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