As lots of people complain about how government agencies and regulations get in the way of innovation and entrepreneurship. But, as the GEM report and slides show, having strong government and regulatory institutions is actually strongly associated with innovating economies.
How do you reconcile this difference?
https://ualearn.blackboard.com/bbcswebdav/pid-1911568-dt-content-rid-14974108_1/courses/201610-SS.MGT-386-901.MGT-386-902.MGT-386-990/course_files/module02/M2-GEM%202011Report.pdf
https://ualearn.blackboard.com/bbcswebdav/pid-1911567-dt-content-rid-14974109_1/courses/201610-SS.MGT-386-901.MGT-386-902.MGT-386-990/course_files/module02/M2_slides.pdf