When innovation meets institutions: the challenges of crowd-based innovations for governance

Adaptive governance: Towards a stable, accountable and responsive government

Organizations are expected to adapt within a short time to deal with changes that might become disruptive if not adequately dealt with. Yet many organizations are unable to adapt effectively or quickly due to the established institutional arrangements and patterns of decision-making and governance. Adaptive governance should enhance the...

Instituitions and Venture Capital: A cross country analysis on OECD countries

Small and Medium Enterprises (SMEs) form the backbone of any economy. However, access to finance remains a key contraint to SME development and thus economic development. The Venture Capital industry has proved to be a good alternative source of financing in some countries to promote innovation and entrepreneurship. Having originated in the USA ...