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This paper studies whether promoting entrepreneurship is always growth-enhancing under a dynamic general … supply effect. The working of these two effects results in a non-monotone entrepreneurship-economic growth relationship. Due … individuals. As a result, there can be too less or too much entrepreneurship in the decentralized equilibrium. Although having …
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This paper studies decision making by successful entrepreneurs and their agents. Since entrepreneurs decisions are often influenced by their agents' advice, understanding the behavior of both involved parties is crucial in analyzing observed decisions. To this end, a sample of successful...
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