
Theoretical Framework
New Institutional Economics
In our studies, MASSEI adopts the framework that analyzes transaction costs in a micro-institutional environment to suggest solutions to promote private sector participation in the provision of public goods.
Austrian School of Economics
Adopting the Austrian School of Economics, we analyze formal institutions and the interactions among formal institutions to propose macroeconomic environment reform.
The economics of technological innovation
MASSEI applies both the national innovation system framework and the institutional environment’s impact framework for studies of science and technology innovation policy
Theoretical Framework