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Keywords: Regulations
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Journal Articles
Journal of Science and Technology Policy Management (2026) 17 (11): 26–52.
Published: 11 March 2026
... and the cultural and social practices of a society. Weak institutional development can hinder the growth of new firms (Baumol et al., 2009), while overly stringent regulations may similarly obstruct their establishment (Soto, 2000). From an economic perspective, institutional theory frames institutions...
