Examlex
The results of the experiments discussed in Chapter 7 suggest that when confronted with new situations, people react based on how they would normally behave in an analogous situation in their everyday lives. This suggests that if we assume that democratic institutions tend to require a particular type of behavior (for instance, a combination of cooperation, competition, and compromise), then individuals in societies whose interactions already require this behavior in everyday interactions will find it easier to adopt and support democracy.
Entrepreneurial Revolution
A significant shift towards entrepreneurship and innovation, transforming traditional industries and creating new economic opportunities.
Competitiveness
The ability of a company or a nation to offer products and services that meet the quality standards of the local and global markets at prices that are competitive.
David Birch
An American economist noted for his research on job creation, small and medium enterprises, and entrepreneurial activity.
MIT Researcher
This describes an individual involved in conducting research at the Massachusetts Institute of Technology, a leading institution known for its scientific and technological research.
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