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This paper seeks to analyze empirically the net effect of trade openness on “economic culture”, measured by indicators of trust, respect, level of self‐determination, and obedience. Openness to international trade means that societies are more likely to be exposed to alternative attitudes, beliefs, ideas, and values leading to a Schumpeterian process of creative destruction whereby culture is destroyed on some margins and enhanced on others.

Using data on trade openness from Quinn and Sachs and Warner, the paper empirically evaluates the impact of trade openness on economic culture. The paper's measure of culture is taken from Tabellini and Williamson and Kerekes, where data from the World Values Survey is aggregated to create a culture variable. The paper isolates the impact of trade policies on economic culture through a variety of empirical strategies including both panel and cross sectional analysis.

The central finding of the study is that a society's openness to international trade generates, on net, positive effects on economic culture. The more open a country is to trade, the more likely it is to possess culture conducive to economic interaction and entrepreneurship.

This paper contributes to the existing literature by studying the impact of trade openness on culture. While previous studies have asked “Does culture affect economic outcomes?”, this paper explores the answer to the related question, “How does openness to trade affect culture?”.

Analyses and clarifies the concept of federalism outside such limited paradigmatic boundaries and includes the relevant social and economic variables. Applies a holistic and interdisciplinary methodology in the framework of the processes of general culture evolution to interrelate the social, the political and the economic. Compares the West European experiences and the US prototype, to that of the current movement towards an evolving Russian federation. Analyses the apparent positive and centripetal movement towards West European federalism, in the context of the European Union, juxtoposed to the centrifrugal forces evident in the collapse of the USSR. Analyses the current movement towards a Russian federation.

The purpose of this paper is to investigate the influence of broad cultural dimensions, as well as those of religion and legal origin, on countries’ economic freedom, i.e., trade freedom, investment freedom, business freedom, labor freedom, monetary freedom, as well as a composite measure of economic freedom.

Linear regression of publicly available data regarding economic freedom (Miller et al., 2018) on cultural dimensions (Hofstede, 2009), legal origin and religion (LaPorta et al., 1999) for 52 countries was performed to determine the impact of these factors on economic freedom.

Results indicated femininity was the cultural dimension associated with the most measures of economic freedom. Short-term-oriented cultures were predictive of greater business freedom, while more restrained cultures were associated with greater business and monetary freedoms. Higher individualism was predictive of greater monetary freedom. Catholicism positively predicted investment freedom and negatively predicted business freedom. French civil law negatively predicted labor freedom, while socialist legal origins positively predicted trade freedom, but negatively predicted business freedom.

This is the first study to examine the impacts of culture, law and religion on economic freedom. One practical implication of this research is that countries would be wise to emphasize more feminine aspects in their cultures, as these are associated with greater economic freedom. Even minor adjustments that move in the direction of cooperation and fair processes might help increase economic freedoms and the many benefits that stem from such freedoms.

This paper seeks to propose a framework that describes how culture evolves and how certain external shocks may or may not cause it to change.

The central point is that culture, like firms and markets, is a type of institution and is, therefore, susceptible to the same sort of analysis applied to other institutional forms. In this study, culture is examined from the game‐equilibrium view of institutions that suggests that norms of behavior are endogenously generated and become self‐enforcing through the repeated interaction of individuals. Two historical examples are offered to assess the proposed framework: the experience of ethnic Malays in Malaysia following independence from Britain, and Brazil's agricultural workers during the early part of the twentieth century.

Conceptualizing culture in institutional terms challenges conventional wisdom, which regards culture as exogenously given. The institutional view of culture permits an evaluation of environmental changes as to the likelihood that they will change generally held beliefs.

To the extent that culture explains, in part, the economic performance of societies, the implication for policy makers is that they do not have to wait patiently for slow cultural change or rely on serendipity to achieve a more productive culture paradigm.

This paper applies concepts from institutional economics to the study of culture evolution and change.

The purpose of this paper is to explore the application of a hermeneutic-based approach as innovative way to study the Cultural Heritage management in a mesoeconomic space.

The paper builds a theoretical framework based on the analysis of relevant literature in the field of cultural economics, heritage economics and conservation and restoration techniques. Then, after having defined the conceptual hypothesis, a hermeneutical interpretative model is designed for the analysis of the processes of Cultural Heritage management with particular regard to the strategies of stakeholder engagement.

The research shows how the mesoeconomic space is that border area where it is possible to solve more easily the conflicts that arise as a result of the different expectations of stakeholders. Hermeneutical analysis, applied in iterative form, allows us to find common connections, points of contact and convergences between the interpretative horizons of the various stakeholders.

The application of the interpretative model allows the identification of the expectations of stakeholders, improving the knowledge of the tangible and intangible attributes of works of art, in order to design appropriate interventions of restoration, conservation and valorization.

The new model of analysis, based on hermeneutic methodology, is designed to understand and describe the social and economic relations between the different stakeholders involved in the management of Cultural Heritage.

This paper examines for the first time the Cultural Heritage sector within the mesoeconomic area between the micro and the macroeconomy. In addition to this mesoeconomic analysis and conceptual approach, the authors introduce as methodology the economic hermeneutics that represents an innovative tool in the field of economic and business disciplines.

The purpose of this paper is to examine the impact of economic development on culture and the significance of cultural change on the evolution of offshoring of services and knowledge‐based activities.

The paper offers a conceptual model that links economic development, national cultural predispositions, and the future of offshoring service and knowledge functions. It builds on a range of academic literatures within these core areas to derive a set of propositions that offer insights into the manner in which the relative success and evolution of offshoring service and knowledge work would be impacted by a country's economic development posture and its cultural roots and value systems. The model presented here is also well complemented by examples from real offshoring projects to offer the reader a comprehensive picture of the central propositions put forth.

Several propositions, formulated at the multidisciplinary intersection of service operations management, strategy, and international studies, provide ample opportunities for further discipline‐specific and cross‐disciplinary examination of complex interactions of economic development, culture, and offshoring approaches.

This form of conceptual research provides the basis for more rigorous theory development and testing. The aim of the conceptual analysis was to begin linking nascent research in the area of service and knowledge offshoring to an area of research that examines the links between economic development and culture.

Global operations managers dealing with extended service value chains that include offshore service providers must not only focus on dealing with cultural differences but they must also identify requisite cultural attributes for evolving service center roles.

By integrating perspectives from service operations management, strategy, and international studies, the paper provides new perspectives on offshoring of service and knowledge operations.

Economists should not, according to Jones, neglect the legal, cultural, and social impediments that affect the dissemination of full-blown market behavior outside Western society. Custom, traditions, beliefs, and values combine with economic choice to produce existing culture. But, within these interactions, the economic choices of self-interested individuals and their formal institutions hold the upper hand. Jones rejects the hypothesis of “cultural nullity,” according to which culture depends entirely on the economy. Jones also rejects the alternative “cultural relativist” hypothesis, where each culture maximizes its own values, and the free market and capitalism are themselves cultural artifacts. For Jones, the cultural context within which capitalism develops is relevant only as a second-order factor to explain the pace and uneven nature of the global diffusion of wealth-maximizing, self-interested, and competitive behavior.

This paper analyzes and explains the dynamics of corporate evolution in the context of anthropologist conception of culture. The multinational corporate characterizing the Galbraithian world, as The New Industrial State, dominates the current economic landscape. The conception of corporate culture and its dynamics lays bare the locus of corporate power which resides in the control of corporate technology. Granting this dynamic, the question then arises concerning the agency which controls the application and use of this cumulated corporate power. Corporate power and policy in the USA are currently directed by a social institution in the form of profits without social responsibility. This policy is manifest in a “low road” of cost reduction. Such a policy direction exacerbates rather than ameliorates the current economic malaise now characterizing the US economy.