Deficits and Institutional Theorizing about Households and the State

Todorova, Zdravka

doi:10.1080/00213624.2007.11507047

Cited by 9 publications

(4 citation statements)

References 8 publications

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“…For our purposes, the principal merit of the value dichotomy is that it forces us to ask "what is the instrumental value of this characteristic," and not accept the face validity, so to speak, of a label. Instrumental value theory has been applied to a range of economic issues, including pricing in the international petroleum industry (Tool 1993b), the granting of intellectual property rights to innovators (Adkisson 2004), timber resource use in Maine (Welcomer and Haggerty 2007), and government and household deficits (Todorova 2007).…”

Section: Instrumental Value Theory and New Venture Performancementioning

confidence: 99%

Instrumental Value Theory and the Human Capital of Entrepreneurs

Levie

Gimmon

2009

Journal of Economic Issues

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Given the contribution of Schumpeterian entrepreneurship to technological progress and well-being, the accuracy of investment decisions by venture capitalists is a societal issue. Venture capitalists find the human capital of entrepreneurs difficult to assess. This paper employs instrumental value theory to assess the impact of different human capital factors on the performance of new ventures. A meta-analysis of 29 previous empirical studies that examined the effect of founder's human capital on new venture performance suggested that instrumental value theory holds promise as a guide for research on entrepreneurs' human capital and new venture performance. It could also help venture capitalists to make better investment decisions, benefiting society in general.

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Section: Instrumental Value Theory and New Venture Performancementioning

confidence: 99%

Instrumental Value Theory and the Human Capital of Entrepreneurs

Levie

Gimmon

2009

Journal of Economic Issues

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“…14 See Todorova (2007). 15 See Hopkins and Todorova (2014) for a discussion of the gender dimensions of such evolving standards.…”

Section: Social Process: Agency Within Institutions; Institutions Becmentioning

confidence: 99%

From Monetary Theory of Production to Culture-Nature Life Process: Feminist-Institutional Elaborations of Social Provisioning

Todorova

2014

SSRN Journal

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The article seeks to contribute to the literature on social provisioning as an organizing concept in heterodox economics. Particularly, the article details social provisioning as an amalgamation of processes and as a part of a system of culture-nature life process. First, the article delineates a categorization of social provisioning activities with respect to motivation in their organizationmonetary and non-monetary, emphasizing the differences, as well as links between those. Second, the article discusses valuation of social activities, applying institutional theory. Third, the concept of a social process is delineated. It is argued that the concept captures agency and structure without reducing one to the other, and allows for theorizing open-endedness of social provisioning. The fourth section offers a categorization of processes and briefly explains each one of those, conceptualizing social provisioning within a historical culture-nature life process. Finally, the article concludes.

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“…A stretch in the value structure is necessary every time a tool emerges as a problem-solving device. A tool may be 'ceremonially inadequate' -meaning that only the tools that can be reconciled with the existing value structure of the community would be sanctioned for problem-solving purposes (Bush 1987;Todorova 2007).…”

Section: The Public Sector and Social Response To Conflictmentioning

confidence: 99%

Connecting Social Provisioning and Functional Finance in a Post-Keynesian Institutional Analysis of the Public Sector

Todorova

2013

SSRN Journal

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This paper establishes connections between the frameworks of social provisioning and functional finance, and discusses a post-Keynesian-Institutionalist theory of the public sector that emerges out of these linkages. The concept of social provisioning has emerged out of Institutional economics, and has been further developed by institutional and other heterodox economists. Its potential as a methodological foundation that connects various heterodox approaches has received some growing attention. Such discussions have not referred in an analytical manner to functional finance. On the other hand, the principles of functional finance have been elaborated and developed outside an explicit grounding in a social provisioning framework. The article specifies further the concept of social provisioning and discusses functional finance within such a framework. The framework of functional finance gains a structural and institutional grounding which enables a deeper and more critical conceptualization of the public sector.

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Deficits and Institutional Theorizing about Households and the State

Cited by 9 publications

References 8 publications

Instrumental Value Theory and the Human Capital of Entrepreneurs

Instrumental Value Theory and the Human Capital of Entrepreneurs

From Monetary Theory of Production to Culture-Nature Life Process: Feminist-Institutional Elaborations of Social Provisioning

Connecting Social Provisioning and Functional Finance in a Post-Keynesian Institutional Analysis of the Public Sector

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