Towards an Elite Theory of Economic Development

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Institutions are outcomes of elite agency. Leveraging ideas from economics, sociology, politics, and management, this book proposes an ‘elite theory of economic development’. The overarching goal is to foster sustainable value creation at the elite business model level. This work also aims to contribute to transformational leadership, and links are made to the annual Elite Quality Index (EQx), a measure of the value creation of national elites.