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Governing hybridity [1]. A hybrid organization is an organization that mixes elements, value systems and action logics (e.g. social impact and profit generation) of various sectors of society, i.e. the public sector, the private sector and the voluntary sector.
The L3C structure was designed by Robert M. Lang, Jr., who was the CEO of a New York-based family foundation. [4] Lang developed the structure as a way for foundations to clear tax and regulatory hurdles when it came to donations. With the first L3C statute being enacted in 2008, L3Cs are considered a relatively young legal form of business ...
In previous examples, successful institutions are defined by strong hybridity. However, hybridity which is too strong can challenge the legitimacy of academic-scientific-private hybrids. Gulbrandsen highlights the dilemma faced by Research Institutions in their engagement with the private sector and universities.
An economic system, or economic order, [1] is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions , agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.
The 1994 Hines-Rice paper is recognised as the first important paper into BEPS and tax havens, [10] [18] and it is the most cited research paper in history on tax havens. [3] The 1994 Hines-Rice paper has been cited by all subsequent most cited research papers into tax havens, including by Desai , [ 19 ] Dharmapala , [ 20 ] Slemrod , [ 21 ] and ...
The second is focused on the institutional environment and formal rules. It uses the economics of property rights and positive political theory. The third focuses on governance and the interactions of actors within transaction cost economics, "the play of the game". Williamson gives the example of contracts between groups to explain it.
Structuralist economics is an approach to economics that emphasizes the importance of taking into account structural features (typically) when undertaking economic analysis. The approach originated with the work of the Economic Commission for Latin America (ECLA or CEPAL) and is primarily associated with its director Raúl Prebisch and ...
Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behavior.Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other.