aversion
Growth
Technological Progress
Evolution
Natural Selection
JEL: 
O11
O14
O33
O40
J11
J13
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
263.66 kB





Publikationen in EconStor sind urheberrechtlich geschützt.