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Introduction and Aims Entrepreneurship and the business environment, in general, are being influenced by the existence of formal and informal institutions. This study focuses on the negative versus positive perceptions of Moroccan, Chinese, and German entrepreneurs to formal and informal...
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, Brazil, Guatemala, Ecuador, Botswana, Egypt, Kenya, France, Federal Republic of Germany, Italy, the Netherlands, the UK …
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. Conducting our survey in six countries, Germany, France, Cyprus, China, India and Botswana, we provide evidence that fixed costs …
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