We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …, optimal entry of original firms and all subsequent employee spinoffs is achieved, despite the fact that the original firm can … increases the rate of spinoffs from original firms. Indeed, if employers have all the bargaining power vis-à-vis their employees …

This paper proposes a novel approach to evaluate location decisions for public facilities. The approach addresses, not … only the standard distance-minimizing problem, but also the endogenous location decisions of individuals. To do so, I …, commutes to work and public facilities, as well as public facility characteristics. The latter includes a facility’s location …

the profits are sufficient to cover the entry costs. The other brand-name drug has already lost its patent and faces … profits to the patent-holding firm, making entry of the new drug treatment least likely. Surprisingly, we find that GRP …