Kanniainen, Vesa (contributor); Poutvaara, Panu (contributor) - 2007
entrepreneurship. First, in
addition to the innate entry cost, there are entry costs caused by regulation. Second, union
wage policies … raise the opportunity cost of entrepreneurship. Third, inefficiencies in the
transmission of tacit knowledge between … cost of entry for
a potential entrepreneur. It also has an impact on the …rm’s labor demand
and hence the size distribution …