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We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is …
Persistent link: https://www.econbiz.de/10008865973
What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more pro-entrepreneurial policies....
Persistent link: https://www.econbiz.de/10008530366