<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The aim of this study was to show the relationship between the level of the confidence indicator and the innovation of the economies of individual Scandinavian countries in the context of the new institutional economy (NEI). Literature studies and analysis of available results of social research indicate the importance of formal and informal institutions in Denmark, Sweden, Norway and Finland in making these countries world leaders in innovation.</p></abstract>

The aim of this study was to show the relationship between the level of the confidence indicator and the innovation of the economies of individual Scandinavian countries in the context of the new institutional economy (NEI). Literature studies and analysis of available results of social research indicate the importance of formal and informal institutions in Denmark, Sweden, Norway and Finland in making these countries world leaders in innovation.

Institutions, trust and the high level of innovativeness in the Scandinavian countries

WSB Journal of Business and Finance

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The aim of this study was to show the relationship between the level of the confidence indicator and the innovation of the economies of individual Scandinavian...

Institutions, trust and the high level of innovativeness in the Scandinavian countries

Published Online: Mar 21, 2019

Page range: 44 - 54

DOI: https://doi.org/10.2478/wsbjbf-2019-0005

Keywords
New Institutional Economy, NEI, confidence index, innovativeness of Scandinavian countries, world leader in innovation, Scandinavian innovations

© 2019 Gabriela Misiura et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Institutions, trust and the high level of innovativeness in the Scandinavian countries

Published Online: Mar 21, 2019

Page range: 44 - 54

DOI: https://doi.org/10.2478/wsbjbf-2019-0005

KeywordsNew Institutional Economy, NEI, confidence index, innovativeness of Scandinavian countries, world leader in innovation, Scandinavian innovations

© 2019 Gabriela Misiura et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
New Institutional Economy, NEI, confidence index, innovativeness of Scandinavian countries, world leader in innovation, Scandinavian innovations