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To be successful, reform strategies must be informed by a sound understanding of the diversity of European capitalism and the institutional structures that drive these differences. A common reform approach is to identify a country that appears to be performing well in a particular institutional dimension and to promote this institution in other countries.
This kind of best-practice-approach ignores the fact that each country has developed its unique bundle of institutions, which complement each other. Reform strategies that ignore such institutional complementarities risk doing more harm than good. This challenge may explain, for example, why European imitation of policies aimed at stimulating venture capital has been unsuccessful e.
Institutions are complementary if the presence or efficiency of one institution increases the returns from or efficiency of the other. Institutional complementarities imply that viable policy changes must be compatible with the existing institutional composition. We know from the literature that there may be more than one institutional form that can result in good economic outcomes. Our study covers 21 European countries and includes the United States as a point of comparison because it is considered successful in terms of entrepreneurship.
We include indicators on informal institutions norms and attitudes , political and economic institutions, labor market institutions and social protection systems, as well as the institutions that underpin knowledge and education. In order to examine whether and how these institutions support each other various statistical techniques are employed, namely principal component analysis to produce a minimum number of uncorrelated and orthogonal principal components, and cluster analysis to identify how countries group along these dimensions.
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Once a month, the Durban-based Dorse travels to South Africa’s major cities in search of top-notch professional clients to add to her books. But having a great career, a fat bank account and all the trimmings does not mean you automatically qualify, especially if you are substantial around the waist. Dorse is looking for perfection – people who exude life and wealth but have not connected with the love of their life. But Corporate Dating is aimed only at professionals who are successful, well-travelled, sociable and have balance in their lives but have just not found that important person to enjoy life with,” says Dorse.
In an age where gender equality is the buzz word and women are striving to be taken seriously by their male counterparts in all spheres of life, Dorse’s fundamentals seem bizarre and even outdated. She advises women to be more feminine, less aggressive and set their boardroom personas aside when on a date. A man is a breeder looking for a pretty woman to breed with. So a man will lust at you because of your looks, get to know you, and then show his respect by marrying you.
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Thank You for logging onto my website. I presume that the reason you are reading this is because you despair of ever meeting someone special or your soul mate. Don’t despair there ARE really great singles out there! Your reason for joining an organization like mine, would be just the same as all the rest of my clients:.
I always appreciate the time, effort and courage that it takes to make that first call and to set up the appointment. I would like you to read this letter at your leisure so that you may have a better understanding as to how I run Corporate Dating and what opportunity I am offering you, as a client.