2011/01/01 by Claude Diebolt, Diebolt, Claude
Economics, Econometrics and Finance · Social Sciences · #Anreizsystem #Bildungswesen #Corruption and Economic Development #Culture, Economy, and Development Studies #Economic Policies and Impacts #Hochschulbildung #Hochschulwesen #Institutionenökonomie #Leistungsfähigkeit #Wirtschaftsentwicklung #economic development (on national level) #economic success #education system #incentive system #institutional change #institutional economics #institutioneller Wandel #performance #public investment #university level of education #university system #wirtschaftlicher Erfolg #öffentliche Investition
paper · pdf · doi:10.12759/hsr.36.2011.2.338-342
openalex publication_date 2011/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
Douglass North offers an interesting alternative when he suggests that institutions and the resulting organisations play an essential role in explaining the economic performance of nations. Among these organisations, as an extension of North’s work, we find educational systems and in particular university systems. According to the type of institutions, these organisations act either towards increased competition, innovation, the search for productivity and entrepreneurship, or on the contrary towards rent seeking activities, thus discouraging productive activities.