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These informal constraints form impediments not only for new firm creation but also for firm survival and firm exit.
Although the scholarship has made some attempts to understand and categorize those impediments, not much has been said about how to identify them in a specific practical context.
Jurisdictional gridlock, warring constituencies, the death grip of private developers, shortages of vision, leadership, patience, attention and money — how can this list of impediments not leave you jaded?
This becomes essential when the greatest challenges to business adoption of data result from cultural impediments, not technical roadblocks.
Transaction costs are related to property rights in unstable and contested ways, and they comprise a heterogeneous set of impediments, not all of which are amenable to cost-effective reduction through law.
Governmental and institutional impediments, not the will of people, has dictated the incremental pace.
Similar(53)
Confirming the fears of Dick Cheney, President Bush's vice-president, the UN and inspections became an impediment – not to armed action, but to legitimacy.
French consumers simply are not spending the way they used to, and that is an impediment not only for the merchants of the Marché aux Puces, but also for the country's ability to emerge from recession.
But my favorite aspect of the class was the emphasis the Murray's instructors put on learning the language of cheese: I suppose for many people, not knowing how to describe a cheese, or not knowing the names of various cheeses, is an impediment not only to cheese-buying and serving, but also to appreciation.
* To Caroline Aupick 27 March 1852 Jeanne has become an impediment not merely to my happiness, which wouldn't be very important, for I, too, know how to sacrifice my pleasures, and I've proved it - but also to the improvement of my mental faculties.
And at AT&T Wireless, the third-largest wireless carrier, the union won the right last year to card-check organizing, although elections must be held several days after the cards are gathered -- a potential union impediment not included in the Verizon agreement.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com