Kauffman Foundation News (2/21/12): Read Kauffman’s latest book on innovation and entrepreneurship

Solomon’s Knot

A legal theory of economic growth that details how effective property, contract, and business laws help to unite capital and ideas

Solomon’s Knot, a book by Robert D. Cooter and Hans-Bernd Schäfer and published by Princeton University Press, is the newest release in the Kauffman Foundation Book Series on Innovation and Entrepreneurship. Authors Cooter and Schäfer propose a legal theory of economic growth that details how effective property, contract, and business laws help to unite capital and ideas. They also demonstrate why ineffective private and business laws are the root cause of the poverty of nations in today’s world. Without the legal institutions that allow innovation and entrepreneurship to thrive, other attempts to spur economic growth are destined to fail.

Learn more…>> http://www.kauffman.org/research-and-policy/solomons-knot.aspx