Realizing institutions and regulations that foster economic growth is an essential asset for contemporary economies. This book investigates practices and options for steering individual and firm behaviour that prevents unacceptable externalities and boosts public interests. These multi-dimensional interactions are investigated in three areas; innovativeness, especially in terms of IP rights; food safety requirements and the impact on EU-competitiveness; and economic stability, particularly within the banking industry. The book provides complementary views and offers clear and relevant conclusions.
Public Interests versus Private Incentives
Chapter 6: The EU Precautionary Principle Impacts Both Food Safety and Market Entry and Competitiveness
Subjects: economics and finance, institutional economics
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