Abstract
In this paper we note a complementary relationship between the Austrian school, based on the individual’s role and markets, and institutional economics, which emphasizes the role of institutions in economic behavior. The idea of continuous improvement in corporate governance takes place in a system of complex and interrelated production in which the contributions of the various actors are necessary and difficult to quantify. Our working hypothesis is that institutions can to solve the distributional conflict and generate more productive organizations, while stimulating the entrepreneurial spirit.
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Lasierra Esteban, J. M. (2016). La idea Austriaca de “espíritu empresarial” y las instituciones laborales en la economía global. Revista de Economia Institucional, 18(35), 79–100. https://doi.org/10.18601/01245996.v18n35.05
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