TY  - BOOK
AU  - Cooter,Robert
AU  - Schäfer,Hans-Bernd
TI  - Solomon's knot: how law can end the poverty of nations 
T2  - Kauffman Foundation Series on Innovation and Entrepreneurship
SN  - 9781400839681
AV  - K487 .S656 2011
PY  - 2011///
CY  - Princeton
PB  - Princeton University Press
KW  - Law and economics
KW  - Poverty
KW  - Law
KW  - Economic aspects
KW  - Economic development
KW  - Electronic Books
N1  - 2; Cover; Title Page; Copyright; Dedication; Contents; Preface; Acknowledgments; Chapter 1 It's about the Economy; Chapter 2 The Economic Future of the World; Chapter 3 The Double Trust Dilemma of Development; Chapter 4 Make or Take; Chapter 5 The Property Principle for Innovation; Chapter 6 Keeping What You Make--Property Law; Chapter 7 Doing What You Say--Contracts; Chapter 8 Giving Credit to Credit--Finance and Banking; Chapter 9 Financing Secrets--Corporations; Chapter 10 Hold or Fold--Financial Distress; Chapter 11 Termites in the Foundation--Corruption; 2; b
N2  - Sustained growth depends on innovation, whether it's cutting-edge software from Silicon Valley, an improved assembly line in Sichuan, or a new export market for Swaziland's leather. Developing a new idea requires money, which poses a problem of trust. The innovator must trust the investor with his idea and the investor must trust the innovator with her money. Robert Cooter and Hans-Bernd Schäfer call this the "double trust dilemma of development." Nowhere is this problem more acute than in poorer nations, where the failure to solve it results in stagnant economies. In Solomon's Knot, Cooter an
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