Panagiotis E. Petrakis is Professor in the Department of Economics at National and Kapodistrian University of Athens, Greece, where he serves as Scientifi c Coordinator of Distance Education Training Programs. He was chairman of the Department of Economics at National and Kapodistrian University of Athens from 2005 to 2009. He is the author of numerous scientifi c articles and monographs and has extensive publications in recognized academic journals on economic development, entrepreneurship, and cultural background.   Kyriaki I. Kafka is Adjunct Lecturer of Economics at the National and Kapodistrian University of Athens / Department of Economics. She has published books and articles in distinguished academic journals including Journal of Comparative Economics, Journal of Business Research and Journal of Innovation and Knowledge, and her research interests include economic development and growth, cultural economics, institutional economics, entrepreneurship, and innovation.   Pantelis C. Kostis is Adjunct Lecturer of Economics at the National and Kapodistrian University of Athens / Department of Economics and the Hellenic Open University, Greece. His research has been published in distinguished international academic journals including Journal of Comparative Economics, Journal of Business Research, Economic Modelling and the Journal of Socio- Economics. He is also the co-author of several books regarding the European and the Greek economy, and economic development and growth.   Dionysis G. Valsamis is a Researcher in the Department of Economics at the National and Kapodistrian University of Athens, Greece. He is the co-author of two books and has published articles in academic journals. His research interests include monetary policy, economic growth, and the implementation of economic policies in Europe.