An institutional economic appraisal of worker equity schemes in agriculture

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dc.creatorKaraan, A.S. Mohammad
dc.date2009
dc.date2024-11-21T09:58:40Z
dc.date2024-11-21T09:58:40Z
dc.date.accessioned2026-06-27T15:42:35Z
dc.descriptionThe importance of institutional innovation as a key determinant of economic growth has received much attention in the economic literature. Joseph Schumpeter in particular was concerned with this issue and the important role of the entrepreneur whose innovations advance growth (Demsetz 2000). Lewis (1955) later gave further attention to the institutional factors in society that determine economic performance, such as property rights, population, and capital. Hayami and Ruttan (1985) later introduced the concept of induced innovations: institutional changes tend to follow price signals. More recent work relates to the innovations occurring in firms and industries that enhance global competitiveness (Best 1990; Porter 1990).
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/161836
dc.identifier.urihttp://hdl.handle.net/123456789/112417
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.relationhttps://doi.org/10.2499/9780896297814BK
dc.rightsOpen Access
dc.sourceKaraan, A.S. Mohammad. 2009. An institutional economic appraisal of worker equity schemes in agriculture. In Institutional economics perspectives on African agricultural development. Chapter 7. Pp. 201-212. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/161836
dc.subjecteconomic development
dc.subjectagricultural development
dc.subjectcase studies
dc.subjectnatural resources management
dc.subjectsmallholders
dc.subjectpoverty alleviation
dc.subjecteconomic growth
dc.titleAn institutional economic appraisal of worker equity schemes in agriculture
dc.typeBook Chapter

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)