Institutions Drive Firm Growth and Transform Societies: Study
The article "Firm Growth, Institutions and Structural Transformation" explores how different factors influence the growth of businesses and the overall economy. The researchers looked at how institutions, like government policies and regulations, impact the transformation of industries. They found that strong institutions can help businesses grow and lead to positive changes in the structure of the economy. This suggests that creating a supportive environment for businesses can lead to overall economic development.